• Alan Greenspan Remembers 9/11

    On the afternoon of September 11, 2001, I was flying back to Washington on Swissair Flight 128, returning home from a routine international bankers’ meeting in Switzerland. I’d been moving about the cabin when the chief of the security detail that escorted me on trips abroad, Bob Agnew, stopped me in the aisle. Bob is…

  • Dr. Chuck Lieberman: Weekly Unemployment Claims Lift Optimism on Wall Street

    U.S. futures pointed to a higher open on Thursday ahead of weekly jobless data which was expected to fall to 345,000 from 353,000 a week prior. Chuck Lieberman, Partner and CIO at Advisors Capital Management joined Wake Up with Cheddar for more. The foregoing content reflects the opinions of Advisors Capital Management, LLC and is…

  • Waiting for the Fed

    By Chuck Lieberman, Co-founder & CIO The August employment report actually fit in quite well with investor expectations, even though job growth was well below the consensus. Hiring is being held back by the Delta variant and the unwillingness or inability or people to return to work, even as firms increase pay to attract or…

  • Dr. JoAnne Feeney: Investors should be positioned in stocks that will do well as Fed tapering begins

    JoAnne Feeney of Advisors Capital Management says the reopening trade isn’t dead, but it’s postponed, and discusses how investors should position themselves around that. The foregoing content reflects the opinions of Advisors Capital Management, LLC and is subject to change at any time without notice. Content provided herein is for informational purposes only and should…

  • Animal Spirits and Economic Modeling

    By Dr. Alan Greenspan, Senior Economic Advisor Unprecedented amounts of fiscal and monetary stimulus have driven stock prices to all-time highs, now sitting near double the lows seen during the depths of the coronavirus-driven panic. However, with the debt ceiling holding back further borrowing by the U.S. Treasury, thousand-dollar stimulus checks and trillion-dollar stimulus packages…

  • CNBC’s ‘Squawk Box’ team discusses the impact of Afghanistan’s collapse

    CNBC’s ‘Squawk Box’ team discusses the impact of Afghanistan’s collapse, the Fed’s next move and markets with Greg Branch of Veritas Financial and Joanne Feeney of Advisors Capital Management. The foregoing content reflects the opinions of Advisors Capital Management, LLC and is subject to change at any time without notice. Content provided herein is for…

  • Stimulus Spending, Inflation, and the Recovery

    Fourteen months after the country shut down in response to COVID-19, America seems to be turning the corner. Real gross domestic product will likely surpass its pre-pandemic level by the middle of this year and new jobless claims continue to fall steadily. Nearly 50% of the total population have received at least their first vaccine…

  • Infrastructure and Productivity

    President Biden recently announced the outline of his much-anticipated American Jobs Plan, commonly referred to as the “Infrastructure Bill”. Despite a name that aspires to benign bipartisanship common to pieces of legislation, it has unsurprisingly failed to avoid the level of debate and scrutiny one would expect of a $2.3 trillion government spending package. One…

  • Gold: The Historical Reserve Currency

    As humans evolved from small groups of nomadic hunter-gatherers towards larger and more complex societies, they were inevitably confronted with the need for mediums of exchange. Two forms of money arose from this need: representative money and commodity money. Representative money, which pre-dates the invention of coinage, is money that has no intrinsic value but…