Jun 5, 2022 | Investments
Persistent inflation, another Fed policy mistake, and recession fears have unnerved investors. It has been several decades since the stock market has had such a long streak of heavy losses. US stocks continue to be vulnerable to further losses until the Fed indicates...
May 22, 2022 | Investments
The U.S. economy could be heading for a recession in the next year, according to growing warnings from banks and economists, as a sudden bout of pessimism hammered financial markets this week. Of note was comments from Fed Chair Jay Powell earlier this week, that...
May 15, 2022 | Investments
The good news is that inflation in April fell to 8.3% from 8.5% in March. The bad news is that it still stayed above 8%. The task at hand, for the Fed, is to bring inflation down to its 2% target without pushing the economy into a recession. It gives us no comfort...
Apr 24, 2022 | Investments
The Dow Jones average suffered its worst beating since October 2020 on Friday, capping a fourth straight weekly decline on the news that the Federal Reserve will raise interest rates by at least a half point at its meeting next month. The Fed’s hawkish...
Apr 3, 2022 | Investments
Last year was the most profitable for American corporations since 1950. Profits surged 35%, driven by strong household demand and the passing of price hikes on to consumers. While American workers are getting pay bumps, consumer prices are rising more than average...
Feb 20, 2022 | Investments
Cathie Wood’s flagship fund – ARK Innovation ETF, is down 30% year to date. When Wood was invited on CNBC earlier this week, she took it as an opportunity to defend the fund by saying some of her investments are onto innovations seen once in a century....
