by Lance Roberts | Mar 8, 2024 | alerts, Markets/Economy, Real Investment Advice
Presidential elections and market corrections have a long history of companionship. Given the rampant rhetoric between the right and left, such is not surprising. Such is particularly the case over the last two Presidential elections, where polarizing candidates...
by Liberty Street Economics | Mar 8, 2024 | alerts, Markets/Economy
In a previous post, we described the rapid growth of the stablecoin market over the past few years and then discussed the TerraUSD stablecoin run of May 2022. The TerraUSD run, however, is not the only episode of instability experienced by a stablecoin. Other...
by ForeignPolicy.com | Mar 7, 2024 | alerts, Markets/Economy
And the West isn’t ready for it. On a recent Monday, when a generically named Chinese ship called the Explorer No. 1 docked in the German North Sea port of Bremerhaven, it may have inaugurated a new era in the global economy. What was special about the vessel was not...
by Bloomberg.com | Mar 7, 2024 | alerts, Markets/Economy
Total climbed to $6.08 trillion in the week to March 6: ICI Institutional funds drove outflows from prime segment Money-market fund assets rose to a fresh record high for the second straight week on expectations short-term rates will remain elevated for longer after...
by Reuters.com | Mar 7, 2024 | alerts, Markets/Economy
(Reuters) -U.S. household wealth rose to a record of roughly $156.2 trillion at the end of 2023 thanks to a surging stock market that offset a drop in property market values, the Federal Reserve said on Thursday. Household net worth rose about 3.2% in the period from...
by Liberty Street Economics | Mar 7, 2024 | alerts, Markets/Economy
Wage growth has moderated notably following its post-pandemic surge, but it remains strong compared to the wage growth prevailing during the low-inflation pre-COVID years. Will the moderation continue, or will it stall? And what does it say about the current state of...
