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How high will they go?
Just as the market anticipated, the Federal Reserve Open Market Committee (FOMC) chose not to raise interest rates last week.…
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Adding new ingredients to the economic blender.
The performance of United States economy in 2023 has been as unexpected as a lentil-avocado-cinnamon smoothie – a tasty surprise.…
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All the work, work, work.
2023 has been a remarkable year so far. It has, “confounded economists, humbled forecasters, and rewarded investors. Despite a rapid…
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Lowering inflation.
If you’ve ever waited in traffic while the center section of a bridge lifts to allow ships and sailboats to…
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Becalmed.
The Chinese government’s zero-COVID policy took the wind from the sails of its economy. When the government finally ended the…
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Higher bond yields may be good for income investors – and not so good for stock markets.
After more than a decade of near-zero interest rates, the “free money” era – a time when people and businesses…
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Consumer sentiment is a lagging indicator. It’s also a contrarian indicator.
After rising sharply in June and July, consumer sentiment leveled off this month. The preliminary August reading for the University…
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An unwelcome surprise.
Last week, Fitch Ratings startled markets by lowering the credit rating of United States Treasuries from AAA to AA+. It…
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Central bank palooza!
While music lovers attended concerts and festivals across the United States, central banks had a lollapalooza of their own. The…
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Better than expected.
In January of this year, the Bloomberg’s MLIV Pulse survey collected and shared investors’ expectations for stock markets. Survey participants…
