BUSINESS
Trump risks making the same economic mistakes as Biden
Much like his predecessor, the current president is eager to talk about the benefits of his policies but reluctant to confront their costs
WORLD
Harris or Trump: America’s free-lunch economy is over
Higher interest rates mean that the next president, whoever it is, will find it much harder to reduce taxes and increase spending
BUSINESS
What makes economies grow? It’s not tariffs
By proposing trade barriers and tariffs, politicians are promising a return to an idealized past, but successful economic policy is focused on the future
BUSINESS
Inequality isn’t the problem. Uneven growth is
The focus should be less on the gap between rich and poor and more on how to ensure that economic gains are widely shared
BUSINESS
US recession fears should be much milder this time
The economy is in much better condition now than it was a decade and a half ago, so a downturn is less scary
BUSINESS
The private equity bubble is about to deflate
Whether valuations fall suddenly or gradually, the industry is due for a reckoning, and the consequences for the economy are dire
BUSINESS
US Markets: Volatility is about to make a comeback
A transformative period may be imminent for the US and global economy — and it will bring more risk
BUSINESS
Private equity is no place for your nest egg
Yes, public markets are risky, but at least they are transparent, and they remain the best option for all but the most experienced investors
BUSINESS
Cancer horoscope Today, May 19, 2024: Ganesha says Sharp thinking can aid in making swift and correct financial decisions today
Today could be favorable for stock market professionals. Entrepreneurs may find opportunities to grow their businesses. However, they might encounter challenges in educational pursuits. Valuable advice from them could prove beneficial in the professional environment.
BUSINESS
Higher for longer? Rates could be higher forever
If borrowing costs remain elevated, there will be greater downside risk for investments. But it's not all bad
BUSINESS
Think Gen Z has it too hard? Too easy? You're right
In the war among the generations over how hard it was when they were young, everyone has a point
BUSINESS
Do passive investors make markets less efficient? The answer is no
Can markets still be efficient if most investors aren’t even paying attention? Surprisingly, the answer is yes
BUSINESS
US housing market could be pitting Gen Z against the millennials
When rates were low, many homeowners — including millennials — locked in low rates and now won’t move. This will restrict supply and keep prices high. As Gen Z looks to buy their starter homes, they will face both high rates and high prices. It may be years before the housing market is affordable again. This could create even more intergenerational conflict between cheap-mortgage-paying millennials and high-rent-paying Gen Zers
BUSINESS
Constitutional or not, wealth taxes are bad economics
Subjecting companies to an annual tax on their value would create an incentive to keep companies private, because the firm's value will be easier to manipulate. A tax on unrealised gains would probably lead to wealthy people keeping most of their wealth in privately owned assets. This reduces transparency and deprives others the chance to invest in growing companies
BUSINESS
The US economy is dynamic again, but will it last?
No doubt the post-pandemic boom in new business formation is promising. But it probably won’t transform the economy anytime soon as small biz is vulnerable to recessions. Like working from home, another trend enabled by technology, working for yourself will require a change in culture and norms. And that could take a while
BUSINESS
US automobile industry sees the spectre of pensions raising its head again
Pensions have been cited as one of the reasons for the decline of the US automobile industry. They are no longer a fit for the modern economy where younger workers are more likely to change jobs, and so would be better off with higher pay and a more portable plan, such as a 401(k)
BUSINESS
Big US stocks surely can't outperform forever
Was Warren Buffet right all along and you should just invest in the S&P 500 with a bit in bonds as a hedge? Yes — at least so far
BUSINESS
Pension funds share blame for private equity’s horror stories
The promise of high returns — whether true or not — has encouraged retirement funds to pour money into PE investments, with terrible results
BUSINESS
Even a recession might not tame inflation
There are a lot of moving parts to the economy, and as the last three years have demonstrated, things don’t always work as you expect
TRENDS
Less work is making people more unhappy
A four-day week is the ultimate worker fantasy, yet we’re already working less than previous generations and feeling more burned out
BUSINESS
Fed’s credibility can’t take a soft landing
If it doesn’t want to push the economy into recession, the central bank will probably have to abandon its 2 percent inflation target
BUSINESS
We’re probably all wrong about interest rates
The widely accepted idea that rates will eventually fall back to pre-pandemic levels is based on economic theories that may turn out to be backward
BUSINESS
A soft landing won’t mean the economy is safe
Even a “Goldilocks” Fed will have to deal with the three bears of inflation, disease and politics
WORLD
Generation Z is getting a harsh lesson in stock risk
A whole new crop of investors is learning that bear markets are a fact of life and should adjust accordingly
