Newsfeeds - Spark Newswire

2 minute read

Jim Cramer Says Investors Were ‘Simply Gambling’ If They Bought Tech Stocks On Weaker Macro Numbers

Today, 12:34 PM

Prominent market commentator Jim Cramer has cautioned investors to continue maintaining a distance from technology stocks despite the rally seen on Monday.

BND

2 minute read

Rob Reich Says Fighting Inflation By Putting People Out Of Work Is Cruel: ‘Especially When America’s Safety Nets… Are In Tatters’

By Bhavik Nair

Today, 12:34 PM

Former Secretary of Labor Robert Reich has expressed his concerns about the Federal Reserve’s fight against inflation in the context of employment.&

BND

2 minute read

Obama-Era Economic Adviser Christina Romer Thinks Policymakers Will Face Difficult Decision Over Rate Path: ‘Going To Need To Dial Back Before…’

By Bhavik Nair

Today, 12:34 PM

Christina Romer, an economics professor at the University of California, Berkeley, and chair of the White House's Council of Economic Advisers (CEA) from 2009 to 2010, reportedly said

BND

2 minute read

Fed’s Bullard Thinks Probability Of Soft Landing Is Up This Year: ‘Fight Inflation Now…Get It Back To 2%’

By Bhavik Nair

Today, 12:34 PM

St. Louis Federal Reserve President James Bullard has reportedly expressed optimism that 2023 could finally bring relief from inflation and that the risk of a U.S. recession has come down in recent weeks.

BND

2 minute read

IMF’s Gita Gopinath Says Too Early For Fed To Announce Victory Against Inflation: ‘We Haven’t Turned The Corner Yet’

By Bhavik Nair

Today, 12:34 PM

International Monetary Fund Deputy Managing Director Gita Gopinath has reportedly warned that the U.S.

BND

2 minute read

With Fed Minutes Out, El-Erian Says ‘World’s Most Influential Central Bank’ Trying To Maintain ‘Delicate’ Balance

By Bhavik Nair

Today, 12:34 PM

Allianz chief economic adviser and noted economist

BND

2 minute read

Larry Summers Says Rest Of The World Will ‘Suffer Greatly’ If US Doesn’t Control Inflation And Rates Keep Rising

By Bhavik Nair

Today, 12:34 PM

Former Treasury Secretary Lawrence H.

BND

2 minute read

Top Economist El-Erian Thinks Bonds Warrant A ‘More Differentiated’ View As Credit Risk Is Far From Done

By Bhavik Nair

Today, 12:34 PM

As the Federal Reserve hiked its policy rate by over four percentage points in 2022 to tackle rising inflation, the U.S. Treasury market registered a record annual loss.

AGG

2 minute read

Michael Burry Says Current Inflation Peak Not Last In This Cycle: US Likely To Be ‘In Recession By Any Definition’

By Bhavik Nair

Today, 12:34 PM

‘The Big Short’ investor Michael Burry believes that even though inflation has peaked, it is not the last peak of this cycle as a recession would lead to further government stimulus, leading

BND