"(US Federal Reserve Chair Jerome) Powell's focus on verifying inflation's trajectory is in line with the central bank's dual mandate of ensuring price stability and maximum sustainable employment. The bond market's reaction, with rising yields, signifies a shift in expectations about the inflationary landscape and the Fed's anticipated response," he...
Perfect storm will make dollar biggest loser of 2023: deVere CEO
The warning from the boss of the financial giant follows the dollar having already dropped 10 percent from its peak hit last year and after it hit lowest level in a year against the euro last week.
Fed in dilemma over inflation, financial stability
"It appears that the Fed has not learned from the mistakes of the 1980s. Throughout much of the 1970s, the US central bank hesitated to implement rate hikes, likely due to political pressure from leaders unwilling to permit higher unemployment rates during their tenure," adds Green.
1970s-style inflation, shrinking economy: Rebalance your investments
The painful combination of chronic 1970s-style inflation and a shrinking economy means that you might need to rebalance your investments, warns Nigen Green, the CEO of deVereGroup, an independent financial advisory, asset management and fintech organization. The warning from Green comes as global stock markets are tanking as investors fret...Bear market triggered by panic-selling presents investment opportunities
Fortunes will be made in this current bear market as in-the-know investors use the 20 percent drop as a major buying opportunity, says Nigel Green, CEO and founder of deVere Group, an independent financial advisory, asset management and fintech organization. Green’s observation comes as the S&P 500, Wall Street’s main...
