by Daniel White | Dec 11, 2023 | Economy
December 11, 2023 The Federal Reserve isn’t trying to ruin the economy with its efforts. Still, it’s not willing to ease up on interest rates just yet. Fed chair Jerome Powell is more focused on the labor market than inflation at this point. He said he’s...
by Daniel White | Dec 4, 2023 | Economy
December 04, 2023 Although momentum seems to be in equities investors’ favor, the Federal Reserve isn’t budging on interest rates. Instead of easing credit availability, the central bank is holding strong at its tightest policy rate in quite a while. The Fed...
by Daniel White | Nov 27, 2023 | Economy
Monday, November 27, 2023 The inverted yield curve is starting to resemble the tale of “The Boy Who Cried Wolf.” The yield curve is the difference between long- and short-term interest rates, often the 10-year and three-month U.S. Treasury yields. Normally, long-term...
by Daniel White | Nov 20, 2023 | Economy
Monday, November 20, 2023 According to investing legend Bill Gross, who’s best known for founding asset management firm Pacific Investment Management Co. or PIMCO in 1971, many successful investors have been more lucky than good. He even said he wouldn’t have...
by Daniel White | Nov 13, 2023 | Economy
Monday, November 13, 2023 When it comes to the U.S. economy, it’s like we see one thing and hear another. For example, despite all sorts of concerning red flags, major institutions like Bank of America and the Federal Reserve are erasing recession from their...
