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Bond yields remain at or near historic lows around the world, leading to a substantial increase in the value of pension plan liabilities.
David Kelly, the Fed, interest rates
Dr. David Kelly discusses the economic impact of the ECB’s decision to use NIRP to boost the European economy.
From an economic standpoint, we believe that growth in the U.S. will remain above potential in the coming quarters, but it seems unlikely that the robust growth seen in 2Q18 will be sustained.
Market downturn, bear market