Home / Tag Archives: president (page 4)

Tag Archives: president

Stocks fall, S&P 500 and Nasdaq post worst week since late May

American Express, another Dow component, also reported better-than-expected earnings. However, the company’s stock dropped more than 2.5%. More than 15% of SP 500 companies have reported earnings thus far. Of those companies, 79% have posted a better-than-expected profit, according to FactSet data.  “So far, there have been no surprises,” said …

Read More »

What economists have gotten wrong for decades

In a House hearing on monetary policy last week, Federal Reserve Chair Jerome Powell made a telling confession in response to a question from Rep. Alexandria Ocasio-Cortez (D-NY). The topic was the so-called natural rate of unemployment: the idea, believed by many economists and policymakers, that there is a rate …

Read More »

Internet Giants and Big Firms: Geopolitical dividends on the horizon?

Political leaders have recently taken actions to curb Big Tech through tax reform, anti-competition investigations, and are considering breaking up potential monopolies. These political developments pose commercial challenges and have shook investors. However, investors ought to consider long-term implications. Growing political tensions and an eastward movement of economic power may …

Read More »

Does Donald Trump know what the debt ceiling is?

During a brief White House QA yesterday, a reporter asked Donald Trump about the ongoing talks on raising the debt ceiling ahead of its looming deadline. “We’re working on the debt ceiling,” the president replied. Asked if the negotiations are near an agreement, Trump ignored the question and started whining …

Read More »