Weekly Market Compass

Economics is full of inherent contradictions — and wisdom for those with the humility to unpack them.

A great deal has been written about the demise of FTX, the cryptocurrency exchange run by Sam Bankman-Fried (SBF). Many of the post-mortems have focused on potential fraud, drawing comparisons to Enron’s collapse in the early 2000s. Less ink has been spent on...

This coming Thursday, Americans celebrate Thanksgiving. Thanksgiving is a family gathering, thankfully without the obligation of gift-giving. It is a holiday to reflect on that for which we are grateful. Turkey is the mainstay of the traditional Thanksgiving dinner. A...

Trick or treat? This cycle still looks more likely to deliver the mischievous than the sweet.

The exact experience of the UK crisis will probably not be repeated elsewhere, but financial stress and crises are the norm when monetary

Stocks and bonds will not find a sustainable bottom until investors are confident that market prices fully discount the degree to which central

Don’t be fooled by mixed signals. The world economy is slowing down and recessions are arriving.

In American sports, the final quarter is often when the game is decided. Investors hope Q4 will salvage an awful year — they may be disappointed.

The economic and financial market outcomes now unfolding will be unpleasant, but they are not likely to be cataclysmic.

Environmental, social, and governance investing is fundamentally about finding new ways to manage risk.

It is premature to conclude that weak profits will force equity valuations down significantly.

Summer is over and it is time for investors to get back to work. It may be hard labor.

The Federal Reserve’s annual Jackson Hole conference is about to begin — don’t expect much clarity.

Short-term productivity growth is likely to come in weak, but the real problem is that American workers’ productivity gains have been suffering

As investors get ready for an August break, most anticipate smooth sailing ahead — but many an August vacation has been ruined by market

Investors are confused. Since early June US bond yields have gyrated like a drunken sailor, first soaring, then collapsing, and then surging

‘Recession now’ may not be what investors were hoping to hear, but it is probably preferable to the alternative of recession later.

Unless we take action to restore justice, our children will grow up in injustice. Now is the time to act.

QE is ending and QT is starting — is it time to prepare for temper tantrums?

The Fed is ready to wield the hammer of monetary policy on the nail of inflation – thumbs are going to get bruised.

Has an ‘all clear’ has been issued in the form of ‘peak inflation’, paving the way for investors to return with gusto into global