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Larry Summers 'Glad' IMF Recognizes 'Gravity' Of British Situation: Here's His Take On Inflation
Tuesday, September 27, 2022 - 10:09pm | 462Read More...Former Treasury Secretary Lawrence H. Summers has expressed his delight at the International Monetary Fund urging the United Kingdom to re-evaluate its unprecedented tax cuts. What Happened: Summers on Tuesday shared a Financial Times article that reported on the IMF...
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Former Treasury Secretary Larry Summers Vs. Janet Yellen: Is A Recession Inevitable?
Monday, July 25, 2022 - 4:12pm | 496Read More...Many economists, notable investors, CEOs, and media outlets have been trying to predict the course of the U.S. economy, however, former U.S. Secretary of the Treasury Larry Summers has been accurate when speaking on surging inflation and supply-chain issues. What Happened: According to a Sunday CNN...
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The Infrastructure Bill And Inflation: Economists Are Divided
Tuesday, September 7, 2021 - 8:13am | 498Read More...The infrastructure deal and the Build Back Better plan — which could be passed through reconciliation due to a lack of support in Congress — is part of the ongoing inflation debate. Essentially, the question is whether inflation will continue to increase, or moderate...
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Is It 2009 All Over Again? Two Takes From Cramer, Summers
Tuesday, August 6, 2019 - 2:33pm | 311Read More...Monday's major sell-off in U.S. stocks prompted former Treasury Secretary Larry Summers to say the country may be "at the most dangerous financial moment since 2009." Taking the other side of the debate is CNBC's Jim Cramer, who said there are no similarities to the financial...
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Kudlow, Others Weigh In On Fed's Independence After Trump's 'Loco' Remark
Thursday, October 11, 2018 - 12:12pm | 603Read More...President Donald Trump said Wednesday the Federal Reserve is "going loco and there's no reason for them to do it." On Thursday, White House National Economic Council Director Larry Kudlow emphasized the Fed's independence and said Trump is not dictating any of its policies from...
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Former U.S. Treasury Secretary Larry Summers Offers Donald Trump Some Tips
Thursday, November 10, 2016 - 2:31pm | 308Read More...Former U.S. Treasury Secretary Larry Summers was a guest on Bloomberg TV and offered some tips for Donald Trump ahead of his presidency. Currency Manipulation The conversation began surrounding currency manipulation. Specifically, Trump accused China of manipulating its currency and said that as...
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SALT 2016: What Does Our Next President Need To Do?
Wednesday, May 11, 2016 - 1:43pm | 496Read More...The first conversation at SALT 2016 was called "Tomorrowland – Looking Back to Move Forward: A Global Macoreconomic Forecast,” hosted by David Rubenstein. He began by asking what happens after this presidential election -- can we jumpstart the economy? Economist Larry...
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SALT 2015: Boom, Bust Or What? Economists Discuss World Markets
Friday, May 8, 2015 - 3:30pm | 674Read More...Is the market heading for a boom, a bust or something else entirely? Friday's first panel at the 2015 SALT conference consisted of economists from all over the world. Matthew Bishop, globalization editor for the Economist, served as the panel moderator. Panelists included Jose Luis Daza, founder...
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Larry Summers Takes Fight To Nassim Taleb At SALT 2014
Saturday, May 17, 2014 - 1:20pm | 855Read More...Larry Summers, Harvard Professor and member of the White House National Economic Council during the financial crisis, went head-to-head with Nassim Taleb, author of The Black Swan. Sparing no niceties, Skybridge Managing Partner and Founder Anthony Scaramucci jumped right in, asking Summers, “...
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Larry Summers On Why Economic Growth Over Next Five Years Is Crucial
Thursday, January 23, 2014 - 12:38pm | 441Read More...Lawrence “Larry” Summers, former U.S. Secretary of the Treasury, former President of Harvard, and former Director of the White House United States National Economic Council, appeared on CNBC's Squawk Box where he discussed the importance of building out infrastructure during a tepid economy. “I...
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Experts Comment On Market Reactions To Larry Summers
Monday, September 16, 2013 - 4:43pm | 342Read More...IHS Chief Economist Dr. Nariman Behravesh and Federated Investors' Chief Equity Strategist Phil Orlando went over the possible market reactions to Larry Summers removing his name for chair of the Federal Reserve, just before the Federal Open Market Committee meeting this week, on CNBC's Squawk Box...
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If Everyone Hates Larry Summers, He Can't Be All Bad
Monday, September 16, 2013 - 10:35am | 444Read More...If people on both sides of the political aisle hate Lawrence Summers, then perhaps he's the right man for the job. Summers dropped out of the race to succeed Ben Bernanke as chairman of the Federal Reserve because he thought getting confirmed would be a difficult battle as a number of Democrats in...
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The Top 10 Financial Tweets For Friday, July 26
Friday, July 26, 2013 - 9:02am | 1307Read More...There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. Reuters Business Reuters Business (@ReutersBiz) tweeted an article about UBS's (NYSE:...
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Credit Suisse Says Larry Summers Appointment to Fed Chair Brings More Uncertainty Than Yellen
Wednesday, July 24, 2013 - 2:43pm | 301Read More..."A Summers chairmanship would bring with it more initial uncertainty; the markets know Yellen's views on monetary policy better than they know those of Summers," wrote Credit Suisse U.S. Economist Neal Soss this morning. For months, it was believed that current Vice-Chairwoman Janet Yellen would...
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SLIDESHOW: Who Will Succeed Bernanke?
Monday, June 24, 2013 - 10:51am | 177Read More...Last week, fears began to rise over the impending exit of Fed Chairman Ben Bernanke from his current office. However, for those in the know, the move does not come as a shock as it was previously known that his term ends in January at that President Obama had not offered him the option to stay on...















