Fed Chair Powell survives a critical week. Here’s why he faces even bigger tests in the future
Last week, Federal Reserve Chairman Jerome Powell successfully walked back his October remark that jarred investors, but it’s hardly the last challenge he’ll face to communicating the road ahead. In what was arguably his biggest test yet as Fed chief,...
What’s Next for Italy’s Budget?
Executive Summary Since our most recent special report on Italy, Italian policymakers have continued full steam ahead with their plans to ease fiscal policy next year through a combination of tax cuts and increased spending. Over the past eight weeks,...
A chart suggests that a ‘Santa Claus rally’ is not coming to Wall Street this year
DataTrek Research is out with a chart suggesting stocks will struggle this month — pouring cold water on the likelihood of a “Santa Claus” rally that traditionally boosts stocks in December. According to the firm’s co-founder Nicholas Colas, it comes...
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