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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Two Federal Reserve Bank presidents were positive about the economy in 2020, but offered a look at what worries them.
By Gary SiegelJanuary 13 -
Nonfarm payrolls gained a less-than-expected 145,000 in December, and the unemployment rate held at 3.5%. Slow wage growth suggests the economy will not overheat and the Fed can maintain rates.
By Gary SiegelJanuary 10 -
While Fed officials repeated their contention that monetary policy is appropriate and rates can be held if the outlook remains as expected, the situation with Iran could cause preemptive cuts, one noted economist suggests.
By Gary SiegelJanuary 9 -
President Trump announced sanctions on Iran, but with no signals about other retaliation, the markets appear convinced of no further escalation of hostilities.
By Gary SiegelJanuary 8 -
The Federal Reserve averted a yearend liquidity crunch, but its work is not finished, analysts say.
By Gary SiegelJanuary 7 -
While the impending signing of a phase one trade deal with China should help the manufacturing sector rebound, Boeing’s decision to halt manufacturing of its 737 MAX will be a short-term negative for the ISM index.
By Gary SiegelJanuary 6 -
While members of the Federal Open Market Committee believe monetary policy is in a good place, several factors have the power to change that.
By Gary SiegelJanuary 3 -
President Trump’s New Year’s Eve announcement that he will sign a phase one trade deal with China will offer some stability to those hurt most by the trade war and should allow the Federal Reserve to keep monetary policy accommodative, according to analysts.
By Gary SiegelJanuary 2 -
Craig Bishop of RBC Wealth Management's portfolio advisory group, has retired and Tom Garretson will assume many of his responsibilities, the firm said.
By Gary SiegelDecember 27 -
The markets will build on 2019’s gains next year, as they withstood “trade tensions, impeachment, and geopolitical uncertainties” with the economy posting a record 11th year of expansion, according to economists.
By Gary SiegelDecember 26