Goolsbee 'Confused' by Market Reaction to Fed Chief's Rate-Cut Remarks
Fed not precommiting to cutting rates soon and swiftly and jump in market expectations that will do so at odds with how U.S. central bank functions.
Fed not precommiting to cutting rates soon and swiftly and jump in market expectations that will do so at odds with how U.S. central bank functions.
Notable drop of the 10-year yield below 4% is a critical indicator that Gundlach had previously identified as a potential signal of economic distress.
Jeremy Grantham predicts a significant downturn in the S&P 500, potentially losing a third of its value and possibly plunging over 50%.
The Fed watcher who called the 2007 housing bubble expects interest rates to stay high. It’s payback for the unsustainable ‘free money era’.
Fed is losing control of its messaging on interest rates, but financial markets are wrong to expect imminent cuts, Mohamed El-Erian said.
According to Morgan Stanley’s Michael Wilson, US stocks are headed for a rocky end to the year after rallying in November as bond yields fluctuate.
On "The Rich Dad Radio Show," Robert Kiyosaki, renowned financial educator and author, raised alarm bells about U.S. precarious financial situation.