July 13, 2018— The slope of the yield curve has continued its relentless slide this month, with the yield differential between a 10-year and a 2-year Treasury bond falling below 0.27%. The closer this figure gets to zero, the more suspect investors become about whether the economy can withstand higher interest rates from the Fed.
June 19, 2018—It’s not just the warm weather on the East Coast that is heating up these days. It is also the escalating friction between the U.S. and its trading partners, China in particular. The Trump administration has imposed a series of tariffs that are either in or will soon be in effect on a spectrum of
June 15, 2018—On Thursday, June 14, the European Central Bank (ECB) made the equivalent of a bar’s ‘last call’ before it stops serving alcohol. It announced at its policy meeting that the asset purchase program known as quantitative easing (QE) would be winding down in the fourth quarter of 2018 and ending by the end