Headline inflation cooled sharply last month to beat economists’ forecast as prices rose on an annual basis at the slowest pace in more than two years, the June Consumer Price Index (CPI) revealed Wednesday. Core inflation, which excludes volatile food and energy costs and is considered to be a better predictor of future prices, remained… Continue reading June CPI Report: What the Experts Are Saying About Inflation
Southwest Airlines Bracing for Pilots Strike: Kiplinger Economic Forecasts
If left unresolved, a stalemate in negotiations between Southwest pilots and the airline could lead to a rare strike. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue… Continue reading Southwest Airlines Bracing for Pilots Strike: Kiplinger Economic Forecasts
Adoption Of Speedy 5G Services Is Growing: Kiplinger Economic Forecasts
Consumers rely on their phones for fast internet access, and they’re increasingly turning to 5G to stream on their favorite apps without interruption. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts… Continue reading Adoption Of Speedy 5G Services Is Growing: Kiplinger Economic Forecasts
SEC Sues 2 Major Crypto Exchanges, Attempts to Regulate the Industry: Kiplinger Economic Forecasts
As the crypto industry continues to grow, financial regulators are struggling to keep up. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or… Continue reading SEC Sues 2 Major Crypto Exchanges, Attempts to Regulate the Industry: Kiplinger Economic Forecasts
A Recession Still Looms, But Likely Not Until 2024: Kiplinger Economic Forecasts
Economists have been bracing for an anticipated recession for almost a year, but the economy has remained resilient. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of… Continue reading A Recession Still Looms, But Likely Not Until 2024: Kiplinger Economic Forecasts
Larry Summers warns US deficits have never looked as ominous as they do now and are on a ‘completely unsustainable path’
Former Treasury Secretary Larry Summers said US deficits are on an unsustainable trajectory. Deficits are stoking inflation and forcing the Fed to raise rates more than it would otherwise, he told the Atlantic. “I don’t think there’s ever been a moment when the trajectory looks nearly as ominous as it does now.” Loading Something is… Continue reading Larry Summers warns US deficits have never looked as ominous as they do now and are on a ‘completely unsustainable path’
The economy is in a ‘rolling financial crisis’ as private sector debt balloons, GMO says
The economy is in a rolling financial crisis, GMO’s James Montier said in a recent paper. Montier pointed to rising debt in the US, with the ratio of private debt to GDP above 150% for most of the last 20 years. That could spell trouble as the US is on the verge of tipping into… Continue reading The economy is in a ‘rolling financial crisis’ as private sector debt balloons, GMO says
Here’s where history says the latest bull market is headed next
The current bull market in stocks is more of the slow-and-steady variety than the high-octane type, according to DataTrek.The research firm compared the current rally in stocks to prior bull markets, and the results suggest sluggish gains ahead.”If that analog continues, the [S&P 500] may be mostly flat over the next three months until it… Continue reading Here’s where history says the latest bull market is headed next
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