The Federal Reserve, Explained

The Federal Reserve is central to the U.S. economy today, and it’s controlled by just 12 people. Its monetary policies can lower inflation or even spark a recession. 

The central bank says it’s dedicated to achieving its goals set by Congress to maximize employment and maintain price stability, but some of its decisions like raising interest rates are not always popular with Americans. 

WSJ explains how the Fed became the power it is today and why it plays such a major role in the country.

Recession Fears, Ukraine War, China Tensions: The Next Big Risk for Markets

Investing is a business of managing risk for the long term. In a year where recession fears abound, a war in Ukraine rages on for a second year, and geopolitical tensions across the globe are boiling under the surface we asked Boaz Weinstein, Ida Liu and David Rubenstein what they think the next risk is for markets. 

Read the story on Bloomberg.com: https://trib.al/n8HK2CD

Global fears over China’s struggling economy

The US and China have begun talks to try to improve relations between the world’s two biggest economies. 

Bilateral trade is worth hundreds of billions of pounds a year and China’s huge spending power is critical to global financial stability. 

But the country is experiencing signs of a new economic downturn. Youth unemployment is rising, exports have been falling and property investment is down. 

Clive Myrie presents BBC News at Ten reporting by China correspondent Stephen McDonell.

Britain’s Mortgage Crisis!

Rising mortgage payments are squeezing the finances of millions of borrowers in Britain, threatening to undermine household spending and the broader economy. 

The dream of a soft landing that would have the Bank of England squeeze out inflation without condemning the country to a recession looks increasingly remote. 

Inflation has been more stubborn than expected and is forcing the central bank to go with a bigger-than-expected rate hike that took the key rate to 5%. 

What does this mean for British housing affordability?

Are We Having 1929 Again? -Warren Buffett

Warren Buffett explains the 1929 market crash and shares his thoughts on how to deal with events of today.

Warren E. Buffett is an American investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.

Tesla CEO Elon Musk on Trump, Twitter, Job Cuts, Recession Risks

Tesla Inc. CEO Elon Musk discusses his planned acquisition of Twitter Inc., his view that a US recession is likely, and the outlook for job cuts at Tesla. In an interview with Bloomberg News Editor-in-Chief John Micklethwait at the Qatar Economic Forum, he also comments on supply constraints and whether he would support Donald Trump in the next US presidential election.

How does raising interest rates control inflation? - The Economist

When central banks raise interest rates, the impact is felt far and wide. Mortgages become more expensive, house prices might fall and unemployment can rise. So why do central banks do it? This film tells you why.

"Most People Have No Idea What Is Coming..." - Charlie Munger's WARNING

Charlie Munger warns investors of what’s ahead for the markets. He says, the trouble that’s coming could be worse and harder to fix than what was experienced during Volcker’s era that ended up with a huge recession. Being a vice chairman of Berkshire Hathaway and the closest partner (right hand man) of Warren Buffett, Charles T. Munger has a net worth of around $2 billion. He is a profoundly wise man who is absolutely worth listening to, especially when it comes to investing, the psychology of wealthy people, rationality, and life experience.

Covid-19: what will happen to the global economy? The Economist answers your questions....

The covid-19 pandemic has caused economic chaos and uncertainty. Zanny Minton Beddoes, editor-in-chief, and Edward Carr, deputy editor of The Economist, answer your questions about the global economy