After years of being left to do their own thing, markets are back at the mercy of politicians. John Stepek explains why politics matters again, and what you must do.
Despite poor jobs data for August, US stocks ticked up anyway, as the news means that the US Federal Reserve is highly unlikely to raise interest rates until December at the earliest.
The US cheese mountain has hit a 30-year high, with a billion pounds of excess cheese locked away in cold storage.
The US should be on the brink of a new recession if history is any guide. But we shouldn’t be too quick jump to conclusions.
When the US Treasury considered zero-coupon perpetual bonds years ago, it was greeted as a joke. Not now, says Edward Chancellor.
Jobs growth in the US can’t carry on at the current rapid rate without a rise in wages – and inflation.
The popular view of the global economy is that we’re experiencing a “new normal” – low yields, low productivity and long-term stagnation. But, says John Stepek, that’s not necessarily true.
Wall Street strategist Abby Joseph Cohen is keen on the US economy. But the bond market is another matter.
The US Federal Reserve isn’t about to raise interest rates, and you can forget about a rate rise this side of summer. That, says John Stepek, is good news for this once contrarian play.
Good news for investors trying to work out the US Federal Reserve’s next interest-rate move. It’s just become a lot easier to predict. The bad news is why.
The US economy is picking and things look to be slowly getting back to normal, says John Stepek. There’s just one catch – and it’s a big one.