Kudlow Says President Doesn't Make Things Up, Gets Slammed On The Dollar
However, Kudlow then promptly had to reverse himself as President Donald Trump said he had not ruled out measures to counter the dollar’s strength.
Recent
GDP Report Gives the Fed Two Problems
A relaxed Fed is welcome. But now that markets are positioned for multiple rate cuts, a signal that Powell is moving toward neutral is not welcome.
Strong Dollar Good for U.S. Economy Over Long Term, Mnuchin Says
Treasury Secretary Steven Mnuchin said a strong dollar is good for the U.S. economy in the long term and that he wouldn’t advocate for a weak dollar.
Goldman: The Market Has Peaked (For Now)
“The S&P 500 index trades near fair value relative to interest rates,” the Goldman strategists wrote. It’s also appropriate relative to profitability.
Are We *Sure* We Need This Rate Cut?
What’s wrong with a 50 basis-point interest-rate cut? Mohamed El-Arian says any time you give the markets an inch, they'll demand a mile.
Gundlach Should Be Happy: Fed Balance Sheet Now Stuck At $3.8 Trillion
The drop in yields at the end of 2018 spurred investors such as DoubleLine CEO Jeffrey Gundlach to blame the Fed's balance sheet unwind. No more.
Recession Forecasts Are So Bad, They're Good
What if economists are so bad at predicting recessions that they’re actually good? What if consistently getting it wrong provides a service?
