Look for Another Hawkish Jackson Hole Blast from Powell
The Fed chair, in a Wednesday speech at Brookings, is expected to drive home once again that the central bank is going to continue its relentless tightening.
The Fed chair, in a Wednesday speech at Brookings, is expected to drive home once again that the central bank is going to continue its relentless tightening.
The economic and investing impact on China should be small, the firm expects. Hopefully with no Tiananmen Square rerun.
Historically, bad news and painful slumps like today’s inspire blah predictions. Funny thing how wrong they’ve been.
Thursday’s enormous market runup assumes that inflation is on a downtrend. What if that isn’t so?
Despite Fed uneasiness, higher pay isn’t really pushing inflation, per the firm’s David Kelly.
The easy answer is a rebounding economy. But that’s not the sole factor, a Northern Trust Asset Management study finds.
The futures market expects raises Wednesday and next month, maybe reaching a peak.