Debt is Growing Faster Than the Economy, Unsustainable Says Powell

USA	2019-11-19 21:30

Jerome Powell, chairman of the Federal Reserve, has stated America is on an unsustainable path because debt is growing faster than the economy by a significant margin. He said: “The... The post Debt is Growing Faster Than the Economy, Unsustainable Says Powell appeared first on Trustnodes.

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Bitcoin is a cure to deflationary death spiral in the current market scenario claims Mark Yusko

According to many experts, the US economy could suffer another crack with the market indicators suggesting a potential recession at bay. Despite Federal Reserve Chairman, Jerome Powell asserting that US economy was in “a good place”, developments suggest the contrary.

2019-10-7 23:30
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Trump Buries Fed Chair Jerome Powell After ‘Gutless’ Policy Decision

The Federal Reserve’s quarter-point rate cut on Wednesday was met with hostility by President Trump, who blasted Chairman Jerome Powell for lacking vision and being totally ‘gutless’ about helping the American economy.

2019-9-19 22:08	Jerome Powell
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St. Louis Fed Chief James Bullard Agrees Crypto Is Disrupting Economy

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2019-7-20 20:35
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Dow Futures Crumble as NY Fed’s Recession Indicator Screams Red

Dow Jones futures point to another weak open on Wall Street on Wednesday. As Federal Reserve chairman Jerome Powell prepares his speech to Congress, a crucial recession light is flashing red. The New York Federal Reserve recession indicator is now at highs last seen in 2008 when the US economy collapsed.

2019-7-10 14:15	Jerome Powell
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Trump Prefers ECB’s Draghi as Fed Chair in Epic Powell Diss

President Donald Trump took a swipe at the Federal Reserve Chairman this week, saying Jerome Powell’s rush to raise interest rates hampered an economy that didn’t need tightening. Draghi, Not Powell Donald Trump said he would prefer the actions of European Central Bank President Mario Draghi – and wanted him as Fed Chairman instead – […] The post Trump Prefers ECB’s Draghi as Fed Chair in Epic Powell Diss appeared first on CCN Markets

2019-6-27 02:15
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Dow Rips Lower After Fed's Powell Sounds Alarm Bell on U.S. Economy

The Dow and broader U. S. stock market declined sharply on Tuesday, as investors reacted to dovish commentary from Fed chief Jerome Powell that suggested central bankers were becoming ever-more concerned about the economy.

2019-6-26 22:19	S&P 500
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Bitcoin Would Survive Recession, But Ethereum Might Crater: Tech VC

Bitcoin would survive a recession, while Ethereum would suffer and Ripple’s XRP would remain unaffected. That’s the prediction of Kyle Chapman, a partner with tech venture capital firm Cosimo Ventures.

2019-3-12 22:47
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Economist’s Belief That Stocks Are Overvalued Has Bitcoin Enthusiasts Enthused

While the S&P 500, the Nasdaq, among other global stock indices surged off the back of news that the U. S. Federal Reserve’s chairman, Jerome Powell, would be putting a policy rate hike on the backburner, some pundits are still wary of a looming crash, even crisis.

2019-2-4 17:30	Market
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Artificial intelligence tailwinds have already pushed the “Magnificent 7” to new highs, helping more broadly the S&P 500 to hit record levels, still, Lisa Thomas of TD Cowen says “It’s just tip of the spear in terms of the AI story.

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Donald Trump has redefined the Republican Party, embracing a populist platform centered on the working-class while maintaining skepticism of corporate power. However, his second-term Cabinet appointments appear to challenge that narrative, as the president-elect surrounds himself with a group of wealthy business executives and investors.