Fed Chair Jerome Powell did a rare interview on “Today.” While his appearance was alarming in itself, the Federal Reserve Chair’s conflicting messages sent a worrisome signal about the economy. If there’s “nothing fundamentally wrong with our economy,” why is the Fed pumping $4 trillion into it in one fell swoop? Fed Chair Jerome Powell…
Ballooning government, corporate and private debt across the world will make an upcoming bear market more painful. Stretched valuations in the market point to an upcoming pullback. Geopolitical tension is looming like a dark cloud over the mark. Warnings that a US stock market crash is on the horizon are in no shortage. Despite that,…
The average American has to work harder than ever to own a share in the S&P 500 Index. Americans are straddled with debt, making it a lot harder for younger people to invest in their future. This is just another indication that inflation poses a real threat to wealth accumulation in the next decade. Here’s…
Source: AP Photo/Richard DrewU.S. government debt yields rose on Monday, extending their recent string of gains after Treasury Secretary Steven Mnuchin provided a sense of optimism toward upcoming China trade talks.Despite the rally, investors shouldn’t get too excited about a sustained rise in bond yields given the current state of play in global finance.Treasury Yields…
