In a recent discussion, Francis Newton Stacey criticized Janet Yellen's comments about inflation, suggesting that her claims regarding the potential impact of mass deportation on inflation are politically motivated rather than based on economic principles. According to Stacey, inflation should be analyzed through a broader economic lens, without intertwining political narratives.
Negative
As inflation figures continue to be a contentious issue, any signs of growing skepticism about government narratives relating to inflation could lead to volatility in related sectors, especially financial and consumer stocks. Investors might start weighing these political predictions against economic fundamentals.
Capitalist Pig hedge fund manager Jonathan Hoenig weighs in on market rallies, his concern for everyday Americans amid inflation, and his stock pick.
Oct 11, 2024, 12:25 PM
JPMorgan Chase & Co. chief Jamie Dimon on Friday sounded the alarm about "critical risks" to the U.S. economy in the bank's third quarter earnings report.
Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the market rallying following the inflation report, Jamie Dimon's warning of geopolitical risks, and how he fared during Hurricane Milton.