By SIMON CONSTABLE
Observers have long suspected that President Donald Trump's jawboning of the Federal Reserve may hurt the central bank's credibility with investors.
Now they have proof in the form of a recent study from the National Bureau of Economic Research. Read more here.
By SIMON CONSTABLE
Europe's single currency area is sinking further into economic malaise and the authorities will likely need to act further to help. Read more here.
By SIMON CONSTABLE
This week's jump in oil prices is likely to be far more damaging to Europe than it will be to the U.S.
For that reason, savvy investors would do well to avoid stocks dependent on activity in Europe and instead look elsewhere for investments. Read more here.
By SIMON CONSTABLE
It only took twelve years.
Inflation-adjusted wages in the United Kingdom are finally back to the level they were just before the financial crisis of 2007-2009. Raises are even exceeding the rising cost of living, with average pay increasing at a 3.9% annual clip versus the 2.1% inflation rate. "It's about time, too," says Ben Frost, Korn Ferry's global manager for pay. Read more here.
By SIMON CONSTABLE
Wall Street firms increasingly are using artificial intelligence to get a read on how analysts feel about certain stocks. That has given birth to a term that investors may start hearing and reading about more often: “machine-read analyst sentiment,” or MRAS. Read more here.
