Newsfeeds - Spark Newswire

2 minute read

Larry Summers Says Trump Set Stage For Inflation: Republicans’ Willingness To ‘Send Country Into Default Is Chilling’

Today, 4:20 PM

Former Treasury Secretary Lawrence H. Summers said that former President Donald Trump, in many ways, set the stage for the inflation that the U.S.

BND

2 minute read

Dragged By Inflation, Treasuries Reportedly Register Biggest Annual Loss In 2022

By Bhavik Nair

Today, 4:20 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 during the year.

AGG

3 minute read

Proceed With Caution? What Nouriel Roubini, Larry Summers And Mohamed El-Erian Say About The Economy As We Enter 2023

By Bhavik Nair

Today, 4:20 PM

2922 certainly didn't do well in the diaries of optimistic market commentators and forecasters, including ones who thought inflation and the market rout would be short-lived.

BND

2 minute read

Larry Summers Highlights Recession Risk For 2023: ‘What Samuel Johnson Said Of Second Marriage Is Often True Of Soft Landings’

By Bhavik Nair

Today, 4:20 PM

Former Treasury Secretary Larry Summers said

BND

2 minute read

Jim Cramer Believes These 3 Communication Services Stocks Are Buys In Otherwise ‘Untouchable’ Group

By Bhavik Nair

Today, 4:20 PM

Prominent market commentator Jim Cramer has suggested three communications services stocks that are buys in an otherwise “untouchable” group.

BND

2 minute read

Is Market Open Today, The Day After Christmas?

By Bhavik Nair

Today, 4:20 PM

U.S. markets will remain closed on Monday as an observed holiday for Christmas.

BND

2 minute read

El-Erian Says Rate-Sensitive Sectors Like Housing Are ‘Dis-Inflating’ On Fed Hikes: ‘The Challenge Is…’

By Bhavik Nair

Today, 4:20 PM

Allianz chief economic adviser Mohamed El-Erian believes the effect of the Federal Reserve’s rate hikes is showing up in rate-sensitive sectors of the economy. However, the challenge is that drivers of inflation have shifted, he said.

BND