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Hassett Says Trump Can Offer Fed Advice But Won’t Set Its Action
Kevin Hassett said if picked to lead the Fed the central bank’s interest rate decisions would remain independent regardless.
Last Time Strategists Were This Bullish, European Stocks Tanked
For the first time in eight years, market forecasters are making a bold call on Europe: not a single strategist predicts a significant decline in 2026
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Troubled China Shadow Bank Zhongzhi Files for Bankruptcy
Chinese shadow banking giant Zhongzhi Enterprise Group Co. filed for bankruptcy, cementing rapid fall of a firm that oversaw more than $140B at peak.
Citi Strategists Say Buy Dips, Don’t Chase Stock Rallies in 2024
Citigroup Inc. strategists say buy at times of weakness and don’t chase rallies. There’s no room for double-digit gains again.
Crypto World is Ready to Take Bitcoin ETFs to the Masses
The crypto world is ready to take bitcoin ETFs to the masses. It needs the blessing of a longtime foe first.
Fed Rate Cuts Come Too Late to Avert a Fresh Wave of US Bank Failures
Emergency lending by the US federal authorities has bathed America’s struggling regional banks in short-term liquidity.