Fed's Goolsbee: 'It Makes Sense To Wait' Before Cutting Rates
Chicago Fed president Austan Goolsbee said Friday that "progress on inflation has stalled" and that "it makes sense to wait" before cutting rates.
The Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an Alternative
The Fed is stuck in a mode of forecasting and public communication that looks increasingly limited, as the economy keeps delivering surprises.
The Downturn in the Stock Market Likely Drawing to a Close: Fundstrat Says
The recent multi-week downturn in the stock market, initiated at the beginning of the month, is drawing to a close, according to Tom Lee of Fundstrat.
Profit Momentum of Big Six Tech Companies to 'Collapse' Over 2024, UBS Says
Profit growth momentum of the so-called Big Six technology stocks could "collapse" over the next few quarters, UBS Global Research strategists said.
Ray Dalio’s Famous Trade Is Sputtering and Investors Are Bailing
Give us your money, executives at Ray Dalio’s Bridgewater Associates and other hedge funds said, and we’ll funnel it into a money-minting sure-thing.