Illustration by Risto Avramovski Text size About the Author: Pierre Cramer is Senior Managing Director and Senior Portfolio Manager, Insurance Asset Management at SLC management. This comment reflects his personal opinions. The trajectory of risky assets in 2023 depends on how far the Federal Reserve is willing to go with its interest rate hikes to …
The threat of runaway inflation is still relevant Read More »
US households lost an estimated $6.8 trillion in wealth in the first three quarters of 2022 as the SPX stock market, -0.73% DJIA, -0.90% COMP, -0.70% has lost more than 25% of its value, the Federal Reserve reported Friday in the government’s quarterly financial accounts. Nominal net worth fell 4.6% to $143.3 trillion, as the …
Opinion: Household wealth plummets by $13.5 trillion, second-worst drop on record Read More »
Text size The towers of the Linden gas-fired combined heat and power plant, also known as ‘Three Warm Brothers’, in Hannover, Germany. A European Union ban on Russian oil imports by sea went into effect on Monday. Krisztian Bocsi/Bloomberg About the Author: Abishur Prakash is co-founder and geopolitical futurist of the Center for Innovating the …
Text size Police officers stand guard during a protest in Beijing, China, early Monday, November 28, 2022. Recent developments have not reduced the risks investors face from authoritarianism, writes Perth Tolle. Bloomberg About the Author: Perth Outcry is the founder of Life + Liberty Indexes and creator of the FRDM index. Last week we witnessed …
China’s protests are new. Investment risks are not. Read More »
Text size Police officers stand guard during a protest in Beijing, China, early Monday, November 28, 2022. Recent developments have not reduced the risks investors face from authoritarianism, writes Perth Tolle. Bloomberg About the Author: Perth Outcry is the founder of Life + Liberty Indexes and creator of the FRDM index. Last week we witnessed …
China’s protests are new. Investment risks are not. Read More »
Small-cap stocks are trading near a two-decade low against large-cap stocks. When the stock market rebounds next year, as many investment banking strategists expect, these smaller companies could outperform. Below is a screen of analyst favorite small cap stocks for 2023, taken from the S&P Small Cap 600 SML Index, that requires businesses to be …
OK, so a million dollars isn’t what it used to be. That’s the worry of a surprising number of American millionaires. At least that’s what fund management giant Natixis, which owns bond boutique Loomis Sayles, among other companies, reports. Natixis surveyed around 1,600 people with at least $1 million in “investable assets”. And just over …
Can you still retire with $1 million? That’s what today’s millionaires want to know. Read More »
Wake up, America. That ticking you hear is the US debt time bomb that with each passing day is about to explode and crash the US economy. Businesses, consumers, and especially federal and state governments have become addicted to red ink as if it were crack. Two factors fueled this borrowing frenzy: an era of …
America’s ticking time bomb: $66 trillion in debt that could bring down the economy Read More »
Text size Consumer dissatisfaction is worse among households earning less than $50,000 a year, writes Dana M. Peterson. Frederic J. Brown/AFP/Getty Images About the Author: Dana M. Peterson is chief economist at the Conference Board. Consumers sense that a recession is imminent and are beginning to behave accordingly. They become more and more unhappy by …
Consumers are starting to act as if recession is imminent Read More »
About the Author: Joe Sullivan is a Senior Advisor to the Lindsey Group. He served from 2017 to 2019 as Special Advisor to the Chairman of the White House Council of Economic Advisers. His opinions do not necessarily represent those of his employer. Federal Reserve Vice Chairman Lael Brainard spotted something “very unusual” in the …
The US labor market is leaning toward scarcity. The Fed cannot change that. Read More »
