With the market approaching its all-time highs, it would seem safe to assume that everything will turn out okay and that the V-shaped recovery is well on track. But even if those positive assumptions pan out (which is certainly not guaranteed), should we be concerned about where the market is right now? Let’s take a closer look at the details to find out.
Category: Markets
The Fed’s First Black President Is Speaking Out About Economic Inequality
Atlanta Fed President Raphael Bostic—the first Black president in the history of the central bank—wants policymakers to take action to address inequalities in the economy, he told Bloomberg in an interview; Bostic’s comments come amid a renewed push for the Fed, long viewed as the protector of the wealthy Wall Street elite, to do more to combat systemic racism and economic injustice.