Billionaire investor Howard Marks said he’s worried about an increasing sentiment taking hold in American politics. “There is a rising tide of anti-capitalism and we should be concerned about that,” the co-chairman of Oaktree Capital […]
The Federal Reserve may hike interest rates one or two times this year as a buffer for the next economic downturn, former Atlanta Fed President Dennis Lockhart contended Thursday. Central bankers will likely be on […]
Fragile equity markets forced Federal Reserve Chairman Jerome Powell to pledge on Wednesday that the U.S. central bank will be patient with future interest rate hikes, said DoubleLine Capital Chief Executive Jeffrey Gundlach. “He’s caving […]
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