The classic trade-off between unemployment and inflation isn’t the same due to the Federal Reserve, in Peter Berezin’s view.
Two reports seem to show a cooling economy, with the Fed backing off.
Casting aside budget hawks’ concerns and inflation upticks, the firm applauds the industrial policy under the Biden Administration.
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
More housing price increases might squelch the conventional wisdom that July’s hike will be the last, some strategists say.
But the institutional investors revamped their approach to the asset class after it failed to protect them when equities tanked in 2022.
No additional rate hikes, one more, two more? Strategists ponder what comes next after the CPI news.
Perhaps the 2020 downturn was just Part 1, BCA Research warns.
The firm advises lowering exposure to stocks in preparation for a recession finally rolling in.
Mission accomplished: Tightening probably won’t continue at the central bank’s meeting next week, says economist Ian Shepherdson.
Former Fed chief puts a number on the level of employment-related pain needed to hit price-rise target.
The metal’s price is way up, but it tanked after the resolution of the 2011 federal default crisis and could face further volatility this year.
After a punishing 2022 ended on a slight upswing, allocators posted a 4.1% increase in this year’s first period, per a Northern Trust study.