The Fed’s Destructive Guessing Game

The Fed’s Destructive Guessing Game

As expected, the Federal Reserve raised interest rates by half a point yesterday. It was...

Fed's New Inflation Index Shows Rent Slowing Sharply, Setting Stage For Fed Pivot

There are two things that need to happen for the Fed to stop hiking and...

S&P 500 Facing a Historical Warning Sign After This Year's Slump

Consecutive down years are rare for US stocks, so after this year’s drop, there’s only...

Conference Board Confidence Surged In December, Inflation Expectations Tumbled

Analysts expected The Conference Board’s Confidence survey to improve marginally in December with the present...

Time to Get Out of Dodge?

In my analysis, this is a fatally flawed misreading of structural trends and cycles....

Fed Tightening Reduces Horrendous Wealth Disparity that QE and Interest Rate Repression Have Wrought: Fed Data

The vast wealth of the top 1% households declined, the minuscule “wealth” of the bottom...

Dealmaking Slips by Almost a Third in 2022 Marked by Volatility, Inflation

Stubbornly high inflation, soaring borrowing costs and geopolitical uncertainty hindered dealmaking in 2022, sending global...

Oil Rises Again on US Stockpile Decline and Broad Market Gains

Oil rose for a third day after a report showed a drop in US crude...

Big Changes to the Retirement System Are Included in Congress’s End-Of-Year Bill

These include increasing the age for required minimum distributions from retirement plans to pushing businesses...

Recession, Rate Hikes Seen Jamming Brakes on Global 2023 Earnings Growth

Corporate earnings growth is expected to slow in the year ahead in many countries as...

Goldman Says BOJ Could Remove Negative Interest Rate

The Bank of Japan’s next move could be removing the negative interest rate after its...

BOJ Credibility Questioned as Traders Test Kuroda’s New Red Line

Bank of Japan Governor Haruhiko Kuroda is facing mounting criticism over his latest shock policy...

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