Last week, many Fed officials gathered at the Kansas City Fed’s Jackson Hole Symposium to give their take on the need to make or delay the initial rate hike. Vice Chairman Stanley Fisher carried the Fed’s central message – it is still too early to decide about a September hike. Before he spoke, several speakers […]
Our best outlook through this murky fish tank is that we are growing slowly in the US and gradually improving. We see 2.5 to 3 million new, nonfarm payroll jobs a year at an annual rate. We do not see robust and rising wage pressure or strong inflationary forces. We do have extremely low interest […]
GIC Director of Operations Jill Fornito talks about her recent trip to Maine and Camp Kotok.
Bill Witherell of Cumberland Advisors discusses the devaluation of the Yuan.
GIC Chairman Michael Drury takes a look at the global economy today.
Bill Witherell of Cumberland Advisors talks about investing in Japan.
Bill Witherell of Cumberland Advisors talks about the Eurozone, outside of Greece.
CIO of Cumberland Advisors David Kotok discusses heavenly movements and Earth-bound economies.