The Fed Should Go Big Now. I Think It Will.

Published on September 16, 2024

The US Federal Reserve faces a crucial decision at its policy-making meeting this week: Ease off slightly on monetary restraint with a 25-basis-point interest-rate cut, or go for a rare 50-basis-point cut to fend off a recession.

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LPL Adds Truist Duo With $300M To Employee Advisor Platform

September 16, 2024
LPL Financial announced today that a former Truist Financial duo that managed about $300 million in advisory, brokerage and retirement plan assets has joined its employee advisor channel, Linsco by LPL Financial in Tampa, Fla.

The US Is Locked in a State of Debt Denial

September 16, 2024
Perhaps it’s unsurprising that Donald Trump and Kamala Harris are saying nothing about the country’s biggest economic-policy challenge – namely, how to rein in public borrowing. With an election to win, they’d rather emphasize lower taxes and/or higher public spending.