BUSINESS
Nowhere to hide
If you want to understand the fear that pervades markets now, you have to look at the dollar
BUSINESS
The hunt for Goldilocks: Central banks search for neutral rates
The tricky part: Policymakers get it wrong and let inflation jump out of control by keeping rates too low, or trigger a brutal recession by increasing too much
BUSINESS
Mohamed El-Erian writes: The dollar’s rapid rise increases risks for global economy
The concern is particularly acute for low-income countries hampered also by high food and energy inflation
BUSINESS
China’s economic activity plummets as COVID lockdowns hit growth
China’s economy had already been under pressure from a liquidity crisis across its highly leveraged real estate developers and a wider property slowdown as home sales collapsed
BUSINESS
The oil slick effect, or why we systematically overgeneralise
In the 1970s, the psychologist Barry Staw gave a collaborative task to groups of strangers, inviting them to analyse some corporate data and make predictions about the company’s future earnings and sales.
BUSINESS
Can Xi Jinping vanquish COVID without crushing China’s economy?
Despite the intensifying economic pain, few expect Xi to relax his zero-COVID campaign before securing an unprecedented third term
BUSINESS
The sun starts to set on Wild West days of crypto
Concerns over money laundering and market crashes are growing as more consumers bet on digital assets
BUSINESS
Edward Yardeni writes: Investors are too bearish about the US stock market
Investors are much more concerned than industry analysts are that tighter financial conditions will cause a recession
BUSINESS
Making sense of the gyrations in the market
Amid the wreckage, the market might be telling us something useful
BUSINESS
The Fed has no plan
And are bonds in a bear market?
BUSINESS
Margins look peaky
Corporate margins have come off their peak, but are still near all-time highs and are well above pre-pandemic levels
BUSINESS
What does Elon Musk’s Twitter deal mean for Tesla?
The larger question for shareholders in Tesla: To what extent Musk’s latest curiosity will distract him
BUSINESS
Meta: Facebook pivots from metaverse to TikTok
Shifting to short videos has a risk. But it might help Meta deal with market saturation
BUSINESS
Martin Wolf writes: War in Ukraine is causing a many-sided economic shock
The war has added to already pervasive stresses on economies, international relations and global governance
BUSINESS
The threat of a global ‘buying strike’ rises as cost-of-living hits
The worry now is that anything people can cut back on may take a hit if food, fuel and (in places like the US) housing costs remain high
TRENDS
The fun way to predict the unpredictable
In a new book titled, McGonigal argues that games can teach us something about the future
TRENDS
Baby bust: Global demographic trends create tough choices
Population trends are some of the strongest forces in economics, affecting global prosperity, the growth of individual nations and the strength of public finances
BUSINESS
Musk’s bid will change Twitter even if it fails
The success of his $43-billion bid depends on funding, rivals and executives — and Musk keeping interest
SECTOR
Fed tightening sends US ‘real yields’ to brink of positive territory
The 10-year real Treasury yields have soared more than 1 percentage point since early March, hitting a high of minus 0.05 per cent on Monday
BUSINESS
Investors seeking havens must weigh geopolitical risks of China versus US
Safe assets, like reserve currencies and financial centres, have largely lost their pre-eminent status thanks to war
BUSINESS
How Elon Musk could fund his $43bn Twitter takeover
Share pledges and finding a deep-pocketed partner among ways Tesla chief could pay for his latest scheme
BUSINESS
The supply chain crunch requires co-ordinated solutions
Global shortages during the pandemic are down to long-term weaknesses that must be urgently addressed
BUSINESS
Central bankers cannot afford to ignore the pain in commodities
Bailouts are a last resort but action will be inevitable if market stress becomes systemic
BUSINESS
Metal stockpiles shrink as energy prices hit production
The trend has been most striking in zinc, where prices have hit a 16-year high of almost $4,400 a tonne
