Tag: federalreserve
After the Fed’s comments, grab these CD rates while you still can
Higher interest rates have made borrowers scream for the past three years, but they’ve been pretty good for savers. Retirees, and others who need income [Read more about this post…]
Opinion: 5 real risks that could crush stocks in 2024 — and why they won’t
As U.S. stocks flirt with new highs and recession seems less and less likely, the hard-core stock-market bears continue to predict an array of market-tanking [Read more about this post…]
Opinion: Recession was inevitable, economists said. Here’s why they were wrong.
In an August 2022 CNBC interview, Steve H. Hanke, a Johns Hopkins University economics professor, predicted: “We’re going to have one whopper of a recession [Read more about this post…]
Fed’s Bowman talks up compromise as comments on bank capital requirements roll in
Fed governor Michelle W. Bowman on Wednesday struck a hopeful tone about middle ground regarding a controversial proposal to boost capital requirements for banks, a [Read more about this post…]
Opinion: ‘Dr. Doom’ Nouriel Roubini: ‘Worst-case scenarios appear to be the least likely.’ For now.
Around this time a year ago, about 85% of economists and market analysts — including me — expected that the U.S. and global economy would [Read more about this post…]
‘Damage has been done.’ Why economist Galbraith says the Fed should cut rates.
James Galbraith, the son of famed American economist John Kenneth Galbraith — who was a close adviser to U.S. President John Kennedy — has carved [Read more about this post…]
Opinion: U.S. banks are gaining in Europe and their stocks top European and U.K. rivals
It has now been more than 15 years since the white heat of the global financial crisis, when Lehman Brothers, Bear Stearns, and the Royal [Read more about this post…]
Opinion: What to expect after the Santa Claus rally
“An economic ‘soft landing’ appears to be in the cards.” The U.S. stock market’s year-end rally looks intact. Lately I have been focused on equity [Read more about this post…]
Opinion: With inflation staying higher for longer, stocks are best for retirement savings
We have many reasons to believe U.S. inflation will remain elevated for several more years, and stocks may be your best option for long-term savings. [Read more about this post…]
