
There’s something of a ritual performed each time Federal Reserve Chair Jerome Powell speaks to the press: A reporter asks Powell about financial conditions; he says they’ve tightened a lot; the Wall Street crowd snickers.
There’s something of a ritual performed each time Federal Reserve Chair Jerome Powell speaks to the press: A reporter asks Powell about financial conditions; he says they’ve tightened a lot; the Wall Street crowd snickers.
Inflation at the wholesale level rose faster than expected in January as stubbornly high producer prices persist, the Labor Department said Thursday.
If you think the Federal Reserve wouldn’t dare keep interest rates high and risk throwing the U.S. economy into recession, Keith McCullough would like to have a chat with you. He’s convinced that 2023 will bring a U.S. corporate profit recession and a credit crunch as businesses struggle to obtain financing and pay down debt. Like many market analysts, the CEO of Hedgeye Risk Management spent much of 2022 criticizing the U.S. central bank for allowing inflation to get out of hand, and then
Morgan Stanley analyst Michael Wilson sees the bear market ending later this year as inflation fades and the Fed pauses its interest rate-hike campaign.
Dallas, TX
American Network of Financial Education (ANOFE) was formed in 2020 in response to the Coronavirus that limited many pre-retires and retired persons from receiving timely and accurate information and education regarding retirement and income planning. Our experienced independent investment advisors and local licensed providers provide ongoing educational training workshops for our members, clients and their families.