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A single word has garnered a ton of attention lately: “transitory.” It’s how the Federal Reserve characterizes rising asset prices in industries across the board. But not all economists agree...
Here’s a sad fact: According to the Federal Reserve, one in four Americans has nothing saved for retirement — zilch, zip, nada. It’s another bad situation made worse by the coronavirus pandemic...
Remember the “Powell Pivot,” the recent move by the Federal Reserve I said not to worry about? Well, it sure slipped Wall Street’s mind. Stocks got over it quickly, with both the S&P 500 Index...
Inflation concerns? Put them to rest. According to Jon Markman, senior analyst and editor of Jon Markman’s Pivotal Point, “2021 could go down as one of the best years for the stock market in...
Everything that seemed to be driving stock prices a month ago has been flipped upside down. Tech is cool again. The tech-heavy Nasdaq Composite is slightly down this week, but it’s still very...
Is it time to start thinking about buying fewer Treasurys and mortgage bonds? Or raising interest rates at some point during the Biden administration’s first term? Wall Street anxiously awaits...
Editor’s Note: Financial Anchor Jessica Borg is working on a longer-term assignment this week. She’ll be back with another great interview next Sunday. Milton Friedman famously said,...
The market has been behaving oddly recently. Cyclical issues were leading by a wide margin until last Friday, when the latest nonfarm payroll data came in weaker than expected. Since then, bond...
You have to invest for the market environment you have, not the one you want. Among all the investment lessons I’ve shared over the years, I think that may be the most important. Today, I want...
The data is undeniable: With newly released statistics from the federal government, it’s clear that inflation is a here-and-now market force. The question is, how long will it stick around? The...