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Inflation needs to "explode" this month to meet the Fed's projections, which is why their estimates "make no sense," according to Fundstrat's Tom Lee.

2022 has been a difficult year for investors. If the year ended today, 2022 would be the first year that US stocks and long-term bonds are both down more than 10% in the last 150 years - and both markets are down much more than 10%. Figure 1: Underperformance...

On April 4, the Bureau of Labor Statistics released the March employment report. American businesses shed 80,000 jobs in March and 232,000 jobs in the first quarter of 2008. The unemployment rate climbed above 5 percent for the first time since 2005. This is further evidence that the American economy ground to a halt in the first quarter of 2008. March Employment Report

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.