Are The Feds Goals Realistics?

Video Credit: Wochit News - Duration: 00:31s - Published
Are The Feds Goals Realistics?

Are The Feds Goals Realistics?

The Federal Reserve is targeting above 2% inflation.

Scott Minerd, Guggenheim global CIO told Bloomberg on Wednesday it is "virtually impossible" for the Fed to achieve that without creating a bubble in asset prices.

"The reality is that the inefficiencies that are building up in the system." Minerd said misinformation and mistaken investments will pose a challenge to investors.

You Might Like

๐Ÿ’ก One News Page Knowledge: Other News Mentions

Federal Reserve Federal Reserve Central banking system of the United States

Atlanta Fed CEO Raphael Bostic says virus has "put a wedge in our economy"

Raphael Bostic, the president and CEO of Federal Reserve Bank of Atlanta, says "we have to change the trajectory for the generations to come."
CBS News

Bitcoin: A Comprehensive Guide about Value and factors that lead to change in Value!

Bitcoin is an excellent means of sending and receiving money with the help of internet connectivity. The entire bitcoin network is controlled by a decentralized..
Powell: Congress, Fed need to 'stay with' aid [Video]

Powell: Congress, Fed need to 'stay with' aid

In his second trip to Capitol Hill this week, Federal Reserve Chairman Jerome Powell told lawmakers that assistance from the Fed and Congress are needed to bolster the economic recovery.

Credit: Reuters Studio    Duration: 00:59Published
Dow Drops 320 Points [Video]

Dow Drops 320 Points

On Thursday, US stocks fell 320 points. The drop comes even as weekly jobless-claims data came in better than expected. Business Insider reports that weekly jobless claims fell by more than 30,000 from the previous week, to 860,000. Tech stocks led the decline. Investors continued to process Federal Reserve Chairman Jerome Powell's comments expressing uncertainty about the economic recovery. Powell also said the Fed didn't expect to raise interest rates until at least 2023.

Credit: Wochit News    Duration: 00:43Published

Bloomberg L.P. Bloomberg L.P. Financial, software, data, and media company based in New York City

Apple designs COVID-19 face masks for its employees [Video]

Apple designs COVID-19 face masks for its employees

In order to give its employees a major sense of relief, Apple has decided to design its own face masks and the company will distribute it to its retail and corporate employees. Most of the employees of Apple wear masks on the job as a precautionary measure against the coronavirus, and as a result, Apple has decided to come up with its own masks, Mashable cited a Bloomberg report. As per this report, Apple is providing two face masks to each of its employees. One mask is called "ClearMask" and it has been sourced from other companies. The other mask is known as "Apple Face Mask" has been created by Apple's Engineering and Industrial Design teams. This particular mask has up to three layers that filter incoming and outgoing particles, and it can be washed and reused up to five times," Mashable cited a Bloomberg report. The company will now start sending Apple Face Masks to its employees over the next two weeks.

Credit: ANI    Duration: 01:10Published
ByteDance may miss U.S. deadline - report [Video]

ByteDance may miss U.S. deadline - report

ByteDance is likely to miss the deadline imposed by the Trump administration for the sale of TikTok's U.S. assets as new Chinese regulations have complicated deal talks, Bloomberg reported on Thursday. Ciara Lee reports

Credit: Reuters Studio    Duration: 00:54Published
Could The Stock Market Go On Another Ten-Year Bull Run? [Video]

Could The Stock Market Go On Another Ten-Year Bull Run?

The stock market is poised for another ten-year bull run. That's according to Brian Belski of BMO Capital Markets. Belski told Bloomberg that the stock market's low on March 23 was the "control alt delete" reset button for the next 10-year bull run. It will be the second half of a 20-year secular bull market. He cautioned investors to not play the same strategy that they did following the 2008 financial crisis.

Credit: Wochit News    Duration: 00:37Published

Tweets about this