CPI came in higher than expected, with significant increases in housing, clothing, and transportation services, probably closing the door on a June rate cut, as the Fed will likely have to be patient and wait for the numbers to improve. Then, Kathy interviews David Beckworth. They discuss...
With a fixed immediate annuity you can set up a steady income stream that you will never outlive no matter what happens to interest rates or the stock market. The payments can be made for your lifetime, for both you and your spouse's lifetimes, for a limited period of time, or for ...
And another way to fight inflation is toinvest in assets whose prices will also inflate. For instance, you couldinvest in real estate. Generally, the cost of real estate assets increases over time. It is not guaranteed, and it may decrease depending on the situation of the real estate. For...
A lot will depend on what China does next, but Morgan Stanley had a note out this morning just saying that this stimulus program that was announced, it was more ambitious than previous programs. And they say that it's released animal spirits in China for the first tim...
That tells you a lot of volatility has gone away, but doesn't mean it will stay away. I think the next things we need to watch are, and maybe Lauren, this is the time to bring it up, are going to be the US economic data. We're getting our CPI reading thi...
I’ve been saying for a long time, and I wrote about it probably starting in July or August saying the good outcome is going to be a recession because in a recession, people will buy the bonds. The bad outcome was the scenario that we were staring down the barrel of in October. No...
I can see a case for it, though. Not only because any changes to CGT will probably come into force before Rachel Reeves has even finished her bedtime cocoa for the day, but also because it’s hard to imaginelowerCGT rates anytime soon, even if they don’t go up in 2024. ...
Each time a comment arrives I will hide it temporarily so as not to give the answer away too soon. Posted in Uncategorized | 4 Comments Double Drone Strikes Posted on July 13, 2013 by Polymath U.S. Drone Warfare: Secondary Strikes Target First Responders This is way worse than I ...
A lot will depend on what China does next, but Morgan Stanley had a note out this morning just saying that this stimulus program that was announced, it was more ambitious than previous programs. And they say that it's released animal spirits in China for the fir...
The widely-watched report on the Consumer Price Index (CPI) next week is expected to show overall inflation accelerating while the important "core" inflation measure slows down. Surging gas prices have pushed inflation up, while prices for cars have fallen. The report could influence policymakers ...