Although US producers prices rose a little more than expected in November on a jump in the cost of services, the trend is modest. Wholesale…
Posts tagged as “Economy”
The Federal Reserve demonstrates that household wealth declined by $6.5 trillion from the end of 2019 to March 2020. The loss stems from a sharp…
Central bank independence is dead, according to Foreign Policy, though the publication notes that the U.S. Congress has yet to get the message.
A recent survey demonstrates how 61 percent of former central bankers surveyed around the world believe central banks will become less independent in the future.
Francois Trahan, a strategist at UBS, has seen U.S. corporate debt increasing by more than 50% this past decade, standing now at nearly $10 trillion.
Such concerns could steal the show in 2020, he says. The slowing economic activity and a potential decline in corporate earnings could lead to debt downgrades for brands such as Amazon, 3M, and Walmart.