-
Journalist Marty Crutsinger Looks Back On 32 Years Of Intense Pressure On Fed Chairs
Thursday, September 22, 2016 - 1:05pm | 449There’s no question that Federal Reserve Chair Janet Yellen is under a huge amount of pressure to determine the right time to raise interest rates following the worst U.S. recession since the Great Depression. Raising interest rates too quickly could derail the economy’s fragile...
-
Discussing The Fed's Political Bias Regarding Interest Rates As Elections Loom
Tuesday, September 20, 2016 - 7:45am | 655Every time presidential elections get close, the Federal Reserve’s Federal Open Market Committee faces the same predicament: Should they act as usual, or should they wait until after the ballots? Will action be interpreted as a political move? Or, will the public see inaction this way? This...
-
The 'Fab Four' Economic Meeting Is Thursday: What To Know
Thursday, April 7, 2016 - 2:30pm | 594For the first time ever, the four living U.S. Federal Reserve Chairs, Janet Yellen, Ben Bernanke, Alan Greenspan and Paul Volcker, will be appearing together onstage at an event hosted by the International House. The world will be watching closely to see what these economic leaders have to say...
-
Alan Greenspan Thinks There Is A Bubble Brewing In The Bond Markets
Monday, August 10, 2015 - 3:26pm | 312With significant amount of money infused into the markets through quantitative easing, first in the United States and then in Europe and Japan, several investors have raised concerns over there is a bubble brewing in asset prices, especially bonds. According to Former Federal Reserve Chairman...
-
What These Pundits Said Will Make You Want To Hoard Cash
Tuesday, June 23, 2015 - 11:13am | 668It is official. We are all just screwed. Janet Yellen told us that stocks are overvalued and potentially dangerous. Warren Buffett said that if interest rates go higher we will find that current stock valuations are high. Of course interest rates have moved higher all over the world as bonds have...
-
What's Going On With Greece, According To This Economist
Thursday, April 2, 2015 - 3:44pm | 256Dr. Mikhail Melnik, Bloomberg Economist and Professor at Kennesaw State University, recently spoke to Benzinga about the economic situation in Greece. Dr. Melnik said that he tended to agree with recent comments comments from Alan Greenspan and George Soros. "I do believe that the situation in...
-
Ron Insana: 15-Year Delay Between NASDAQ Hitting 5,000 Again Is 'Appropriate'
Tuesday, March 3, 2015 - 1:16pm | 324Times have changed drastically since the NASDAQ Composite (INDEXNASDAQ: .IXIC) last touched the 5,000 figure. CNBC contributor and Marketfy Maven Ron Insana was recently seen discussing how, when seen in historical context, the time taken by NASDAQ to reach 5,000 again is “appropriate....
-
4 Things To Understand About This Market
Monday, July 28, 2014 - 6:41am | 592Stocks have been running higher for more than five years now, and the gains that have been available are downright impressive. Yet, investors continue to complain about valuations, the Fed "rigging the game," the state of the economy, global debt levels, etc. It is also interesting...
-
Ben Bernanke's Eventful Years at the Fed
Friday, February 7, 2014 - 3:50pm | 1228When Ben Bernanke succeeded Alan Greenspan as chairman of the Federal Reserve Board in February 2006, the economy seemed to growing smoothly. Unemployment was under 5 percent. Little did the former Princeton economics professor know what was to befall him. Within 18 months, it became clear a...
-
Alan Greenspan Sees Skills Gap, Not Low Demand In Jobs Market
Friday, February 7, 2014 - 11:29am | 332Former chairman of the Federal Reserve Alan Greenspan appeared on CNBC's Squawk Box Friday morning, where he discussed the state of the jobs market as he sees it as well as what can be done to help boost competitiveness and activity. “You're looking at an issue really of the working age...
-
Bitcoin Rallies Above $1,000 in Early 2014 Trading
Monday, January 6, 2014 - 3:40pm | 503Bitcoin, a virtual currency that was trading for about $13 a year ago, got off to a strong start in 2014, reaching as high as $1,093 in early Monday trading on the Mt.Gox exchange. The digital cryptocurrency (meaning it uses cryptography for security) got a strong boost from news that Zynga (...
-
Barron's Recap: The Snail Economy
Saturday, October 26, 2013 - 2:55pm | 799This weekend in Barron's online: the case for a Great Stagnation, as well as the prospects for Kohl's, Furmanite, Walgreen and more. Cover Story "Slowing to a Crawl" by Jonathan R. Laing. The United States may be headed for decades of slow growth, says Barron's in this week's cover story. The...
-
Alan Greenspan: Fear Drives the Markets
Wednesday, October 23, 2013 - 9:11am | 540On the way to completing his new book, The Map and the Territory, Risk, Human Nature, and the Future of Forecasting, former Federal Reserve Chairman, Alan Greenspan had an epiphany. The epiphany, which Greenspan told The Wall Street Journal, “Upended my view of how the world works,” mostly...
-
Barron's Recap: The Baby Boom Budget Bomb
Sunday, September 29, 2013 - 2:49pm | 807This weekend in Barron's online: the looming economic calamity if entitlement spending is not reined in, as well as the prospects for AMC Networks, Prem Watsa and more. Cover Story "What, Me Worry?" by Gene Epstein. Unless Washington stops dithering, says this week's cover story in Barron's, the...
-
Alan Greenspan Shares His Thoughts On The Complexity Of Tapering
Friday, June 7, 2013 - 10:15am | 392Alan Greenspan, former Federal Reserve Board Chairman and President of Greenspan Associates has concerns about the readiness of the market for Fed tapering. He appeared on CNBC's Squawk Box on Friday morning to discuss his thoughts. Greenspan noted that he thinks it's going to be more difficult...