About once a year, I have to address the issue of chasing the "10 Best Days" of the year. The financial media regurgitates this same analysis whenever there is
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Restrictive policies, such as higher interest rates and tighter lending standards, will curtail the consumption that drives economic growth. Unsurprisingly
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The share of Americans rolling their credit card debt from month-to-month is for the first time higher than the portion who pay their bill in full. J.D. Power
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The Federal Reserve raised the target range for its benchmark interest rate by 0.25% and left the door open for more rate hikes this year. The latest rate
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The US economy grew at a faster-than-expected pace in the second quarter of 2023, adding to signs that the threat of a recession has faded in the immediate term
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Federal Reserve Chairman Jerome Powell said there is still a risk of doing too little to bring down inflation, noting that he wouldn't take hiking interest
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US banks lost $472 billion in deposits in the first quarter, according to a new quarterly report from the FDIC that offers a comprehensive look at how the
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As AI mania accelerates into the summer months, a tale of two markets facing investors is becoming more extreme. Last week, the Nasdaq 100 Index — which is
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The biggest deposit flight we have seen in 50 years from commercial banks shows no sign of stopping. Commercial bank deposits peaked at $18.158 trillion on 04
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Recession indicators are ringing loudly. Yet, the Fed remains focused on its inflation fight, as repeatedly noted by Jerome Powell following the March FOMC
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The Treasury market is sending its sharpest warning about recession risks since 1981. This week, the difference in the yield on 2-year and 10-year Treasury
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Federal Reserve Chair Jerome Powell told lawmakers on Tuesday interest rates are likely to rise more than previously expected as the central bank works to bring
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