Fed funds rate should be going well above 4% - 4.5%-5% in my view to really push inflation towards 2%”, chairman and CEO of Roubini Macro Assc.
An end to corporate America’s record stock-buying spree is giving equity bulls one more thing to worry about.
Its economy isn't as robust as thought and its housing market is under duress.
The inflation storyline has plenty of political implications these days, especially with midterm elections right around the corner.