Economics

The European Central Bank will slow its bond buying program sooner than investors expect as economic data in the region improves, according

The rebalancing of global current accounts has been hailed as a major positive development since the financial crisis. But it is in the years

Japanese Prime Minister Shinzo Abe must rethink his Abenomics program in its entirety.

So far, only Abenomics’ third and final arrow,

By letting the yuan drop sharply against the U.S. dollar, Chinese authorities deterred excess inflows in recent days and proved the yuan not

The rebalancing of global current accounts has been hailed as a major positive development since the financial crisis. But it is in the years

Last October, the acrobat Adili Wuxor walked, without safety nets, 100 meters above the Great Wall of China. His feat emulated what Chinese

One of the most common questions investors ask today is: “Are we in a bubble in financial assets?” It is easy to understand where such

While many analysts fear that quantitative easing is blowing a bubble in U.S. stocks, UBS is increasing its allocation, citing earnings expectations.

The convulsions in Washington are not about whether Congress and the President can find a way to raise the debt ceiling and re-open the government.

Up to 60 percent of global transactions are conducted in U.S. dollars, more than one-third of world economic output is produced in dollar

Up to 60 percent of global transactions are conducted in U.S. dollars, more than one-third of world economic output is produced in dollar

The first-quarter earnings season is well under way and the S&P 500 has hit a record high. US companies are earning more per dollar of

In nature, some animals have very poor eyesight, such that they can hardly see anything that isn’t moving. In the film Jurassic Park,

Side effects are unavoidable in the pharmaceutical industry. All drugs cause them, but sometimes they lead to great opportunities. Think Viagra,

Side effects are unavoidable in the pharmaceutical industry. All drugs cause them, but sometimes they lead to great opportunities. Think Viagra,

In folklore, a silver bullet is a popular way to slay the monster. In the real world, we are used to hearing policymakers tell us there are

The Euro should not exist.

More specifically, the Euro as it is currently constituted – with its current structure and current membership

Titles of books are funny things. In theory, they succinctly convey the content. Yet in the case of Perry Mehrling’s latest book, The New

After US Treasury Secretary Hank Paulson’s brave stand on “moral hazard” at the weekend, it took less than 48 hours for pragmatism to