After pushing short-term rates higher three times in 15 months, the Fed is shifting its aim. Mortgage borrowers take note.
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Tantrum-Free Tapering
Tag Archives: Economics
A Deficit In Understanding Trade
Despite contrary political rhetoric, a trade deficit does not necessarily mean a nation is “losing” in international commerce.
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A Lull In The War On Savers
Savers are still losing ground against inflation, but they at least can look ahead to possibly better times.
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CalPERS Deflates Its Expectations
California’s state pension system corrects its estimate of investment returns — but it’s probably still wrong.
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Corporate Welfare Doesn’t Pay
President-elect Trump’s deal with Carrier Corp. keeps 1,000 jobs in Indiana – but for how long, and at what cost?
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Hard Times In The Penthouse
What does the softening market for super-expensive homes in major cities mean for the rest of us? Probably not much.
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The Yuan Stops Over There
Just months after being named a reserve currency, China’s yuan is being restricted as if to prove that designation was premature.
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The Fed Faces The Donald
Will Trump’s election dissuade the Federal Reserve from raising rates next month? Don’t bet on it.
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Heading For The Nearest Brexit
Impending talks over Britain’s departure from the EU seem likely to be tough – so things are looking up for Britain.
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The Calm Amid The Storms
An eerie calm in financial markets unnerved investors amid this year’s political turmoil. This week finally brought a jolt.
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