Jerry Webman News
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Like a horror movie with multiple sequels, The Economy: Spring Swoon IV probably won’t be as surprising or as scary as its predecessors.
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The Federal Reserve’s plan to buy longer-term Treasuries has succeeded in bringing down interest rates while not convincing investors the unorthodox monetary policy will strengthen economic growth.
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The U.S. labor market withstood the impact of superstorm Sandy as job growth exceeded forecasts in November and the unemployment rate declined to the lowest since December 2008.
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Fed historian Allan Meltzer, a professor at Carnegie Mellon University, and James O’Sullivan, chief economist for MF Global Inc. in New York, said dissents by three Federal Reserve policy makers at today’s meeting in Washington highlight divisions among policy makers. They spoke after the majority on the Federal Open Market Committee voted to keep the benchmark interest rate at a record low at least through mid-2013.
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Oct. 3 (Bloomberg) -- Jerry Webman, chief economist at OppenheimerFunds, talks with Bloomberg's Stephanie Ruhle and Adam Johnson about how to protect your portfolio from the presidential election. He speaks on Bloomberg Television's "Lunch Money."
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China’s price pressures are driven primarily by food costs, and it will be some time before the country will export inflation to the rest of the world economy, according to speakers at a meeting hosted by Bloomberg Link.
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Federal Reserve officials decided to keep the central bank’s balance sheet at a record to spur the slowing economy after completing $600 billion of bond purchases this month.
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Aug. 20 (Bloomberg) -- Gamco Investors' Howard Ward and Oppenheimerfunds' Jerry Webman speak with Bloomberg's Matt Miller about the concerns that keep them up at night as investors. They speak on Bloomberg Television's "Bloomberg Rewind." (Source: Bloomberg)
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Federal Reserve Chairman Ben S. Bernanke pulled out all the stops to avert a depression last year. Now he and his colleagues must decide how to respond to the risk of a growth recession in 2011.
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July 20 (Bloomberg) -- On today's "Chart Attack," Oppenheimer Funds' Jerry Webman and Bloomberg's Adam Johnson look at housing. They speak on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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