Tag: interest rates

Is the Worst of the Stock Market Crash Behind Us Now?

Is the Worst of the Stock Market Crash Behind Us Now?

Make no mistake about it the world's economies are in for a world of pain as mandatory social distancing measures cripple entire industries and their related supply chains. No one can say for sure how long it will last or how bad it might get, but it's possible that the stock market has already priced in the lean times ahead.

For those believe the Dow Jones Industrial Average is predictive and anticipative of greater economic conditions, perhaps the worst is now behind us. Before a sizable pull back this past Friday, last week consisted of a three-day surge that saw the Dow post the largest rally since the Depression era. Monday closed 690 points above the previous trading day, and that put the index in the green four of the past five sessions. 

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Former Fed Chair Janet Yellen to Speak in Chicago on Thursday

Former Fed Chair Janet Yellen to Speak in Chicago on Thursday

The first woman to be appointed chair of the Federal Reserve Board of Governors, Dr. Janet Yellen will be in town on Thursday, as she headlines The National Investment Center for Seniors Housing & Care (NIC) Fall Conference.

Yellen will give a speech at 8am local at the Sheraton Grand, where she will share insights on the current economic environment and how future changes in the global economy will influence domestic policy, regulatory changes, labor markets, interest rates, and the healthcare sector. The speech will be followed by a Q&A moderated by Kathleen Hays, the Global Economics and Policy Editor for Bloomberg Television and Radio. 

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