The global economy is headed into a stagflation era, top economist Nouriel Roubini said. “The world economy is undergoing a radical regime shift,” he wrote Tuesday, declaring the end of the Great Moderation. Roubini warned central banks may find themselves in a “debt-trap” as they try to normalize monetary policies. Loading Something is loading. The… Continue reading ‘Dr. Doom’ Nouriel Roubini warns the era of stagflation is here and central banks are setting a trap in trying to normalize policy
Cathie Wood says the Fed will cut rates in 2023 as a number of signals point to a ‘very weak’ economy
Tech investor Cathie Wood sees the Fed cutting interest rates in 2023, she told Bloomberg on Monday. There are signs the US economy is ‘very weak,’ including a rise in layoff notices and claims for unemployment benefits, she said. The Fed looks on track to interest raise rates again in September after four rate hikes… Continue reading Cathie Wood says the Fed will cut rates in 2023 as a number of signals point to a ‘very weak’ economy
Investors are still stressing over inflation and about half say that it hasn’t peaked yet, State Street survey says
Nearly half of investors surveyed by State Street say inflation hasn’t peaked yet. Investors also say that rising prices are a source of stress and anxiety. In June, CPI clocked in at 9.1%, the fastest rate of inflation in 41 years. Loading Something is loading. Nearly half of investors say they’re stressed out over inflation… Continue reading Investors are still stressing over inflation and about half say that it hasn’t peaked yet, State Street survey says
Who Pays the Alternative Minimum Tax?
What is the alternative minimum tax? And is it something taxpayers should be concerned about when filing their tax returns? Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham Strategic Wealth Partners, to answer that question and more. TurboTax Live experts look out for you. Expert help your way:… Continue reading Who Pays the Alternative Minimum Tax?
Americans Raiding Savings to Cover Household Bills
The U.S. inflation rate jumped to 9.1% in June – the largest inflation percentage since July 1981. (July’s inflation figure is set to be released on Aug. 10.) The inflation figure has emerged as a flashpoint among economists, politicians and the media, as the chattering class argues over its impact on the economy and whether… Continue reading Americans Raiding Savings to Cover Household Bills
The Best U.S. Cities for Families
Anyone looking to raise a family these days might want to do whatever they can to stack the odds in their favor, and that could mean choosing the right place to live. Anyone looking to raise a family these days might want to do whatever they can to stack the odds in their favor, and… Continue reading The Best U.S. Cities for Families
Chewy Has a New Offer Pet Owners May Love
More people have become pet owners since the COVID-19 pandemic started. We all wanted that fluffy animal to keep us company during lockdowns and quarantines. Pet stores have been repositioning to offer more goods and services to customers. Chewy, (CHWY) – Get Chewy Inc. Class A Report a pet food and pet product retailer based in… Continue reading Chewy Has a New Offer Pet Owners May Love
Which Are the Most Popular Jobs in the Various States?
Are you trying to figure out in which state and in which field to find a job? One thing that may help is learning what are the most common jobs in various states, as there are likely to be openings in those fields and states. A new study from online bank Tangerine.ca lists which jobs… Continue reading Which Are the Most Popular Jobs in the Various States?
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