When will Fed meetings be held in 2023? Photographer: Al Drago/Bloomberg © 2022 Bloomberg Finance LP The U.S. Federal Reserve (Fed) will meet to set interest rates eight times in 2023. We know the schedule. The main question will be how the Fed handles the transition to to an expected pause in rates. Interest rate…
| Getty Images Key Takeaways Bank CDs offer a fixed interest rate for a stated period of time, without the market risk of losing the principal. While yields have been low for some time, they have been increasing as the Federal Reserve raises interest rates. Using a CD ladder is a solution to overcoming many…
It is well understood by now that the pandemic had adverse effects on mental health, particularly for school aged children. But officials have noted that isolated elders suffered tremendously as well. Our elders are the most vulnerable to Covid, and had to stay away from those they love because of the risk of life-threatening infection.…
Fed Tightening Cycle Over Past 40 Years Haver Analytics, Rosenberg Research The CPI came in at +0.4% M/M for October, much better than the +0.6% consensus estimate, and the Y/Y number, a favorite of the Fed, fell to 7.7% from 8.2%. The financial markets rejoiced. The tech heavy indexes, which had been hit hardest in…
Crypto insiders paint a picture of a charismatic tech founder who became the darling of high-powered investors, even as he was brazen about his cryptocurrency exchange’s shaky business model and kept the books closed to all but a few confidants. Well before the catastrophic collapse of his FTX cryptocurrency exchange, Sam Bankman-Fried told everyone what…
The U.S. Capitol is seen at dusk, January 21, 2018 in Washington, D.C. (Photo by Drew Angerer/Getty … [+] Images) Getty Images It takes two days to settle a trade in 2022. It takes two weeks (or more) to settle an election. As the country and market waits for the topline results of the midterms,…
Topline Investors plowed into the stock market this week after a monthly inflation report ended a streak of worse-than-expected data this year, fueling the biggest rally in years on hopes the Federal Reserve may be nearing the end of its interest rate hikes, but analysts and some officials have quickly pointed out the economy remains…
| Getty Images Key Takeaways When consumers spend less, profit slows, forcing businesses to cut costs and assume a more defensive stance. For some industries, consumers will continue to spend, which means the businesses are not harmed by the recession. Investors need to look into the industries that provide goods and services people need to…
| Getty Images Key Takeaways Transitory inflation tends to be short-lived and circumstantial, while entrenched inflation tends to stick around even after the immediate problems that spurred it on have resolved. Examples of transitory inflation include the inflationary periods during and immediately following both World Wars, while an example of entrenched inflation is the entire…
BRAZIL – 2020/06/16: In this photo illustration the Juniper Networks logo seen displayed on a … [+] smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Juniper Networks Inc. (NYSE: JNPR) stock price gained 33% from $22.51 at 2020 end to around $30 currently, primarily due to favorable changes…