A Top Morgan Stanley Strategist Says Europe’s Stocks Will Tumble Even More
Text size It could be a few months before European stocks become bargains, says Morgan Stanley’s Secker. Above, traders in Frankfurt. Daniel Roland/AFP/Getty Images European...
America Could Face Its Own Gas Crisis, or Worsen Europe’s
The summer heat isn’t quite over in the U.S., but a peek at domestic natural-gas stockpiles is a chilling reminder of price spikes that could...
Biden Student Debt Plan Would Send More to Richer Families, JPMorgan Data Shows
President Biden’s plan to forgive student loans would send more money to wealthier families than to poorer ones, but lower-income and minority households would be...
The Dollar Will Get Even Stronger. Why That Could Slam the Global Economy.
Even for mighty Microsoft , $595 million is a lot of money. That’s how much the software giant’s sales were reduced in the most recent...
Investors Want Clarity from the Fed. Why Powell Won’t Provide It.
About the author: Larry Hatheway is the co-founder of Jackson Hole Economics and the former chief economist of UBS. The Federal Reserve’s annual conclave kicks off in Jackson Hole,...
Can Central Banks Maintain Their Autonomy?
As the world’s central bankers gather this week at the Federal Reserve’s annual mountain retreat in Wyoming’s Grand Tetons, soaring prices pose the biggest test...
Global Economies Flash Warning of Sharp Slowdown
Business activity in the U.S., Europe and Japan fell in August, according to new surveys, pointing to a sharp slowdown in global economic growth as...
Jerome Powell’s Dilemma: What if the Drivers of Inflation Are Here to Stay?
Central bankers worry that the recent surge in inflation may represent not a temporary phenomenon but a transition to a new, lasting reality. To counter...
IPO Market Faces Worst Year in Two Decades. ‘Really Hard Pill to Swallow.’
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It Now Costs $300,000 to Raise a Child
The cost of raising a child through high school has risen to more than $300,000 because of inflation that is running close to a four-decade...