Ending quantitative easing, cutting your inflation outlook, and keeping yields under control is a tall order. The ECB president has managed it.
It’s blowing away oil-production-cut targets because it has no choice.
An economic slowdown might actually extend the life of the expansion and the bull market in equities.
Investors shouldn’t celebrate too soon. The 2.4 percent deficit target wasn’t the worst thing about the populists’ budget. The details matter.
The pound’s rebound as the U.K. prime minister survived a confidence vote looks justified. Also, financials are struggling.
A big day for stocks leads market commentary.
Selling debt is a short-term fix that could exacerbate a challenging long-term problem.
New arguments against low-cost, passive investing are no better than the old ones.
Popular in Opinion
He has three ideas for fighting a campaign-finance indictment.
The two modern Washington scandals give us a way to judge the president.
They’re simply very unlikely to happen, and as Trump’s position continues to weaken, it becomes even less so.
Millennials, like generations before them, just got a painful lesson about speculation.
It’s hard to get excited by a big rebound when bank stocks don’t participate.
Softening U.S. yields and falling factory prices have turned the $2 trillion market for government securities into a haven.
An overreaction in stocks leads market commentary.
It wasn’t smart to dump a dovish Fed chief, run up the deficit, and start a trade war. Trump did all three.
The oil giant’s big bet on Permian renewables shows how the economics of the electricity market are changing.
A plan to sell $300 billion of 40-year bonds only to pension funds cuts out too many investors.
It’s natural that Urjit Patel couldn’t stomach the attack on the RBI’s autonomy. But he should reveal what the government is telling it to do.
The issue isn’t that there are now about 3.7 million market gauges, but that so few have attracted so much money.
The world’s biggest IPO since 2014 has lots to delight retail investors – and a few things to provoke nerves.
The most common explanations for market volatility don’t exactly add up. Also, currency wars, Macron and CAPE musings.
Its OPEC-plus production cut shows its economic need overpowers its fear of angry tweets.
Every year, the prognosticators come out of hiding. You have to wonder why they bother, given their record.
Strip out some awful bets on equities, and performance starts to look pretty good.
Trump’s signature economic policies are at war with each other.
After years of central bank quantitative easing, little makes sense. Also, there’s a clash of tech titans and London’s calling.
Overlooked positive indicators lead market commentary.
Two-year U.S. yields lurch lower as traders grow confident the Fed will stop raising rates.
After a week of raising expectations, it has now raised them even higher by failing to agree on cuts.
The difference between the earnings yield on stocks and the yield on cash is a good bear-market indicator.
Just about everyone I talk to on Wall Street acknowledges that things are slowing down.
Treasuries are getting all the attention, but corporate borrowing could be more telling for equities.
Bund yields shouldn’t be one-quarter of a percent. Europe’s not in a crisis, so the main explanation must be expectations of fewer Fed rate hikes.
There’s just too many risks facing the region to be sucked in by relatively low P/E ratios. Also, Italians are phlegmatic.
Rick Rieder saw through the “long way from neutral” comment that roiled markets.
The euro zone’s finance ministers have missed a chance to make sure blameless member countries would be more resilient in a sovereign crisis.