The Federal Reserve has one major policy meeting left in 2017 and its decision regarding rates could be the catalyst that derails the market’s rally.
I recently highlighted how the Federal Reserve will trigger a recession at its December meeting. Now, market data confirms that research.
The important question is whether two straight months of gains is a sign of exhaustion or strength. Fortunately, there’s good news here.
What’s so interesting (and dangerous) is that it’s not mortgage debt, but all the nonhousing debt that’s leading the charge this time.
There’s a precedent for something as “unprecedented” as tax reform under an unloved president. And the precedent is bullish.
Our national obsession with taxation is misplaced. In fact, it conceals a far more pernicious threat to our collective and individual prosperity: debt.
Wall Street still has a monopoly on one essential part of trading … but in time, the internet is going to wipe out this current advantage.
The president has a significant impact on the Fed since each president appoints a chair. President Donald Trump now has his chance to leave his mark.