In today’s Money Minute we get data from the US on retail sales and industrial production.
Politicians of every hue have committed to throwing vast sums of money at their voters. Rampant inflation will eventually make them stop. But for now, says John Stepek, it’s sent markets into party mode.
Current conditions in the US don’t call for negative interest rates. But that doesn’t rule them out, says Howard Marks, founder of Oaktree Capital Management.
Not even socialist Bernie Sanders goes quite that far, but a radical shake-up of America’s healthcare system looks to be on the cards.
The US Federal Reserve has started purchasing Treasury bonds with printed money to clear short-term blockages in the financial system.
The hiring slowdown does not signal recession for the US economy. Growth is just moving down a gear, says Brian Pellegrini.
China and America have agreed to a “pretend” trade deal, with details are so thin that the Chinese preferred not to call it a “deal” at all. That didn’t stop the markets cheering.
America’s central bank is printing money again. It’s not more QE, says the Fed, it’s just maintaining the current level of liquidity. John Stepek explains what’s going on and how it will affect you.
The S&P 500 continues to rise. But the idea that the US Federal Reserve can hold off a recession by rate cuts alone is optimistic.
Chinese growth is struggling. US markets look vulnerable. But are the two leaders desperate enough to put a positive spin on the next round of trade talks? John Stepek investigates.
Markets have taken a sharp knock recently as fears of a recession have grown. John Stepek looks at what’s got them rattled, and how it affects your investment plans.