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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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America’s 10 Richest People Are $14 Billion Poorer As Stock Market Has Its Worst Day In Almost Two Months

U.S. stock market indices plunged on Monday amid a resurgence in coronavirus cases, causing America’s ten richest people to shed billions.

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JPMorgan Sees S&P at 3,900 If Trump Wins Election: Taking Stock

One estimate from JPMorgan Chase & Co.’s chief equity strategist puts U.S. stocks in for a double-digit advance if Donald Trump keeps his office.

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Wall Street banks and their staff are leaning left

Wall Street banks and their employees have been leaning left in recent years, increasing the proportion of cash allocated to Democrats.

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Gary Cohn wants $1 trillion to save the U.S. economy

Cohn says the government must spend $1 trillion now to rebuild the country’s infrastructure and save small businesses from coronavirus-related failure

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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

Washington Wire

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

The Trust Advisor

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

FundFocus

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

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