Trump Recovers, Then Infects Markets With Tweets… President Trump recovered enough from his bout with COVID-19 to return to the White House on Monday. On Tuesday he tweeted that he would no longer ...
Week In Review – September 28 2020
The Central Bankers Talked and the Markets Fell… Several Federal Reserve Bank presidents and governors as well as Fed Chair Powell spoke this week. Their comments centered around the need for more ...
Week In Review – September 21 2020
Federal Reserve Signals No Change in Rates Until 2024… In the press conference after its regularly scheduled meeting, Federal Reserve Chair Jay Powell noted that the bankers expect to hold ...
Week In Review – August 24 2020
Federal Reserve Sees Need for More Government Spending… The Federal Reserve released the minutes of its July meeting. The bankers discussed the need for more federal government action to mend the ...
Week In Review – August 3 2020
Second-Quarter GDP Drops 32.9%… The number is annualized, so in the second quarter, GDP fell 8.2%. What it means— The best that can be said is that GDP fell less than expected last month. ...