The Brexit deal, the trade negotiations with China and a new president of the European Central Bank are all good news. But the threat of…
Posts published in “lou barnes”
Washington’s political drama obscures potential new rate drops
By The Citizen on October 12, 2019
The forecast for interest rates is still low, reinforced by new information from the Federal Reserve. Source: Inman News
Rates head toward all-time lows
By The Citizen on October 7, 2019
The slowing global economy is not the fault of the central banks, and it’s beyond their repair. Global markets are slowing down for natural reasons,…
Housing is improving, and the economy is steady
By The Citizen on September 28, 2019
The economic data, especially housing, is encouraging. The rate of GDP growth is steady near 2 percent, right on the Federal Reserve’s target. Source: Inman…
Housing market too strong for more Fed cuts
By The Citizen on September 21, 2019
President Trump has tweeted that the “boneheads” at the Federal Reserve should lower interest rates to “zero” or “less,” but Federal Reserve Chairman Jerome Powell…
Central banks scramble to ward off fears of a recession
By The Citizen on September 13, 2019
Every thought in President Trump’s tweets is mistaken, which markets and businesses understand. They also understand that these tweets have no effect on Fed decisions.…
Why Brexit and tariffs are a distraction from an unpredictable future
By The Citizen on September 6, 2019
Markets preoccupied with tariffs and are trading on Brexit, and they really shouldn’t bother. Source: Inman News
How will a trade war impact the US?
By The Citizen on September 3, 2019
Central banks can see this coming, underway in several places, but they have another problem: very little room to cut rates and desperately frightened of…
Fed conference draws harsh reaction from Trump and China
By The Citizen on August 27, 2019
After Federal Reserve Chair Jerome H. Powell’s long-awaited speech early Friday morning, which was calming to markets, President Trump and China unleashed their fury — one on…
Yield curve inversion fears are overblown
By The Citizen on August 19, 2019
Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time. …