"This is a price at which we can control the risks of a fall in the oil price and, obviously, if the price is higher, we'll have higher income," he told Congress. "So, I believe we are covered against the downside risk."
The long-overdue adjustment process for the most expensive secular growth stocks is under way and will continue until valuations become so cheap that they discount a more achievable outcome on growth and/or the risk of economic recession.
There is a limit to just how many bonds the Fed can buy, and a deep recession will likely find the Fed powerless to offset much of the negative effects...
The tectonic plates of the global international economic order are breaking apart and moving in the wrong direction and valuations are at historic extremes...
Step aside WeWork: a massive shortfall in the aggressive Japanese expansion plans of Oyo, the SoftBank Group-backed Indian hotel group, has snowballed into a nasty labor revolt.
“When you have simultaneous excess leverage at both the franchisor and franchisee, that results in additional risk, and potentially unintended consequences.”
Next week the Fed will be forced to cut rates again for the third time this year as they can’t afford to not cut rates for fear of disappointing markets. So far this year all Fed rate cuts have been sold...
After PG&E CEO Bill Johnson said that it could take ten years to shore up the grid enough to ratchet down the blackouts, California residents are taking matters into their own hands.
...capture the impact of a potential recession, a breakdown in U.S.-China trade talks and a variety of political risks linked to the Democratic presidential primary and impeachment proceedings against Donald Trump.
These policies meant to "kick the can down the generational road" continue to suffocate the asset-poor young adults and restrict the creation of newborn...
