From the Wells Fargo scandal to the Brexit vote and Donald TrumpDonald TrumpKinzinger welcomes baby boy Tennessee lawmaker presents self-defense bill in 'honor' of Kyle Rittenhouse Five things to know about the New York AG's pursuit of Trump MORE’s jobs deals to the post-election stock market rally, 2016 was quite a year for the markets and the economy. Here are The Hill’s Top 8 Contributors posts about finance and the economy.
By David Louton, Dec. 13, 2016
"Ordinarily the stock market hates uncertainty almost more than actual bad news, but in a reality where nothing is what it claims to be and mutually exclusive choices can exist comfortably side by side, it is easy to be seduced into believing that all important policy choices will be resolved in the most economically optimal ways."
By Michael J. Douma, Dec. 8, 2016
"Unless Trump can implement policy that sets consistent expectations, or is established in law so that it treats all companies the same, his attempts to reward and punish companies on personal whim will only contribute to the erosion of justice in the market and a further loss of faith in government, if such is indeed possible."
By Bert Ely, Dec. 28, 2016
"Wells’ management has only itself to blame for the wide-scale unauthorized opening of customer accounts. Now it must move expeditiously in cleaning up this mess, without hassling its customers, if it is to regain its status and reputation as one of the nation’s premier consumer banks. Whether Wells’ management is up to that task is still an open question."
By Justin Schardin, Dec. 14, 2016
"Amid the uncertainty of timing, Trump’s appointments will have a major impact on the future of the post-crisis financial regulatory structure. Trump should carefully select highly qualified people for these posts, and the Senate should thoroughly review and expeditiously decide whether or not to confirm."
By Michael Gapen, Dec. 14, 2016
"It is fair to say that the current level of interest rates is supportive of economic activity, but not restrictive, and reflects the Federal Reserve’s view that less monetary policy support is needed when the unemployment rate is 4.6 percent and the Fed’s preferred measure of inflation is 1.5 percent, only modestly below its 2.0 percent objective. The punch bowl remains on the table, but there is a little less punch left."
By Desmond Lachman, July 7, 2016
"In the months ahead, the overriding priority of U.K. policymakers should be to come to an early understanding with the U.K.'s European partners on the country's future relationship with Europe with a view toward minimizing investor uncertainty. Such an approach would not only be in the U.K.'s own economic interest, but it would also be in the interest of the rest of the global economy."
By Charles J. Skuba, Dec. 5, 2016
"While we still don’t know the new president’s overall China policy, talk of a 35 to 45 percent tariff on Chinese goods, labeling China as a currency manipulator, and taking a phone call from Taiwan’s president are all bold signals. Should we be worried about a U.S.-China trade conflict?"
By Kevin Borden and Jonathan Westin, Dec. 21, 2016
"Across the country, millions of Americans are living in the middle of an affordable housing crunch that has only gotten worse since the financial collapse of 2008 ... Culturally these families may not have a lot in common, and traditionally they may not have worked together on common political targets. But they now shared a common enemy: their private equity landlord."
The views of Contributors are their own and are not the views of The Hill.