Tag: commentaries

Opinion: If you want to fix climate change, you need to fix this flaw in conventional economic thought

BRUSSELS, Belgium (Project Syndicate)—Nowhere are the limitations of neoclassical economic thinking—the DNA of economics as it is currently taught and practiced—more apparent than in the...

Opinion: Saddle up for a summer rally in the stock market

Brace for a summer rally. COVID shutdowns caused the most dramatic economic contraction since the Great Depression but in 2020, the Federal Reserve printed $3.1 trillion to...

Opinion: Raise the minimum wage to $12 an hour

Democrats want to raise the minimum wage to $15 an hour to address inequality, but that might not be the best way to fix that problem. Conservative—and...

Does Asia’s superior response to COVID mean that the ‘Asian Century’ has begun?

LONDON (Project Syndicate)—In the early stages of the COVID-19 pandemic, it was common to divide countries and their responses according to their political systems, with...

Trade will be the toughest test for Biden’s foreign policy

Joe Biden campaigned on a platform to restore America’s standing in the world by repairing ties with our allies, create greater domestic equity through improvements...

How Biden can get the two tribes of America to trust each other again

Getty Images This is a precarious moment. With Donald Trump still recklessly and falsely proclaiming that he won and the COVID-19 pandemic causing new extremes...

I’m not OK, and that’s OK: Being open about mental health in the (remote) workplace

Over the past 2 1/2 months, I’ve had countless colleagues confess to me that they are struggling. They’re struggling with the monotony and isolation of...

Don’t even think of owning stocks unless you’re willing to buy and hold for at least 10 years

With U.S. stocks having recovered from its March waterfall decline to within 13% of its Feb. 19 all-time high, many are wondering if it’s safe...

Economic expert with perfect record calling recessions is betting this one will be over by the end of 2020

Last summer, when the U.S. had just notched a decade of economic recovery and unemployment stood at 3.7%, Campbell Harvey, a professor of finance at...

People can’t wait to go golfing, boating and camping — and these ‘great outdoors’ stocks may be the beneficiaries

Let’s face it, as Covid-19 lockdown restrictions ease, we aren’t going back to “normal.” Even if the virus subsides, which is by no means a...

In a replay of 2008, high-risk subprime loans could worsen this financial crisis

In April, Moody’s placed 20% of its rated collateralized loan obligations (CLO) (valued at around $22 billion) on review. The decision carried ominous echoes of...

Despite the stock market’s breathtaking rally, investors are closer to despair

Investors are not nearly as euphoric as you might think, and that’s encouraging from a contrarian point of view. The U.S. stock market’s rally since...

Stock market investors are oblivious to the potential calamity of negative interest rates

The stock market’s party is getting louder on news that the U.S. and China are talking about trade. And more Champagne is being poured even...

Biotechnology experts who understand both science and investing are skeptical of the stock market’s strength

Well, maybe just enough to be dangerous, as the saying goes. While investors have driven a rally in the Dow Jones Industrial Average DJIA, +1.90%,...

A radical idea to rescue U.S. households now—without adding to the national debt

It’s hard to believe that so many have become so broke so fast. While stock market investors may have taken a haircut from the coronavirus...

How the coronavirus pandemic could forever change home buying and mortgage lending

Extraordinary times call for extraordinary measures. Business leaders in all parts of the U.S. economy are taking bold steps to respond to the coronavirus crisis....

Here’s why those skimpy bond yields are actually higher than average

Believe it or not, short-term interest rates currently are above average. I bet you think that’s a typo. Didn’t interest rates just plunge to levels...

It’ll be ‘Happy MAMA Day’ when we Make America Manufacture Again

It’s understandable why so many American manufacturers moved their operations to China. They saved money on production, increased margins, and competed more effectively. Producing abroad...

Treating coronavirus will cost us billions — and guess who will pay

As states push to reopen businesses, arguing their economies are losing too much money under current coronavirus precautions, they can’t ignore the other side of...

Three forecasts that will shape the economic recovery this year

Economic forecasting is challenging in the best of times, let alone during a global pandemic, but there are always scenarios that are more likely than...

Coronavirus is crushing emerging markets. Why the rest of the world will pay a price

Without adequate public health resources, the ability of developing countries to deal with the coronavirus pandemic is questionable. While home to around half of the...

Seven stock picks from a five-star money manager’s ‘disruptive’ portfolio

Alex Ely, manager of the $1.9 billion Delaware Smid Cap Growth Fund, says disruptive companies that have taken market share in the coronavirus crisis will...

Apple shows its investors some love as Amazon tells them to take a seat during coronavirus

Apple Inc. and Amazon.com Inc. are taking drastically different approaches toward their investors, reflecting the separate challenges the tech giants face during the COVID-19 pandemic....

Gold timers have now turned bullish, so don’t look for the metal to shine

The gold-timing community has become exceedingly bullish, and contrarian investors know that excessive bullishness is a bad short-term omen. Consider the average recommended gold GC00,...

Stimulus checks need to arrive faster so Americans can get all the coronavirus money Washington has promised

In battling the coronavirus crisis and its effects, every second counts. Technology and the speed with which it can be deployed determines financial survival, quality of...