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Jeff Sommer
Posts
For the Markets, It’s Not Just the Debt Ceiling
A host of issues face the markets, beyond the prospect of a possible default on U.S. debt. Hedge your bets and ride it out, our…
What the Markets Are Telling Us About the Debt Ceiling
The odds of a U.S. default are low, but the consequences could be dire. Our columnist explains how financial markets are assessing the risks.
The Debt Ceiling Impasse Raises the Risks for ‘Risk-Free’ U.S. Bonds
Short-term costs for insuring U.S. bonds are skyrocketing, and the long-term effects of repeated flirtations with debt default are already a burden, our columnist says.
Worried About a Recession? Patient Investors Can Ride It Out.
Economic downturns are rough on stocks, but history shows that handsome returns can pile up anyway if you stick with it, our columnist says.
The Fabulous Yields, and Lurking Risks, of Money Market Funds
The funds are paying enticing interest rates right now. But the debt ceiling and signs of weakness in the banking system are worrisome, our columnist…
Most Funds Couldn’t Beat the Stock Market in 2022, Despite Advantages
In 2022, conditions were heavily in stock pickers’ favor, but most trailed the market. This year looks worse, our columnist says.
U.S. Economy May Be Heading to a Place That Must Not Be Named
A hard landing? A banana? Euphemisms for recession have a long history in Washington. Whatever the Fed is stating, it seems to be expecting something…
The Fed Is Doing Too Much, All at Once
In its fight against inflation, the Federal Reserve has contributed to the bank failures and economic instability that it is now trying to fix, our columnist says.
The Fed Has Targeted 2% Inflation. Should It Aim Higher?
After raising interest rates again, the Federal Reserve will soon have to consider how much pain it is willing to inflict in its fight against…
Will the Fed Keep Tightening as Banks Fail?
By quietly shedding billions in assets, the Fed is making conditions tighter for banks, home buyers and investors, our columnist says.
