by Bloomberg.com | Sep 19, 2023 | alerts, Markets/Economy
Debt up a ‘staggering’ $100 trillion in past decade, IIF says Liabilities as a share of global GDP fell as inflation surged Global debt climbed by $10 trillion in the first half of 2023, resuming its upward march as a share of the world economy after falling for close...
by Bloomberg.com | Sep 17, 2023 | alerts, Markets/Economy
Powell stresses ‘careful’ approach in Wednesday press briefing Officials now see less easing next year than they anticipated Federal Reserve Chair Jerome Powell made clear Wednesday the central bank is close to done raising interest rates, but his colleagues delivered...
by Bloomberg.com | Sep 8, 2023 | alerts, Markets/Economy
US consumer borrowing rose in July, reflecting a rebound in credit-card balances. Total credit increased $10.4 billion, Federal Reserve data showed Friday. The gain, which isn’t adjusted for inflation, was less than the $16 billion median forecast in a Bloomberg...
by Bloomberg.com | Sep 8, 2023 | alerts, Markets/Economy
Strategists would sell any rally to position for hard landing Yield gap between equity and bonds is lowest since 2000 The rising threat of interest rates staying higher-for-longer is likely to dent prospects of a soft landing for the US economy and drive a selloff in...
by Bloomberg.com | Sep 5, 2023 | alerts, Markets/Economy
He tells David Rubenstein 95% of his money is in a foundation Co-founder of GMO says most pressing issue is climate change While many on Wall Street have stopped obsessing about a recession, Jeremy Grantham has not. That should shock no one who has followed the career...
