It is often reported that Einstein may have referred to compound interest as “the most powerful force in the universe” and “the eighth wonder of the world.” And
The Markets
Markets were gripped by August jitters.
Last week, financial markets were volatile. The CBOE Volatility Index (VIX), which is known as Wall Street
The Markets
Will deflation continue?
In May, Pew Research asked Americans about the biggest problems facing our nation. The top three answers were:
- Inflati
The Markets
Despite some volatility, stock markets have been buoyant in 2024.
Enthusiasm for artificial intelligence (AI), optimism about inflation, and
Perhaps we should call this a pushmi-pullyu market.
The first quarter of 2023 brought Dr. Dolittle’s pushmi-pullyu – the rarest animal of all – to mind. It is
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Unknowns and uncertainty.
Financial markets were volatile last week as investors parsed the risks around bank closures, central banks offered additional
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Thrown for a loop.
Early last week, Federal Reserve Chair Jerome Powell told Congress the Fed is committed to bringing inflation down to 2 percent. If economic
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Sibling discord.
Stocks and bonds are two of the better-known asset classes in the family of potential investments. Last week, they were in opposition.
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Is it good news or bad news?
The answer depends on your perspective. Last week, we learned that:
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Brace for a bumpy ride.
There were some unwelcome surprises in last week’s economic data that caused markets to reassess expectations for 2023. For example:
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This time may be different...or it may not be.
There has been a lot of speculation about how the Federal Reserve’s policies will affect the United States
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What do Samuel Clemens (a.k.a. Mark Twain) and the current economic expansion have in common?
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