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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.

Recent

The Retirement Advisor

Could Target-Date Funds Actually Hurt Your Retirement?

For years, target-date funds have been one of the go-to options for retirement investors. The appeal is clear; when you invest in a target date fund.

Crypto4Advisors

Fallen FTX Founder Bankman-Fried Gives Regulators the Middle Finger

Sam Bankman-Fried fires off a missive about financial regulators on Twitter and discusses them with a reporter.

Practice Management

Mortgage Market Upheaval Spurs $17 Billion in Paper Losses for Banks

Rising rates buoy revenue for the country’s largest banks, in the short term they also force them to write down the value of assets they hold.

FundFocus

Cathie Wood Watch: Ark CEO's Crypto Romance Continues

She remains a major cryptocurrency backer, despite bitcoin's 65% plunge this year. It recently traded at $16,624.

  • More Articles

Popular

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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