How Can Spending Be Up When People Feel Down?
Updated Dec. 27, 2023 12:00 am ET According to the Misery Index, Americans shouldn’t be all that miserable. But they might only recently have started...
The Economy is Not What The Fed Expected
The Federal Reserve faces a challenge as it meets to assess economic projections, with inflation proving less predictable than anticipated and an unpredictably robust economy....
Retailers Paint a Worrying Picture of American Consumers
The retail sector suffered a severe blow this week. Macy’s and Kohl’s reported significant sales declines, indicating deeper underlying problems. Stock values plummeted across the...
The Fed Has Laid the Seeds of a Crisis That Wall Street Can No Longer Ignore
In a concerning move, Fitch downgraded America’s credit rating, emphasizing the country’s growing financial vulnerability due to prolonged Washington dysfunction. The Fed’s attempts to combat...
Black Swan Manager Preps for Financial ‘Mega-Tinderbox-Timebomb’
Markets Heard on the Street After an epic 15-year run, hedge fund Universa’s Mark Spitznagel says the financial system is poised for a crisis—eventually [ad_2]...
Nightmare Before Christmas for Department Stores
Markets Heard on the Street Slowing sales in recent weeks make for a tricky setup for retailers ahead of the holiday season [ad_2] Source link...
Inflation Could Create a Sticky Situation
Sometimes sharply rising fuel prices don’t end up being inflationary. Unfortunately, this may not be one of those times. The Commerce Department on Thursday reported...