January’s data emphasizes how robust the U.S. economy—and, by extension, inflation— continues to be, in spite of the steep interest rate hikes imposed by the Fed since almost a year…
Tag: Larry Summers
Central Banks Must Finish The Job, Says Summers
In remarks made at the World Economic Forum in Davos Switzerland, former U.S. Treasury Secretary Larry Summers said that the “greatest tragedy” for the worldwide economy would be if central…
Summers Says Next Recession Could Be Longer Than Last One
Former Treasury Secretary Larry Summers believes that the next U.S. recession could “drag on longer than the last one that stretched 18 months.” This according to a recent article in…
Summers Says Trump Presidency Brings Uncertainty
A few weeks ago, former U.S. Treasury Secretary Lawrence Summers said investors are being “far too sanguine about the risks associated with Donald Trump’s incoming administration,” according to a Bloomberg…
The "Expert on Experts" on Who You Can -- And Can't -- Trust in Today's Market
“Expert”. It’s a term that gets thrown around an awful lot in parts of our society, and the financial world is no exception. But in an interview with Money magazine,…