Bonds flash recession warning light as key part of the yield curve inverts again

Bonds flash recession warning light as key part of the yield curve inverts again

The bond market is flashing a warning that the economy may be falling or already has fallen into recession, according to one closely watched measure. Market pros watch the spread on the Treasury yield curve, or the difference between the longer duration Treasury yields and shorter duration yields. Normally, longer duration yields, like the yield … Read more

Georgia is now the latest state to mandate personal finance education

Georgia is now the latest state to mandate personal finance education

Georgia Governor Brian Kemp makes remarks during a visit to Adventure Outdoors gun shop as he pushes for a new state law to loosen requirements to carry a handgun in public, in Smyrna, Georgia, January 5, 2022. Alyssa Pointer | Reuters High school students in Georgia will soon have guaranteed access to a personal finance … Read more

Here’s how recessions became an inevitable part of American economy

Here’s how recessions became an inevitable part of American economy

The US has experienced at least 30 recessions throughout history, dating back as early as 1857. Some economists argue that they may have become an inevitable part of the financial cycle that fluctuates between periods of expansion and contraction. “History teaches us that recessions are inevitable,” said David Wessel, a senior fellow in economic studies … Read more

Companies aggressively marketed baby formula. Then there was a shortage

Companies aggressively marketed baby formula.  Then there was a shortage

New York CNN Business — The baby formula shortage in the United States has left many mothers and families desperately scrambling to feed their infants. The shortage has been made more acute by the low rate of breastfeeding in the country compared to most industrialized nations, health researchers say, which has made the United States … Read more

Reuters End-Q2 Global Severeign Bond Markets Poll Results | Investing News

Reuters End-Q2 Global Severeign Bond Markets Poll Results |  Investing News

BENGALURU (Reuters) – Reuters polled more than 100 fixed-income strategists covering major sovereign bond markets from around the world during the closing weeks of one of the worst first half of any year for bonds in decades. Following are some of the highlights of their predictions for US Treasuries, German Bunds and Japanese Government Bonds … Read more

Biden eyes China with memorandum to combat illegal fishing | Business and Economy

Biden eyes China with memorandum to combat illegal fishing |  Business and Economy

Move comes as Washington steps up engagement with Asia to counter China’s growing influence. US President Joe Biden on Monday signed a national security memorandum to fight illegal fishing, part of pledged efforts to help countries combat alleged violations by fishing fleets, including those of China. The White House said in a statement that it … Read more

As inflation runs high, 58% feel nervous about their savings

As inflation runs high, 58% feel nervous about their savings

kate_sept2004 | E+ | Getty Images As record high inflation persists in the US, Americans are feeling a new side effect — in security around their emergency savings, according to a new survey from Bankrate.com. The percentage of people who are uncomfortable with the amount of money they have set aside is now 58%, up … Read more

America Wasted Its Chance to Push the Economy Forward

America Wasted Its Chance to Push the Economy Forward

We blew it. That is the queasy feeling I have as I watch borrowing costs surge, housing starts fall, and politicians rush to subsidize fossil-fuel consumption. Americans had a decade-plus in which interest rates were low and millions of workers were unemployed or underemployed. We could have made investments that would have benefited all of … Read more

Wealthier Americans live paycheck to paycheck after inflation spike

Wealthier Americans live paycheck to paycheck after inflation spike

With inflation still hovering near 40-year highs, it’s getting harder for workers across all income levels to make ends meet. The Consumer Price Index, a key inflation metric, increased 8.3% in April from a year ago, according to the latest data from the US Department of Labor. Although it was down slightly from the March … Read more

How inflation, interest rate hikes affect the 60/40 portfolio

How inflation, interest rate hikes affect the 60/40 portfolio

How a 60/40 portfolio strategy works The strategy allocates 60% to stocks and 40% to bonds — a traditional portfolio that carries a moderate level of risk. More generally, “60/40” is a shorthand for the broader theme of investment diversification. The thinking is: When stocks (the growth engine of a portfolio) do poorly, bonds serve … Read more