An overwhelming consensus of economists expects Fed liftoff at last in December. Good thing we’ve had several hundred miles of runway. An equally overwhelming consensus in the bond market thinks the Fed may get the bird airborne, but not for long. Nor for good reason.
This is the great disconnect of our time.
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There's only one domino separating Russia and NATO
Optimists cling to hopes that consumers have deleveraged and are borrowing again
Insights from Olivia Decker, founder, Decker Bullock Sotheby’s International Realty
Stock market sell-off was overdue, and bond rally is knocking rates down
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Stable cost of energy is a huge help while buying time
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Commentary: Fears of overheating economy or Fed tightening are mostly imagined
Recapitalized banks can withstand euro breakup
Commentary: Deep losses have afflicted both the guilty and the innocent
US competitiveness, debt projections are legitimate good news