Fed Meets Again as Rate Decision Looms
Six months ago, Wall Street was beside itself with glee in the expectation that the Federal Reserve would soon begin to start cutting interest rates Yet here we are nearly mid-year and, while other...
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Six months ago, Wall Street was beside itself with glee in the expectation that the Federal Reserve would soon begin to start cutting interest rates Yet here we are nearly mid-year and, while other...
The latter half of the 20th century was dominated by the Cold War, the rivalry between the United States and the Soviet Union While the USSR’s collapse brought about a feeling in the United States...
For those hoping for the Federal Reserve to cut interest rates, those cuts don’t seem to be coming any closer Inflation has dropped ever so slightly, to 34% year on year, and the unemployment rate...
One of the problems facing markets today is that many market actors believe that federal policymakers and regulators have the ability to fix the economy They have placed their trust in the Federal...
More than anything else, stagflation defined the 1970s The portmanteau of stagnation and inflation was an economic catastrophe that completely dumbfounded the mainstream economic establishment at the...
Last week’s Federal Open Market Committee didn’t ruffle too many feathers, as the Federal Reserve decided for the sixth straight meeting to hold interest rates steady But while markets and...
Last week another US bank failed, Philadelphia-based Republic First Bank In a swift move, federal regulators announced Friday evening that another regional bank, Fulton Bank, was taking over Republic...
Only about four or five months ago everyone expected that this week would be the week that the Federal Reserve would finally cut interest rates Rates would fall, stock markets would shoot to the sky,...
If you had told someone at the beginning of 2022 that Russia would invade Ukraine, they wouldn’t have believed you The idea that in this day and age any country would just unilaterally attack...
There are three words you’ll never hear come out of the mouth of anyone in a position of power in Washington, DC In fact, these three words are so difficult to say that it’s likely there are more...
While gold started 2024 on a strong note, having hit all-time highs late in 2023, its performance since then has been even more impressive It seems that just about every week there’s something new...
While the Federal Open Market Committee was expected to hold rates steady at last week’s meeting and did so, and while no one expects rates to be cut before June at the earliest, you would think...
As the Federal Open Market Committee meets again this week for its decision on interest rates, its decision is basically a foregone conclusion No one expects the FOMC to cut rates this week, as Wall...
In mid-2007, a unit of Bear Stearns began to experience difficulties due to its exposure to the subprime mortgage market Little did anyone know at the time, but that incident was the canary in the...
For the second month in a row, inflation came in hotter than forecast, with the year on year inflation rate rising to 32%, higher than the 31% that had been forecast Along with that came monthly...
While high-flying stock markets may be getting most of the press recently, gold too is hitting all-time highs, exceeding $2,160 an ounce You may be wondering why both gold and stock markets are...
To say that stock markets have been euphoric in recent weeks is a bit of an understatement Both the Dow Jones Industrial Average and the S&P 500 have hit all-time highs recently, as individuals...
One of the peculiarities of the gold market is that it seems that gold demand rises as the price gets higher, and falls when the price gets lower No one seems to want to buy gold when it’s “on...
While much of the mainstream media has been urging the Fed to declare victory over inflation and just get on with rate cuts already, inflation itself is being stubbornly persistent And two recent...
If you’ve been wondering what’s been going on with the US economy today, you’re not alone On the one hand, we’re being told by the Biden administration that the US economy is the strongest...
As Warren Buffett famously said once, the first rule of investing is never to lose money And the second rule is always to remember the first rule Now obviously that’s easier said than done There...