Tag Archives: Australia

Financial Daily Dose 9.3.2020 | Top Story: CBO Projects U.S. Nat’l Debt Will Nearly Eclipse GDP for First Time Since WWII

BY: Michael D. Reif | September 3, 2020

New figures from the Congressional Budget Office predict that U.S. government debt will, thanks to the pandemic recession, just about eclipse the size of the nation’s GDP—a level not reached since just after World War II – CBO and WSJ and MarketWatch and NYTimes Still, fiscal hawks be damned, the Dow again topped 29,000 and … Continue reading

Financial Daily Dose 7.13.2020 | Top Story: OPEC Weighs Expanded Oil Production Just Months After Agreeing on Cuts

BY: Michael D. Reif | July 13, 2020

OPEC and its oil-producing allies (in Russia and elsewhere) are reportedly working on a plan to ease cuts on oil production they agreed upon in April “amid signs that demand is returning to normal levels following coronavirus-related lockdowns” and internal pressure from the Saudis – WSJ and Bloomberg and NYTimes Disney World’s back open, even … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | October 29, 2015

As largely expected, the Fed made no moves on interest rates yesterday on the heels of its policy-making committee meeting, but Dr. Yellen took pains to stress the strength of the US economy and the likelihood that it will, seriously, bump rates in its final meeting of 2015 – NYTimes and WSJ Drug maker titans … Continue reading