Month: February 2016
It wasn’t as entertaining as the Fantastic Four, The Magnificent Seven or Ocean’s 11 but we had an opportunity last week to watch the Group of 20 (G20). The G20 stars finance ministers and central bankers from 19 countries and the European Union as well as representatives from the International Monetary Fund and World Bank….
And the economic data says … The United States economy is doing pretty well. So well that a March rate hike by the Federal Reserve is not entirely out of the question. Barron’s described the situation like this: “Squawking pessimism can’t drown out what is a very respectable start to 2016. Economic data so far…
Are markets suffering from excessive worry? Last week, markets headed south because investors were concerned about the possibility of negative interest rates in the United States—even though the U.S. Federal Reserve has been tightening monetary policy (i.e., it’s been raising interest rates). The worries appear to have taken root after the House Financial Services Committee…
There was bad news and good news in Friday’s unemployment report. In the negative column, fewer jobs were created in the United States than economists had predicted, and January’s jobs gains were not as strong as December’s had been. In addition, the December jobs increase was revised downward from 292,000 to 252,000, according to Barron’s….
The Bank of Japan (BOJ) dove into the negative interest rate rabbit hole last week when it dropped its benchmark interest rate to minus 0.1 percent. If you’ve been following Japan’s story, then you know the country has been struggling with deflation for almost two decades. The BOJ’s goal is to push inflation up to…