Economic Anxieties Subside Markets settled down in Japan, and the latest economic reports in the U.S. aren’t signaling that the economy is headed for an imminent recession. These factors sparked a strong rally in U.S. stocks last week. Led by a 3.6% rise in auto...
A Rollercoaster and the Carry Trade Ask the average investor what inflation or unemployment is, and they can probably give you a good working definition. Ask them about the ‘carry trade,’ and you’ll likely get a blank stare. Even the term itself isn’t intuitive. But a...
A September Rate Cut is on the Table, Softer Economic Data Raises Worries As expected, the Federal Reserve kept its key rate, the fed funds rate, unchanged at 5.25 – 5.50%. After holding the fed funds rate steady for a year, Fed Chief Jay Powell twice-mentioned that a...
