‘It’s not healthy’: Stocks’ recent advance may signal more pain ahead for the markets. Here’s why

US stocks started the fourth quarter with sharp gains such as the Dow Jones Industrial Average, the Dow Jones Industrial Average, + 2.38% It appears to be heading for its biggest two-day high in more than two and a half years. But as tempting as it may be to call a bottom in stocks, Nicholas … Read more

Opinion: The Fed is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more