IN ITS SCOPE and severity, the trade war took markets by surprise. On April 3rd, the day after President Donald Trump laid out an unprecedented array of tariffs, the Russell 3000, one of the broadest measures of the American stockmarket, fell by 5%. It then fell by 6% on April 4th, when China announced that it would strike back with a duty of 34% on all American goods. Market pricing in a range of asset classes tells a worrying story: investors are expecting a severe economic slowdown.
Although this year’s Nobel Memorial Prize in Economic Science winners are relatively favorable toward free markets, we should not forget...
Your truly is not keen about having to think as much about stock market price levels as seems warranted of...
Untere Schleuse wooden bridge in Thun, Switzerland.Education Images | Universal Images Group | Getty ImagesSwitzerland's government on Thursday cut its...
The Dutch government believed it could prevent China from stealing “crucial technological knowledge” by seizing a private semiconductor company, Nexperia....
QUESTION: You believe that Zelensky impedes peace with Russia? GB ANSWER: Of course, Zelensky, I believe, is a NeoNazi and...
Albert Bourla, CEO of Pfizer, Charlie Scharf, Wells Fargo & Company CEO and Kathy Warden, Northrop Grumman Chair & CEO...
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