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Tag: financial markets
Photo of a Wall Street street sign with a U.S. flag in the background
With Election Day less than a month away, television is filled with talking heads spreading the conventional wisdom of what a Republican or Democrat president might mean for the economy. But when it comes to the relationship between presidential politics and the behavior of the financial markets, a group of business researchers says that conventional...
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In Washington, D.C. … Now that Congress and the president have agreed to a plan to reduce spending and the federal deficit, we are awaiting the details of which federal programs will be reduced and by how much. Congress is on a four-week recess, returning after Labor Day. THE MOST IMMEDIATE REACTION to the recent...