Colorful world map with question marks over it.

U.S. Tops World in Economic Uncertainty

Economic uncertainty is unusually high. The pandemic, the recession and the upcoming election make us feel uneasy. That feeling is actually quantifiable as indices show global uncertainty is at its highest point since the 2008-09 financial crisis. However, unlike that crisis, today’s uncertainty is higher for the United States than for Europe or China—the world’s…

Glowing screen with market performance data

Fed Expects ZIRP to Remain Indefinitely

Some interesting insights came to light following June’s meeting of the Federal Reserve’s monetary policy arm, the Federal Open Market Committee (FOMC), and the release of a summary of economic projections. “We’re not even thinking about thinking about raising rates,” Fed Chairman Jerome Powell said, answering a question following the meeting. On March 15, the…