Inverted Yield Curve Puzzle: Higher Short-Term Yields
In this week’s recession scare, everyone focuses on the 10-year Treasury. But why are yields on T-bills for 12 months and below so high?
Market Moves
Warren Buffett Slams Modern Monetary Theory
Legendary investor thinks calling for huge federal deficits risks bad inflation.
Hey, Maybe the Fed Should Cut Interest Rates
Some financial pros think the central bank has gone too far in its tightening campaign, and should reverse course, not just stand pat.
The Betting on the Fed This Week
An end to its rate raising and bond buying may be at hand, forecasters say.
Earnings Recession Ahead: Maybe Not
Analysts’ consensus is for a drop in first quarter profits, but a tepid recovery for the rest of 2019.
Productivity May Finally Be on the Rise, Economist Says
Tech advances like AI, plus Fed restraint, may at last lift it out of the doldrums, Natixis’ Lavorgna believes.
Value-Growth Gap Widest in 70 Years, Study Says
AB Bernstein says this means now is a great time to buy cheap stocks, awaiting their time to romp.
3 Changes in American Investing that the Crisis Brought
The financial meltdown 10 years ago had long-lasting effects that aren’t going away.
Who Smashed the Up Ramp to the American Dream? Wall Street
So says a new poll searching for why upward mobility is tougher to achieve.
Commodities Are Past the Worst, But Don’t Rejoice Yet
While raw materials are no longer slumping, Goldman isn’t that impressed.
Dow Soars Aloft on Boeing’s Wings: A Good Thing?
Venerable price-measured index benefits from good news for aerospace giant and its soaring stock.
Bill Gross Says He Has Asperger’s and Adopts Liberal Economics Line
The erstwhile Bond King reveals surprises as he heads for retirement.
Dalio Backs Off of Recession Prediction
Bridgewater titan’s forecast shows less doom and gloom than before, although some concern remains.
Soooo, Will the Stock Rally Keep Going, and for How Long?
With 90% of S&P 500 stocks above their 50-day moving average, look for at least another good six months, LPL’s Detrick says.
Watch Out for This Recession Signal: a Tiny Unemployment Hike
If the jobless rate climbs by 0.5 point, history shows that an economic slump is coming, Natixis’ Lavorgna warns.