AUTHOR
Mick Weinstein
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Corporate earnings, total employment, retail sales, housing activity and bank lending are all significantly higher than they were a year ago.
The U.S. Treasury (UST) 10-year yield could trend toward 5% in 2025, supported by a combination of historical averages and a steepening Treasury yield curve.
![Ex-Goldman VP Greg Smith on 60 Minutes [Video + Twitter reactions]](/content/default.jpg)
Noble whistle-blower, naive, or feigning surprise to profit from his departure?
The market’s resilience in 2023 was a testament to the economy’s ability to weather the impacts from higher interest rates better than expected. Despite softening economic data and shrinking inflation, investors are optimistic about the future, but they may be underestimating the risks to the economy.