All eyes will be on the results of the Federal Reserve meeting on Wednesday when it announces how much it’s going to raise short-term rates, its new projections for the economy and short-term rates for the next few years, as well as Chairman Powell’s press conference....
JP Morgan CEO Jamie Dimon caused a stir lately when he talked about a “hurricane” hitting the US economy. We think he may eventually be right, but is way too early. The employment report for May confirmed that the US economy continues to grow. Both major measures of...
No one can say that the Federal Reserve can’t do the impossible. At long last observers from across the political spectrum agree on one thing – that Jerome Powell and the Fed are well behind the inflation curve and have a lot of catching up to do. These days, that’s...
When interest rates go up, many analysts start to worry about recessions. That’s not wrong to do, after all Federal Reserve rate cycles are important. Lately, the market has settled on expectations for a total of about 2.25% or more of interest rate hikes this year....
Many analysts were disappointed by last Friday’s job report for December, but we think the headline masks an overall report that shows continued improvement in the labor market and a possible surge in small business start-ups and entrepreneurship. Nonfarm payrolls...
