Amid a tumultuous election, Jerome Powell will go about his usual business this week. For investors, he's arguably more important than the outcome of the election. barrons.com/articles/why-j…
Faced with a pandemic that has forced Americans to stay at home and shut down businesses, Powell's Fed acted swiftly to prevent a major financial catastrophe. barrons.com/articles/why-j…
In the face of a major economic downturn, the central bank cut interest rates to near zero, unleashed enormous bond-buying programs, deployed new lending facilities, and went far beyond what any Fed had done in the past. barrons.com/articles/why-j…
Monetary policy is set to remain a steadfast support for the U.S. economy, and a backstop that takes the worst-case financial-market outcomes off the table. At the center of that will be Powell, whose term runs until February 2022. barrons.com/articles/why-j…
“He’s a pragmatic pivoter,” says Edward Yardeni, an economist and president of Yardeni Research. “He’s done what he set out to do, and [shown a willingness to] change his mind depending on what the situation demands, but not be totally inconsistent.” barrons.com/articles/why-j…
Learn more about Powell's approach—and why he matters more for U.S. markets more than whoever will occupy the White House come 2021—in this week's Barron's cover story. barrons.com/articles/why-j…

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More from @barronsonline

31 Oct
Tuesday's election will be a critical one for the nation. No matter who wins, investors can rest easy knowing there will still be long-term opportunities in the market—and Jerome Powell will still be running the Fed. In this week's issue:
For investors, Powell is arguably a more important figure in Washington than whoever will occupy the White House come 2021. Here's why barrons.com/articles/why-j…
Regardless of the election's outcome, these five stocks look primed for gains barrons.com/articles/5-sto…
Read 5 tweets
17 Oct
In Barron's exclusive Big Money Poll, 137 professional money managers shared how they're investing amid big questions about politics, economics, and the path of the pandemic. Their conflicting convictions underscore the challenges facing investors today. barrons.com/articles/u-s-m…
A majority of poll respondents are bullish on U.S. stocks over the coming year, at 54%. Roughly a third describe their outlook as neutral, with the remaining 13% bearish. barrons.com/articles/u-s-m…
Even though the bulls don’t see major gains in store in the near term, they are upbeat about stocks post-Covid. Bullish managers see the Dow Jones Industrial Average ending the year about even with current levels, at 28,433 on average. barrons.com/articles/u-s-m…
Read 12 tweets
17 Oct
Between a pandemic, a recession, and a contentious presidential campaign, 2020 has thrown investors for a loop—and the year ahead could be just as eventful. In this week's issue:
In an exclusive Barron’s survey of U.S. money managers, respondents say they’re bullish on the prospects for stocks after a year of turmoil. Here’s how they’re planning to put money to work on.barrons.com/3o9pYS6
It's time for investors to take a fresh look at eBay. Here's why barrons.com/articles/ebay-…
Read 4 tweets
20 Jun
An increasing income and wealth disparity among Americans has been simmering for decades, a widening gap that could have long-term economic implications and threaten the market’s recovery. barrons.com/articles/why-t…
On its face, income and wealth inequality is a natural byproduct of a capitalist system. But when inequality gets exaggerated, it has broad repercussions—and by multiple metrics, wealth inequality has made the U.S. an outlier among developed nations. barrons.com/articles/why-t…
The U.S. middle class now makes up roughly 50% of the population, putting the nation closer to countries like Russia and Turkey, rather than Japan, France, or Germany, where the middle class makes up more than 60% of the population. barrons.com/articles/why-t…
Read 12 tweets
8 May
When the World Health Organization declared Covid-19 a global pandemic, the U.S. housing market came to halt. While that might be bad news for real estate agents and moving companies, it could spare the market the worst of this crisis. Here's how: barrons.com/articles/home-…
Excluding the Great Recession, there have been 1,039 instances of state recessions in a given month since 1997, according to Zillow—and home value appreciation occurred 81% of that time. barrons.com/articles/home-…
So far, home prices have held up: The median list price for houses for sale on Zillow at the end of April was actually 1% higher than it was the same time last year. barrons.com/articles/home-…
Read 14 tweets
10 Apr
The coronavirus crisis will eventually pass. But life on the other side will look different than it did before. Here are some ways Covid-19 could change companies, governments—and you: barrons.com/articles/how-t…
• Throughout history, Americans have grown more cautious in the aftermath of an economic crisis. After the Great Depression, personal savings rates rocketed from next to nothing to a record 28%.
The shock from the Covid-19 pandemic, coupled with the selloff in markets and job losses, could push consumers to ramp up their savings—including those who are still employed, says Torsten Sløk, chief economist at Deutsche Bank Securities.
Read 13 tweets

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