by Nick Vecore | Dec 26, 2023 | Economy
December 26, 2023 Everyone from the government to everyday Americans seem to be spending like there’s no tomorrow. It’s led to annualized gross domestic product growth of 4.9% for the third quarter. There’s a problem though: the finances to back up the spending aren’t...
by Daniel White | Dec 18, 2023 | Economy
December 18, 2023 It’s a bad time to need money. Case in point: for the second year in a row, high-yield bond issuances are falling. In 2022, issuances fell by more than $280 billion, or 12% of the total market size. This year they’re set for another 10%...
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...
