Now that Jerome Powell has been nominated to a second term as Federal Reserve chairman, markets think they know what they are getting. They might be mistaken.
In picking Powell, President Joe Biden gave investors what they wanted: a central-bank head they know, like, and believe they can count on to act as a type of mystical dove, at once leaving monetary policy ultraloose while maintaining price stability. But a reality check is in order.
There…
by Calculated Risk on 11/26/2022 08:11:00 AM The key report this week is the November employment report on Friday. Other...
President Joe Biden and Secretary of Education Miguel Cardona. The Washington Post | The Washington Post | Getty Images It's...
Black Friday shoppers wait to enter the Coach store at the Opry Mills Mall in Nashville, Tennessee, on November 25,...
Alphabet and Pfizer Stock Look Like Buys, Says This Longtime Market Maven | Barron's Joe Rosenberg’s relationship with Barron’s goes...
6 Preferred Stocks That Offer Safety and High Yields | Barron's There still is plenty of yield in the depressed...
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