Monday , 9 February 2026

Recent Posts

Trump rips Fed as economy’s only problem

Bloomberg US President Donald Trump renewed his attacks on the Federal Reserve, commenting publicly on the central bank for the first time following last week’s interest-rate hike and reports he has discussed firing Chairman Jerome Powell. “The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or …

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Currency strategists, traders differ on future of euro in 2019

Bloomberg Currency strategists are convinced that 2019 will be the year of the euro. Money managers and traders aren’t buying it. Morgan Stanley, Credit Agricole SA and Toronto Dominion Bank are all calling for the common currency to surge next year as investors shift focus away from an overvalued dollar. That’s not a view shared by Janus Henderson Group Plc …

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Wells Fargo cuts estimates for stocks

Bloomberg Wells Fargo cut estimates for stocks next year on concern the Federal Reserve is making a policy mistake that will throttle economic growth. Chris Harvey, head of equity strategy at the bank, cut his year-end target for the S&P 500 Index to 2,665 from 3,079. While new forecast represents a 10 percent gain from current levels, he replaced Michael …

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