Gary Siegel is a journalist with more than 35 years of experience. He started his professional career at the Long Island Journal newspapers based in Long Beach, N.Y., working his way up from reporter to Assistant Managing Editor. Siegel also worked for Prentice-Hall in Paramus, N.J., covering human resources issues. Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.
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As is usually the case, the largest bond deals appear headed for victory, although this year's tally seems to be slower than normal, given the COVID-19 pandemic.
By Gary SiegelNovember 4 -
No one expects any change to the fed funds rate target when the Federal Open Market Committee meets on Wednesday and Thursday, but that doesn’t mean there’s nothing to watch for.
By Gary SiegelNovember 2 -
Personal income increased 0.9% in September after a 2.5% decline in August, the Commerce Department reported Friday, while personal consumption grew 1.2% after a 0.7% gain in August.
By Gary SiegelOctober 30 -
The economic news was mixed again Monday, with home sales unexpectedly dipping, while two reads of manufacturing showed expansion continued, but one suggested a slower rate of growth.
By Gary SiegelOctober 26 -
Uncertainty has been the code word since March — about the length of the pandemic, about the election, and many other issues. The markets hate uncertainty.
By Gary SiegelOctober 23 -
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The economic news Friday was mostly positive, with consumers spending on clothes, cars and eating out, while manufacturing continues to suffer.
By Gary SiegelOctober 16 -
Although short-term volatility is certain, experts consider whether the long-term outlook would change depending on the winners.
By Gary SiegelOctober 9 -
The federal funds rate target should remain at the zero lower bound until inflation reaches 2% and remains headed higher, Federal Reserve Bank of Chicago President Charles Evans said Monday.
By Gary SiegelOctober 5 -
Payrolls were added and the unemployment rate fell, but some observers saw negatives in the September employment report.
By Gary SiegelOctober 2