A month ago, bond investors were predicting that the Fed would be raising interest rates several times in 2019. Those same investors are predicting the Fed has now done its job and won’t be raising rates in the New Year.
The spark that ignited the late day rally in stocks on Thursday was most likely a comment about a potential meeting between Trump and the Fed head.
While economists and pundits want to blame the stock market’s current volatility on Trump, the shutdown, or something else, the fact is that the Fed is mostly to blame.
Despite being targeted by activists for destruction, it’s Chick-fil-A that now has the reason to crow: It’s poised to leapfrog a few major competitors to become our nation’s number-three fast-food chain in terms of sales, remaining behind only McDonald’s and Starbucks.
VIDEO - Even though Stockton emerged from bankruptcy a scant few years ago, the overpaid public servants have decreed it’s time to explore providing universal basic income. Will they ever gain their Utopia?
In 2019, Stockton, California, will become the first American city to implement a “universal basic income” program.
While President Trump is critical of the Federal Reserve's interest-rate hikes, Ron Paul wants the free market to set interest rates.
At bottom, Wall Street is a gigantic gambling casino where investors and money managers predict the future and then place their bets. Those trying to justify Wall Street’s present nervousness are coming up with next to nothing.
A new Harvard study finds that the wage gap between men and women can be entirely explained by their differing work decisions, not employers' sexism.