by Lance Roberts | Mar 22, 2024 | alerts, Markets/Economy, Real Investment Advice
It is long past the time that we face the fact that “Social Security” is facing a retirement crisis. In June 2022, we touched on this issue, discussing the stark realities confronting Social Security. “The program’s payouts have exceeded revenue since 2010, but the...
by Bloomberg.com | Mar 22, 2024 | alerts, Markets/Economy
Pimco co-founder notes stocks unaffected by higher real yields Bonds are unattractive because there’s ‘too much supply’ Bill Gross warned that investors are in for a bumpy ride as “excessive exuberance” sweeps financial markets. The S&P 500 Index surged above...
by Liberty Street Economics | Mar 22, 2024 | alerts, Markets/Economy
This post presents an update of the economic forecasts generated by the Federal Reserve Bank of New York’s dynamic stochastic general equilibrium (DSGE) model. We describe very briefly our forecast and its change since December 2023. As usual, we wish to remind our...
by Bloomberg.com | Mar 21, 2024 | alerts, Markets/Economy
As Japanese equities soar to record highs after a decadeslong slump, the government is now trying to encourage retail investors to put their one quadrillion yen in cash savings to work in the stock market. The latest Bank of Japan quarterly survey showed that...
by ModernRetail | Mar 21, 2024 | alerts, Markets/Economy
Nike posted its first decline in its Nike brand digital sales since 2015 — when it first began breaking out growth specific to that channel or Nike.com in either earnings releases or earnings calls — raising questions about the effectiveness of its direct-to-consumer...
by Bloomberg.com | Mar 21, 2024 | alerts, Markets/Economy
China is building its military and nuclear arsenal on a scale not seen since World War II and all signs suggest it’s sticking to ambitions to be ready to invade Taiwan by 2027, a top US admiral testified. Despite Beijing’s economic challenges, its official defense...
