- XLUBarrons.com•7 hours ago
“Clowns to the left of me, jokers to the right.” Those may not have been the lyrics running through the head of Federal Reserve Chair Janet Yellen last week at the annual policy symposium in Jackson Hole, Wyo., but it might be understandable to have had thoughts along those lines. Before the official proceedings, senior central bank officials held an extraordinary meeting with members of an activist group, Fed Up, who argued against interest-rate hikes. Rate increases could slow the decline in unemployment and hamper progress for African-American and Hispanic workers.
- EEMBarrons.com•7 hours ago
Emerging Markets Mexico investments have been viewed as safe-harbor emerging market risks with strong ties to the U.S. economy. While polls show Hillary Clinton ahead of Donald Trump in the U.S. presidential race, it promises to be a close call. Trump has said he would make Mexico pay for a wall to prevent illegal immigration.