Trump has repeatedly criticized Powell for his cautious approach to cutting interest rates, nicknaming him “Too Late Powell.”
Continue reading‘Spectacular’ AI growth is creating a serious labor market problem for Fed, Jefferies’ David Zervos warns
Long-time market bull David Zervos is worried the Federal Reserve is dangerously ignoring the artificial intelligence boom’s fallout.
Continue readingNot just for the ultra-wealthy: Two firms team up to create more access to private credit boom
Simplify Asset Management and VettaFi launched the actively managed Simplify VettaFi Private Credit Strategy ETF (PCR) on Wednesday.
Continue readingThe resilient stock market may be keeping the economy out of a recession. Why that’s a bad thing
Consumers with larger stock holdings are feeling fine, while those with smaller or no holdings are not.
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