I Am Troubled By Stocks Rising While The Economy Softens

" We study an economy in which agents have the wrong beliefs about the dynamic properties of fundamentals," write Harvard's Benjamin Herbert and David Laibson( who will b e on my panel at my 55th Harvard reunion on May 22) and Andreas Fuster of the New York Fed.

BING NEWS:
  • Stocks stumble into New Year, but S&P 500 scores biggest 2-year gain since 1998
    U.S. stocks finished lower Tuesday, but closed out another remarkable year on Wall Street, as rising demand for artificial intelligence, a surprisingly resilient U.S. economy and the Federal Reserve's ...
    12/31/2024 - 8:49 am | View Link
  • Wall St. Sees More Gains Ahead After Another Bumper Year for Stocks
    The S&P 500 posted back-to-back annual gains of more than 20 percent for the first time since the late 1990s. Analysts expect stocks to continue rising in 2025.
    12/31/2024 - 8:07 am | View Link
  • Will the US economy and the stock market continue their growth into 2025?
    The US economy is heading into 2025 with strong momentum, but significant uncertainties could alter its trajectory. A strong 3% GDP growth rate in 2024 and the addition of nearly 2 million jobs have ...
    12/30/2024 - 9:27 pm | View Link
  • Stocks up slightly with bond yields up; economy, rates in focus
    A global equity index was rising on Monday with help from Wall Street heavyweights and U.S. Treasury yields climbed as data showed a deterioration in U.S. consumer confidence and investors prepared ...
    12/23/2024 - 7:25 am | View Link
  • US stocks face headwind from rising yields after Fed signals fewer rate cuts
    The rally in U.S. stocks is encountering a fresh hurdle -- a potentially problematic rise in Treasury yields as the Federal Reserve signals fewer interest rate cuts for 2025.
    12/18/2024 - 8:53 pm | View Link
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