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Jeremy Siegel Backs Ted Cruz's Plan To End Fed Interest Payments On 'Excess Reserves,' Potentially Saving $2 Trillion In Deficits: 'Not A Trivial Concern'
Tuesday, June 10, 2025 - 6:52am | 563Read More...After Sen. Ted Cruz (R-Texas) pushed for abolishing the interest paid by banks on their deposits with the Federal Reserve, senior economist Jeremy Siegel supported his arguments, whereas the JPMorgan Chase & Co. strategists opposed the idea, warning of serious implications. What Happened: Cruz...
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Fed Rate Cut May Drive Investors Away From Money Markets, Says Portfolio Manager
Friday, September 20, 2024 - 4:10pm | 467Read More...The Federal Reserve’s decision cut interest rates by 0.5% on Wednesday may pull investors away from money market funds and into longer duration bonds, according to a portfolio manager. Total money market fund assets decreased by $20.02 billion to $6.30 trillion for a week ending on...
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Why Interest Rate Cuts Won't Automatically Boost The Stock Market
Friday, September 13, 2024 - 3:43pm | 705Read More...Interest rate cuts can significantly influence cash movement into money markets, but the popular belief that this maneuver automatically drives stock market gains is often overstated. Earlier this month, JPMorgan strategists stated in a research note that the Federal Reserve’s anticipated...
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Gold, Precious Metals Dominate Real-World Assets On Blockchain: Is This A Sign Of Things To Come?
Thursday, September 14, 2023 - 1:37pm | 549Read More...In a significant development for the digital assets space, the value of real-world assets (RWAs) on-chain achieved a new milestone, reaching an all-time high of $3.1 billion as of Sept. 1, according to research. This surge in value surpasses the previous record of $2.75 billion set in April...
