2019-11-21 11:34:00 Thu ET
federal reserve monetary policy treasury dollar employment inflation interest rate exchange rate macrofinance recession systemic risk economic growth central bank fomc greenback forward guidance euro capital global financial cycle credit cycle yield curve
Berkeley macro economist Brad DeLong sees no good reasons for an imminent economic recession with mass unemployment and even depression. The current U.S. economic expansion can be sustainable over the longer run when the Trump administration helps direct people and resources from low to high-marginal-return productive activities. There is no clear sign of an economic recession with higher unemployment in light of moderate wage inflation, low price inflation below the 2% target, and reasonable real economic output. These fundamental considerations suggest that the current U.S. economic boom is likely to sustain at least over the medium term.
However, envy and greed are often the muses that almost always convince some stock market investors to buy equity stakes at the peak of an asset bubble. Later these stock market investors would wonder why there are no hints of the probable risks or black swans. The same economic rationale also applies to more generic investors who retain an active interest in bonds, currencies, futures, and precious metals such as gold, silver, and platinum etc.
As the Federal Reserve maintains the current dovish interest rate adjustments with Treasury fiscal stimulus packages such as tax cuts and infrastructure expenditures, an economic recession cannot be imminent under normal labor market conditions.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2017-03-21 09:37:00 Tuesday ET

Trump and Xi meet in the most important summit on earth this year. Trump has promised to retaliate against China's currency misalignment, steel trade
2018-07-25 11:41:00 Wednesday ET

President Trump hails and touts America's new high real GDP economic growth in 2018Q2. The U.S. is now a $20+ trillion economy, and America hits this mi
2022-05-15 10:29:00 Sunday ET

Innovative investment theory and practice Corporate investment can be in the form of real tangible investment or intangible investment. The former conce
2018-07-15 11:35:00 Sunday ET

Facebook, Google, and Twitter attend a U.S. House testimony on whether these social media titans filter web content for political reasons. These network pla
2020-06-17 09:23:00 Wednesday ET

Successful founders focus on their continuous growth, passion, perseverance, and the collective wisdom of most team members. William Ferguson (2013) &
2019-04-26 09:33:00 Friday ET

JPMorgan Chase CEO Jamie Dimon defends capitalism in his recent annual letter to shareholders. As Dimon explains here, socialism inevitably produces stagnat