Featured
Congress On Track To Avoid Shutdown And Soften Trump Spending Cuts
The US Congress is set to avoid another government shutdown later this month by passing compromise bills.
Fed Faces ‘Trilemma’ Of How Big Its Balance Sheet Should Be
The Federal Reserve has to grapple with the question of how big its balance sheet should be after it stopped shrinking its $6.5 trillion portfolio.
Recent
Ray Dalio No Longer Thinks ‘Cash Is Trash’
Ray Dalio no longer thinks “cash is trash” and that the short-term interest rate is “now about right.”
Wall Street Capitulation Calls Get Ever Harder as Stocks Bounce
With almost everyone cashing out lately, it didn’t take much to drive the 2.6% gain in the S&P 500 in an everything-rally.
Is Credit Suisse the 2022 Lehman Brothers?
The Swiss bank's difficulties raise fears of a shockwave comparable to the one that gripped the markets in September 2008.
Valerie Bertinelli & Tom Vitale Settle Divorce After Spousal Support Demands
Despite a prenup, Tom argued he was entitled to $50,000/month in spousal support. The former couple have reached a settlement.