Tag Archives: Morning

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 16, 2022 Inflation is raging at a pace not seen in 40 years, making it a near certainty that the Federal Reserve will raise interest rates at the conclusion of its policy-setting meeting this afternoon. How do we know? Because Fed Chairman Jerome Powell said so. “I’m inclined to propose and support a 25 basis point rate hike,”… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, March 15, 2022 Rapid rent growth will persist The rent is too damn high. Once only referring to a single-issue political party led by former New York City mayoral candidate Jimmy McMillan in the 2000s, the phrase now resonates across the U.S. Rent growth, not just soaring energy prices, is doing its part to push inflation to a 40-year high… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 14, 2022 I would compare this week in the markets to that feeling when you passed your driver’s test and were able to roam the open roads with freedom for the first time. So much anticipation on what’s possible, and it all lived up to the hype (until you got into your first accident, then it sucked). This week the Federal Reserve… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, March 11, 2022 The post-pandemic era arrived while you were worried about Russia To paraphrase Jay-Z (I’m a Brooklynite, sue me): The market has 99 problems, but COVID-19 doesn’t seem to be one. Well, at least not anymore, given investors’ ever-lengthening list of concerns. Spiraling inflation that hasn’t been seen in decades is… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 10, 2022 Plaudits for Biden on crypto order, but challenges loom The pistol for cryptocurrency regulation has officially been fired — and the crypto world is ready and raring to go. On Wednesday, the Biden administration issued its hotly-anticipated executive order that directs the federal government (with the advice and consent… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 9, 2022 With prices ‘unhinged,’ next stop could be $150 (or higher) Uncle Sam is preparing to hit the Siberian bear where it hurts. And a lot of people will be feeling the pain. On Tuesday, President Joe Biden vowed to do the previously unthinkable: ban Russian energy imports in response to its invasion of Ukraine. Although… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, March 8, 2022 When an oil crunch turns foes into frenemies Since Vladimir Putin attacked Ukraine for the sin of refusing to exist as a Russian satrapy, fiery crude prices are stoking fears of a 1970’s style oil shock, and sending a chill down the market’s spine. The U.S. government is weighing slapping embargoes on Russia’s crude —… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, March 4, 2022 Shopping, and driving, through the era of high costs Every now and again, we here at the Morning Brief delight in bringing our readers some good news that helps leaven a news diet filled with grim to outright depressing news. As Russia continues its brutal frontal assault on Ukraine — which continues to whipsaw markets —… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 3, 2022 Waiting for the dollar’s Godot Is the U.S. dollar over as a reserve currency? That is one of several takeaways from the increasingly anfractuous conflict between Russia and Ukraine. A flurry of heavy-handed sanctions has isolated Moscow, and may yet ricochet across the global economy in unexpected ways (not the least of… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 2, 2022 As sanctions close a few doors, a crypto window opens Cryptocurrency has finally started behaving like something that resembles a safe haven, with bitcoin (BTC-USD) and other digital tokens taking off on Tuesday as Russia’s incursion into Ukraine took a more dramatic turn. As Yahoo Finance’s David Hollerith has been… Source link