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The Markets   It’s MESSI!   No, this commentary is not about Lionel Messi, the Argentine soccer phenom who is widely regarded one of the greatest footballers of all time. However, it is about something that economists say may be as rare as Messi’s talent: Moderating...

The Markets   There was a gapers’ block in financial markets last week as equity investors slowed to see what the United States Treasury bond market was up to.    U.S. Treasury bonds rallied last week. Yields on 10-year Treasuries dropped from 1.43 percent at the...

The Markets   Investors weren’t happy with central banks last week.   After the Federal Open Market Committee (FOMC) meeting, Federal Reserve Chair Jerome Powell confirmed the economy is recovering more quickly than anticipated:   “With the reopening of many...