Economics Archives - Page 248 of 276

2 minute read

Larry Summers Says Fed Should Stay On Its Course: Pausing Tightening ‘Badly Misguided Advice’

November 1, 10:27 PM

Former Treasury Secretary Lawrence H. Summers has said the growing calls from politicians and economists for the U.S. Federal Reserve to pause its aggressive policy over fears of recession is “badly misguided” advice.

BND

2 minute read

Here’s What Billionaire Investor Leon Cooperman Is Buying As He Anticipates A Recession In 2023

By Adam Eckert

November 1, 1:36 PM

Although the fourth quarter is a historically strong period for the markets, Omega Advisors chairman and CEO Leon Cooperman remained wary.

PRMRF

2 minute read

How The 60/40 Portfolio Stacks Up With The S&P 500

By AJ Fabino

November 1, 12:09 PM

A portfolio consisting of 60% stocks and 40% bonds had a golden age from the 1980s — until recently.The combination offers investors risk-adjusted returns that are frequently on par with, or greater to, those of the benchmark S&P 500 Index.

SPY

1 minute read

Fed Says FOMC Meeting Began At 10:30 a.m. As Scheduled

By Benzinga Newsdesk

November 1, 10:32 AM

- Reuters

SPY

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Larry Summers Says US Facing Complex Challenges: ‘Curbing Inflation Comes First, But We Can’t Stop There’

By Bhavik Nair

October 31, 9:54 PM

Former Treasury Secretary Lawrence H. Summers believes the United States is facing a very complex set of macroeconomic challenges but said the current situation does not include low unemployment and is not as grave as the 2009 financial crisis or inflation during the 1970s.

QQQM

3 minute read

Wall Street Expects Another 0.75% Interest Rate Hike This Week, But Timing Of Fed Pivot Is Key

By Wayne Duggan

October 31, 12:25 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) gave up some of its October gains on Monday morning ahead of a critical Federal Open Market Committee inte

SPY

2 minute read

Find Out Why Roger Ferguson, Former Fed Vice Chairman, Thinks The Market Disconnect Is ‘A Bit Of A Head Scratcher’

By Robert Kuczmarski

October 31, 11:34 AM

Roger Ferguson, former vice chairman of the Federal Reserve and a director on the board of Alphabet (NASDAQ: GOOGL) since June 2016, joined CNBC’s ‘Squawk Box’ earlier Monday to discuss the Fed’s

AAPL

1 minute read

US Chicago PMI Might Improve Slightly To This Level In October, Here Are The Major Macro Issues For Monday

By Lisa Levin

October 31, 4:34 AM

U.S. stocks closed mixed on Friday with the Nasdaq Composite gaining more than 300 points amid gains in Apple Inc. (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) shares.

AAPL

2 minute read

Fidelity Macro Expert Puzzled With Fed’s Extreme Actions: ‘Inflation Will Presumably No Longer Be Clear, Present Danger’

By Bhavik Nair

October 31, 4:21 AM

Jurrien Timmer, the director of global macro in Fidelity's Global Asset Allocation Division, has raised questions on why the U.S. Federal Reserve is committing to an extreme policy when inflation will no longer pose danger.

BND

2 minute read

Paul Krugman Gives Verdict On US Handling Of Pandemic Shock, Inflation Under Biden: ‘Pretty Good Possibility That…’

By Bhavik Nair

October 30, 10:36 PM

Nobel laureate and noted economist Paul Krugman has questioned the prevalent belief that bringing down inflation requires a recession, while stating that America’s handling of the pandemic shock under President Joe Biden will be mostly

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