Texas Bond King was Right on Inflation When the Fed was Wrong. Now He Warns a Recession is Next.
Gilbert Garcia, runs bond fund in Texas on markets, says Fed missed inflation and it’s interest rate increases could lead economy into recession.
Recent
Fed Rate Hikes Are a Response to the 'Politics' of Inflation: BlackRock
BlackRock's Investment Institute warned that Fed rate hikes in face of decades-high inflation poised to stall economic growth w/out solving inflation.
Fed's Powell: Committed to Inflation Fight, Not Trying to Trigger Recession
Federal Reserve is not trying to engineer a recession to stop inflation but is fully committed to bringing prices under control, Jerome Powell said.
Yellen’s Humility on Inflation is Refreshing: Former FDIC Chair
Yellen told Senators that she expects inflation to remain high. It was refreshing to hear her admit she was wrong on earlier inflation prediction.
El-Erian Warns Inflation Has Yet to Peak as Energy Prices Rise
Mohamed El-Erian, who almost a year ago accurately forecast that elevated US inflation would be persistent, says it hasn’t peaked.
‘Train Wreck’ Economy or Red-Hot Inflation Is Big New Bond Call
A wild year on Wall Street has traders fretting one of two extreme scenarios will engulf the $23 trillion Treasury market ahead.
Insurance Industry "No Stranger to Dealing With Inflation"
The insurance industry is “no stranger to dealing with inflationary pressures.” Inflation is running higher than in the economy writ large.
