Global Economics & Markets

A curated collection of articles about economics, investing, and personal finance by DKE Inc Comprehensive Wealth Counsel.

By Michael Hartley CFP®

Michael Hartley CFP®
Inflation
Galbraith Offers a Poor Defense of MMT
aier.org - Nicolas Cachanosky
– January 16, 2021 Reading Time: 3 minutes Modern Monetary Theory (MMT), which claims that a country issuing debt denominated in its own currency can …
12 hours ago
Michael Hartley CFP®
Capital Markets
Stocks fall as economy's pain deepens, head for weekly loss
Associated Press - By STAN CHOE and DAMIAN J. TROISE
NEW YORK (AP) — Wall Street closed out its first losing week in three with another drop on Friday after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw...
1 day ago
Michael Hartley CFP®
Exports
China's 2020 GDP Growth Slowest In Over Four Decades: AFP Poll
Barron's - Dan Martin
China's economy grew last year at its slowest pace since transformative market reforms of the 1970s, according to an AFP poll of economists, but …
2 days ago
Michael Hartley CFP®
Jerome Powell
Fed's Powell says US economy may return to pre-crisis levels 'much sooner' than expected
FOX Business - Megan Henney
Federal Reserve Chairman Jerome Powell said Thursday the U.S. economy could return to pre-coronavirus pandemic level "fairly soon" thanks to a torrent of monetary and fiscal aid over the past year. The...
2 days ago
Michael Hartley CFP®
Unemployment
US unemployment claims jump to 965,000 as virus takes toll
Associated Press - By CHRISTOPHER RUGABER
WASHINGTON (AP) — The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs. The latest figures...
2 days ago