Debate Rages on Wall Street: Are Interest Rate Hikes Fueling US Economic Growth?  As the US economy continues to perform strongly month after month, creating hundreds of thousands of new jobs and surprising experts who had predicted a looming downturn, some on Wall Street are beginning to consider a fringe economic theory. They're questioning ...

Earlier today, it was emphasized that on Wall Street, the prevailing consensus view, particularly regarding the strong conviction that Treasury yields would decline in 2024, was unlikely to materialize. The Federal Reserve Bank of Philadelphia's survey from January illustrated an unprecedented level of expert conviction in an imminent recession.As ...