Opinion: The Fed’s inflation promises are simply not credible
With inflation running high for the last 14 months, we can sadly conclude it’s entrenched, will be difficult to conquer and is hardly the province of...
AMD Stock Is Dipping. ‘Back Up the Truck’ and Buy, Says Analyst.
[ad_1] Text size An AMD central processing unit for a desktop PC. Alamy Wall Street is telling investors to buy Advanced Micro Devices shares any...
Toronto Stocks Inch Higher; Colliers Rises on 2Q Beat, Improved Outlook
[ad_1] By Adriano Marchese Stocks in Canada were mildly higher Wednesday mid-trading. In the session, the Canadian energy and materials sectors posted the largest declines...
India’s Central Bank Takes Steps to Stem Rupee’s Slide
India’s central bank has relaxed debt-market rules for foreign portfolio investors and allowed commercial banks to raise interest rates on nonresidents’ foreign-currency deposits in a...
Rising Interest Rates Will Crush the Federal Budget
The Federal Reserve’s policies of increasing interest rates and quantitative tightening—reducing its $8.9 trillion balance sheet—will increase the volume and cost of federal government borrowing,...
The Fed Gives Banks a Clean Bill of Health. The Stock Market Hasn’t.
The biggest commercial banks survived in the Federal Reserve’s nightmare hypothetical scenario of an economic collapse. A real-world test is coming. To be sure, if...
Small Businesses Fall Behind on Hiring as Inflation Takes a Toll
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MicroStrategy shares slump as bitcoin margin call looms
MicroStrategy has vowed never to sell any of the approximately 130,000 bitcoin it has in its possession. The question after the weekend’s slide in cryptocurrency...
Opinion: Inflation is making everything we buy more expensive, and once stagflation hits things could get even worse
Last month I examined the culprits that are causing global inflation, including rising interest rates, persistent supply chain issues (China locking down cities), and climbing energy...
Even Deep-Pocketed Buyers Are Starting to Back Away From the U.S. Housing Market
Two years ago, Austin real-estate agent Amy Deane, of Moreland Properties, was working with so many wealthy out-of-state buyers that she showed one $15 million...