Economy

Markets ‘complacent’ about the risks of a Trump win, strategist says

Markets are “fairly complacent” about the risks of a second Donald Trump presidency, which could trigger a “tantrum” in long-duration…

World’s largest hedge funds record bumper year of profits, research shows

The world’s top hedge funds raked in record profits last year amid a resurgence in stock markets, new analysis showed.…

‘It’s really bad’: China strategist warns of deflation and rock-bottom consumer confidence

Deflation may soon start biting into Chinese growth, as Beijing looks at another three to six months of a “very…

Watchdog report is critical of former Fed officials in stock trading controversy

A watchdog review into market trading from two former high-ranking Federal Reserve officials criticizes their actions but does not accuse…

Yellen to step up campaign touting Biden’s economic record

The Biden administration is dispatching U.S. Treasury Secretary Janet Yellen to Chicago and Milwaukee this week as part of a…

Why that ‘last mile’ of the inflation fight may be more challenging

Inflation in the U.S. economy is on the retreat. But the road to ultimate victory may be harder than what’s…