The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more
BERLIN – European authorities are investigating mysterious leaks on two currently closed Russian natural gas pipelines to Germany, with officials telling ships to stay away from the area. accidents for her No effect on gas supplies in Europe Since both links are not currently in use. Germany halted Nord Stream 2 pipelines in February due … Read more
stocks and bonds stumble. housing weakened. And I haven’t heard a word about nonfungible cartoon monkey icons Maybe in three months. Strategists are now turning to really exotic assets – two I spoke with last week recommended buying long-term Treasurys. Someone also said that he prefers stocks of companies that are generating cash, and was … Read more
When Nancy Lam upgraded in January to a home closer to her child’s school in the San Francisco Bay Area, she thought she had plenty of time to list her old home, a modern five-bedroom home in the coveted suburb of Lafayette. After all, the pandemic has sent the luxury housing market up a notch, … Read more
Robert Sarver, owner of the Phoenix Suns and owner of Mercury, said Wednesday that he will begin the process of finding buyers for basketball teams, after An investigation into his behavior in his workplace The league paid a one-year suspension and a $10 million fine. An NBA investigation found Sarver said racial insults “when telling … Read more
20% off when buying a home. Do not spend more than 30% of your income on housing costs. Keep childcare expenses under 10% of your family’s annual income. Basic money rules can be useful buffers, helping you customize spending and decide what’s on hand. She can also be incredibly subdued when she feels unattainable. If … Read more
Relying on a line of credit in a fragile economy is the equivalent of expecting a weak bridge to weather the storm and keeping you alive. It is not uncommon Credit card Issuers to reduce their risk by lowering credit limits or closing accounts when there is a possibility of economic distress. Credit card issuers … Read more
Peter Diamond, the 2010 Nobel Prize winner in economics, has kept away from journalism for most of his long and illustrious career, stating that he worries about being misunderstood. Given the opportunity to interview him, MarketWatch jumped at it. His supporters believe Diamond may be the smartest economist. His selection by President Barack Obama to … Read more
Russian President Russian President Vladimir Putin He said he sought to address Beijing’s concerns Thursday about the Ukraine war in his first meeting with Chinese leader Xi Jinping since the conflict began, which recently led to the outbreak of the conflict. Major battlefield setbacks to Moscow. Mr. Putin told his Chinese counterpart that Moscow highly … Read more
