Posted on

Negative Interest Rates in the USA are Unlikely – Week of May 11 – 15, 2020

By Kuldip K. Ambastha Jerome Powell, the Chair of the U.S. Federal Reserve, issued detailed comments this week. The American economy continues to be ravaged by the coronavirus pandemic. Additional fiscal support aid (e.g. another round of stimulus payments to Americans) will likely be needed for the American economy to recover. However, the Fed is …

Continue reading “Negative Interest Rates in the USA are Unlikely – Week of May 11 – 15, 2020”

Posted on

GDP Contraction, the Fed, and the Dow Jones – Week of April 27 – May 1, 2020

By Kuldip K. Ambastha The Dow Jones had three down and two up days this week. The coronavirus pandemic has continued to wreak havoc all around the world, and the American capital markets were affected. During 1Q2020, the USA’s GDP (gross domestic product) annualized contraction rate was 4.8%. This figure was announced on Wednesday, April …

Continue reading “GDP Contraction, the Fed, and the Dow Jones – Week of April 27 – May 1, 2020”

Posted on

Jobs, Unemployment, and the Dow Jones – Week of March 30 – April 3, 2020

By Kuldip K. Ambastha The Dow Jones was up and down this week day by day, similar to what has been seen in the past few weeks. Due to the coronavirus pandemic and its related public health concerns around the world, massive changes have been seen in the USA and these changes have been affecting …

Continue reading “Jobs, Unemployment, and the Dow Jones – Week of March 30 – April 3, 2020”