Economist Lawrence H. Summers never joined Team Transitory, or the economists, investment strategists, and members of the Federal Reserve who thought inflation would be a temporary phenomenon. Instead, he warned early and often that…
The stock market was slipping Friday, after the June employment report revealed that the U.S. economy added more jobs than expected, spurring bets of a more hawkish Federal Reserve.
The U.S. added 372,000 jobs for the month of June,…
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