The dollar fell to the day's lows and could continue to weaken, after President Donald Trump said he disagrees with the Fed's decision to raise interest rates and that the Fed should do "what's good for the country."
The U.S. economy is growing at a fast clip, and the bull market is entering its ninth year. But some economists are starting worry over rising interest rates and a negative signal from the bond market called a "flattening yield curve."
Fewer U.S. workers are moving around the country to seek new job opportunities, as changing family ties and more openings near home make people less willing to uproot their lives for work. The post Fewer Americans Uproot Themselves for a New Job appeared first on Real Estate News &amp; Insights | realtor.com® .
President Donald Trump is grousing again about his Federal Reserve chairman, telling political donors that he was hoping for easier monetary policy.
"Despite recognizing that debt is dangerous waters, Americans are jumping in with both feet and struggling to stay afloat," says Emily Holbrook, director of planning for Northwestern Mutual.
A recession in the country of 80 million, which sits at the crossroads of Asia and Europe and is home to both NATO's second-largest military and more than 3.5 million Syrian refugees, would be no small event.
Bill Gross is one of the best bond managers of all time, and many followed his lead into unconstrained fixed-income investing, hoping to deliver returns uncorrelated to market benchmarks tracking interest rates. The Janus Henderson fund managed by Gross has turned in worst-in-category performance, highlighting the fact that it is not just stock pickers who have trouble beating the index.
Doubleline's Jeff Gundlach tweeted that the record number of bets made in the futures market in favor of higher bond yields could "cause quite a squeeze."