Stocks Are Dangerously Overvalued With More Rate Hikes To Come
Douglas Rissing The CPI report shows that inflation has remained stubbornly slow to fall, with the CORE CPI rising at 5.3%, surpassing expectations for 5.2%, creating a problem for the Fed. This will
Debt Metrics: How To Interpret Them And When They Matter
artoleshko/iStock via Getty Images Introduction Coming out of the pandemic, the Federal Reserve raised interest rates at an unprecedented pace. Over the course of about 15 months, the federal funds ra
It was a “pleasant” surprise to wake in the morning to find that US market has staged a 1-day rally where gains were quite “substantial”. As mentioned in my Tue, 16 May post’s opening paragrahs, “pointless” to celebrate because market will struggle thru this week, in a “confused” state. See what I mean? US market’s futures for Thu, 18 May is a “red” wash all over again. Without a national issue eg. Debt Limit, the US market is already “unpredictable” at times; let alone with one now, the US market is going to get even crazier. While trying to play the devil’s advocate on the US Debt Limit issue, I stumbled upon the article by The Council of Economic Advisors (CEA) on the economic impact based on different degrees of Debt