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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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Commentaries

Blankfein: I'd Rather Vote For Trump

The former Goldman Sachs CEO who donated to Hillary Clinton in 2016, dropped the ultimate bomb: the lifelong Democrat cares more about the economy.

Commentaries

Leon Cooperman Says ‘Communist’ Bernie Sanders Is A ‘Bigger Threat’ Than Coronavirus

While he views a Sanders presidency as a big headwind to markets in the long term, Cooperman sees coronavirus getting resolved in the next few months.

News

Fed's Bostic says coronavirus will likely be 'short-time hit' to economy

"I think this is going to be like a short-time hit," Bostic said in an interview on CNBC.

News

Is It Just A Myth That Real Estate Is A Better Investment Than Stocks?

Owning real estate can pay off, but to say it’s unequivocally a better investment than putting money in the financial markets is short-sighted.

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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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