By Thomas Gilbert | January 31, 2019 The Federal Reserve policy equivalent of a sharp 90-degree turn. On Jan. 30, the U.S. central bank signaled that it was done raising benchmark interest rates after two years of aggressive rate hikes. As such, the Fed held its target rate steady at a range of 2.25 percent… Read More »
January 30, 2019 President Donald Trump plans to deliver an “aspirational” and “visionary” State of the Union address on Feb. 5, calling on Congress to work with him on bipartisan issues like infrastructure and health care. The speech was delayed by a week after Speaker of the House Nancy Pelosi disinvited Trump until he ended… Read More »
By Jennifer Johns,| January 22, 2019 Global leaders have descended on the Swiss ski resort of Davos for the World Economic Forum’s annual meeting. This year’s theme is “Globalisation 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution”. On the agenda is how countries can respond to and shape changes in… Read More »
By Jordan Schoenfeld| January 18,2019 The creation of the index fund in 1975 revolutionized investing, lowering costs for millions of ordinary investors. Their inventor John Bogle died on Jan. 16 at the age of 89. Bogle took a complex universe of thousands of stocks and reduced it to a simple, singular entity, the index fund. Through… Read More »
By Peter Hilsenrath and David Wyant | January 18, 2019 Since his winning presidential campaign, Donald Trump has been repeatedly billed as a disrupter. From trade and foreign policy to immigration, Trump has consistently tried to shake up the status quo. As experts in health care management and policy, we believe the president should now focus… Read More »
By Terrence Guay| January 16,2019 Brexit is beginning to look a lot like an “escape room” with no exit. An escape room is an increasingly popular adventure game that requires participants to solve a series of puzzles before they can leave the room and advance into another one with additional riddles. Brexit now seems to be… Read More »
By Richard Brody | January 14, 2019 Many people appear, to automatically, believe, people, who rent a place to live, aren’t able to afford, to buy a home. However, many individuals, don’t want to own a house (prefer to rent), for a variety of other reasons. This may be, because they are uncertain of how long, they will… Read More »
By Barry Eichengreen | January 4, 2019 New Year’s Day 1999 saw the largest monetary changeover in history. On that date, just 20 years ago, 12 members of the European Union formally adopted a brand-spanking-new currency, the euro. Today seven additional EU member states use it, along with Montenegro, Kosovo, Andorra, Monaco, San Marino and… Read More »
By Michel A. Bell | December 27, 2018 General Motors’ notice to shutter several plants reminds us that corporate welfare does not produce long-term sustainable businesses. It’s a band-aid and a colossal waste of taxpayers’ funds. Government could apply those funds to help retrain workers, assist them to find new jobs, and minimize loss of income during the… Read More »
Tweet power. nopporn Costas Milas, Theodore Panagiotidis and Theologos Dergiades | December 5, 2018 Can a single tweet make a country’s currency depreciate by 16%? Apparently it did on August 10, when Donald Trump tweeted that US tariffs on Turkish steel and aluminium would rise sharply. Amid 36,100 retweets, and calls by Turkish President Recep… Read More »