Goolsbee Says Fed Risks ‘Golden Path’ If It Doesn’t Cut Soon
Fed Reserve Bank of Chicago President Austan Goolsbee suggested the central bank may need to lower borrowing costs soon to avoid labor downturn.
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Big Bond Bet Favored by Citi, JPMorgan Gets Boost Before CPI
The bond trade that some of Wall Street’s biggest banks say will dominate the rest of 2024 is gaining steam.
Veteran Fund Manager Sees World of Pain Coming for Stocks
Stocks have hit the jackpot over the past two years, with the S&P 500 index soaring 44%. It has hit multiple record highs this year.
When The Stock Market Bubble Bursts The S&P Could Plummet 50 Percent
The S&P 500 could plummet by 50% when the stock-market bubble bursts and the US economy slides into recession, Paul Dietrich warns.
Higher Interest Rates Are Likely This Year
Higher interest rates are a likely prospect this year due to the risk of an inflationary rebound, according to Rob Arnott.
US Dollar's Dominance Secure, BRICS See No Progress On De-Dollarization -Report
The U.S. dollar remains the world's primary reserve currency, and neither the euro nor BRICS countries have been able to reduce global reliance on it.
Bank of America Reports The Cardboard Box Recession is Ending
Packaging prices are set to rebound, ending America's cardboard box recession, Bank of America reports.
