Political events such as the re-election campaign of French President Emmanuel Macron will loom larger this year than inflation, write Larry Hatheway and Alex Friedman. Lucovic/AFP/Getty Images About the authors: Larry Hatheway and Alex Friedman are the co-founders of Jackson Hole Economics, and the former chief economist and chief investment officer, respectively, of UBS. As […]
Read MoreGetty Images When thinking about how much money to invest, it may be tempting to look at how much money you have, but you should also think about how much money you will need. While it’s not always a “fun” question to think about, ask yourself: “What are my goals and what am I trying […]
Read More(Bloomberg) — U.S. economic growth looks set to fuel inflation that’s even faster than most analysts anticipate in the first part of 2022, according to a trader who correctly picked this year’s jump in bond-market expectations for consumer-price gains. Semin Soher Power, who heads Bank of Ireland Group Plc’s inflation-trading desk in Dublin, is forecasting […]
Read MoreSurging prices are haunting consumers and confounding economic planners in the U.S. and other countries, but not in Japan, where sparking inflation has proven an elusive goal. While the Federal Reserve and most other central banks are shifting into inflation-fighting mode, the Bank of Japan on Friday said it would scale back corporate bond purchases […]
Read MoreGetty Images/iStockphoto U.S. inflation hit a 39-year high in November, according to government data, with consumer prices rising 6.8% in November, as compared to the same month in 2020. This is the fastest rise in consumer prices since 1982, and November was the sixth consecutive month that inflation was over 5%. These changes, no doubt, […]
Read MoreThe Federal Reserve building in Washington. Chip Somodevilla/Getty Images First strategy, next tactics. After its belated admission that inflation is proving more intransigent than transitory, the Federal Reserve, at its much-anticipated policy meeting that winds up Wednesday, should indicate how it will adjust its policy to restrain rising prices. That will likely consist of a […]
Read MoreFor consumers, inflation is raising jitters and for good reason— rising prices could wipe out gains or stall the nation’s economic growth. Friday’s Consumer Price Index report showed inflation at a 39-year high, but the warning signs have been there. Americans say being able to afford to pay their bills and inflation rank second and […]
Read More(Bloomberg) — The U.S. went on a borrowing binge last year and the hangover could make it harder for the Federal Reserve to fight inflation without crashing the economy. Corporate debt has surged $1.3 trillion since the start of 2020 as borrowers took advantage of emergency Fed action as the pandemic spread, slashing interest rates […]
Read MoreThe consumer-price index rose at its fastest annual rate in decades in October. Tim Boyle/Getty Images) When I was a young reporter in the 1980s, my newspaper gave me raises twice a year for a while. I’d like to tell you I earned the salary boosts through extraordinary merit, but all the reporters got them. […]
Read MoreWarren Buffett is holding these stocks for the huge free cash flow — with inflation at a 31-year high, you should too Wall Street pays a ton of attention to company earnings. But reported earnings are often manipulated through aggressive or even fraudulent accounting methods. That’s why risk-averse investors need to focus on companies that […]
Read MoreWith inflation no longer ‘transitory,’ Warren Buffett is relying on these 3 stocks to come out on top After months of rising prices, the Fed’s claim that high inflation rates would be “transitory” is looking a bit transitory itself. “It’s probably a good time to retire that word and try to explain more clearly what […]
Read MoreWharton’s Jeremy Siegel warns that stocks could drop 10% as soon as December — hold fast with these 3 ‘conservative’ tech picks The stock market could suffer a 10% correction as early as December if the Federal Reserve starts cracking down on inflation, a respected author and professor of finance says. With inflation hitting a […]
Read MoreLast year proved to be a gold speculator and investor’s dream after gold prices rallied hard to hit historical highs thanks to a perfect storm of a global pandemic, massive government stimulus packages, weakening dollar, and a stock market bull run that had finally run out of gas. The torrid rally represented the sharpest gain […]
Read MoreGOLD IS CHEAPER NOW Gold is currently priced at $1772 oz., somewhat lower than its peak in August 2020 at $2060 oz. In either case, the gold price has increased considerably since 1980. After forty years, though, one might be inclined to ask in all sincerity “Is that all there is?” The question has merit. […]
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