Treasury Rally to Be Tested by Fed’s Next Move: WSJ
Bond yields have fallen after a sharp run-up earlier in 2022, but some investors are skeptical that the good news will last. [ad_2] Source link...
Americans Expect Worsening U.S. Economy in 2023, WSJ Poll Finds
WSJ News Exclusive Economy Over a third of voters say inflation is causing them major financial strain [ad_2] Source link...
Yield Curve Inversion Reaches New Extremes
The 10-year Treasury is yielding less than the 2-year note by the largest amount since the 1980s. This unusual relationship between yields reflects investors’ bets...
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give...
History says inflation could persist for a decade
If you are a retiree, or even near to retirement, you are probably more vulnerable to inflation than most. Your cost of living is probably...
Inflation Isn’t Going Anywhere. History Says It Could Take a Decade To Get Back to Normal: Barron's
The Fed and the markets alike anticipate inflation pressures abating significantly in 2023. History is not on their side. [ad_2] Source link...
To Solve Inflation, First Solve Deficits, This Theory Advises
Economy Capital Account Expect to hear more about the fiscal theory of the price level as governments struggle with rising debt and inflation [ad_2] Source...
Janet Yellen’s Learning Curve – WSJ
When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor noted that she seemed to...
Americans Cautious About Spending as Holiday Season Nears
U.S. consumers appear to be approaching the holiday season somewhat cautiously, according to The Conference Board. The private research group’s Holiday Spending Survey found consumers...
Why did inflation surge to 40-year highs? Here are 4 causes of the Fed’s mistake
The first was being unaware that the foundation of the U.S. banking system had been eroded away by complex mortgage securities carrying high credit ratings,...