Why Lael Brainard is Best Qualified to Lead the Fed
Washington’s smart money is betting on Jay Powell’s reappointment. But it’s a close horse race.
Recent
Inflation Poses High Risk for Investment-Grade Bonds, Morgan Stanley Says
With inflation fears rising and interest rates increasingly likely to be hiked soon, investment-grade corporate bonds are at high risk of getting hit.
A New Hurdle for Biden’s Build Back Better Legislation
The Congressional Budget Office will soon publish its analysis of the financial impact of the Build Back Better legislation.
Kashkari Warns Fed Overreaction to Inflation Could Be Harmful
Neel Kashkari said the U.S. central bank shouldn’t overreact to elevated inflation even as it causes pain for Americans.
Cracks Appear in World’s Biggest Bond Market as Fed Pulls Back
The Fed, which has been steadily buying Treasuries since the onset of the pandemic nearly froze trading, is implementing plans to start scaling back.
I Fought the Fed and the Fed won
Investors tempted to challenge U.S. Federal Reserve's narrative on transitory inflation might want to read Russell Clark's final letter to investors.
GOP Billionaire Calls Joe Manchin ‘A Great American’ for Opposing Biden’s Plans
GOP billionaire calls Joe Manchin ‘a great American’ for opposing Biden’s plans to fight climate crisis and tax the wealthy.
