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Treasury Official: The Fed Can Cut Rates Next Year, Even in the Face of Strong Growth

by The Wealth Advisor Contributor
Trump admin said it expects economy to grow at pace of 3% and that the Federal Reserve can continue to lower interest rates in that environment.

Featured

Carvana, Robinhood, Coinbase: How 3 of the Market's Biggest 2022 Losers Ended Up in the S&P 500 This Year

Few stock market turnarounds are as dramatic as Carvana. The online used car retailer nearly unraveled in 2022 but rebounded from the brink.

Airlines Cancel More Than 1,200 Flights Ahead of Winter Storm. Here’s What to Know

Airlines canceled more than 1,200 U.S. flights on Friday ahead of a major winter storm that will put carriers to the test.

Vanguard Flips The Script On 60/40 Investment Strategy

Vanguard’s new advice is for investors with a "medium-term" outlook, and it stems from growing fears about an AI bubble.

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Advisor Wellness

‘Would you risk your life for a jar of marmalade?’ My coronavirus survival guide to navigating grocery stores safely

‘When I hear an ambulance, I wonder if there’s a coronavirus patient inside. Are there more 911 calls, or do I notice every distant siren?’

Advisor Wellness

Fauci: “I don’t think we should ever shake hands ever again”

Infectious-disease expert says no handshakes would cut transmission of coronavirus, and flu too. 

Advisor Wellness

Doctors embrace drug touted by Trump for COVID-19, without hard evidence it works

The decades-old drug Trump promotes as a potential weapon against COVID-19 has become a standard of care in US areas hit hard by the pandemic.

News

Bill Gross’s Backfiring Trade Finally Pays Off in Coronavirus QE

The trade that famously bedeviled Bill Gross in 2018 is finally coming good this year.

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The Trust Advisor

Shannen Doherty’s Estate Claims Her Ex-Husband Owes Money After Refusing To Sell $1.5 Million Texas Home

Companies

Asset Manager Janus Henderson Gets Bought By Trian, General Catalyst For $7.4 Billion

The Trust Advisor

How The ‘Slayer Rule’ Might Play A Role In Determining Who Will Inherit Wealth From Rob Reiner And His Wife

Washington Wire

Fed Should Lower Rates If the Market Does Well, Trump Says

FundFocus

Bitcoin’s Underperformance Fuels “Endgame” Fears Amid Gold’s Record Run

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