Tag: economic
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Opinion: China is feeling the pinch from a weakening global economy and U.S. restrictions
[ad_1] For decades, China set a shining example of how to capitalize on globalization to accelerate domestic economic growth and development. These days, however, the country risks becoming a cautionary tale about mishandling globalization’s shift from a beneficial tailwind to a disruptive headwind. Although the Chinese economy’s recent travails have some unique characteristics, they illustrate…
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Opinion: The Fed’s mission impossible: Drive the economy from the back seat
[ad_1] The U.S. Federal Reserve is talking up rate-hike expectations even when inflation and threats to inflation are slowing markedly. Investors should recognize that the Fed has a poor forecasting record and officials are likely to relent on their hawkish rhetoric as inflation subsides. In 2013, then-president of the Minneapolis Fed, Naryana Kocherlakota, used a pithy…
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Opinion: The Federal Reserve is in a deep hole — and it has only itself to blame
[ad_1] One might think that predicting the U.S. Federal Reserve’s next policy moves would become easier now that the U.S. central bank has already hiked interest rates 10 consecutive times, for a total of five percentage points. Not so fast: I suspect that few, if any know for sure what the Fed will do at…
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Opinion: Stock investors are right to be cautious now, and being bearish is even smarter
[ad_1] I play golf by myself most of the time when I play. I like to be the first one off the tee in the morning so that I can hustle and play a full 18 holes in less than two hours. The other day my analyst Bryce Smith and I went to play golf…