The Air Has Come Out of the Dollar: WSJ
The U.S. economy no longer looks so exceptional. That is bad news for the dollar. An almost decadelong runup has left the greenback heavily overvalued, some...
U.K.’s Central Banker Struggles With Inflation, a Financial Crisis and His Own Government
LONDON—In late August, Bank of England Gov. Andrew Bailey was at a symposium in Jackson Hole, Wyo., when a New York University economist flagged a...
Pension Strategy Left Funds Vulnerable to Rate Increases
Sept. 29, 2022 12:33 pm ET Listen to article (1 minute) A pension-fund strategy that aims to reduce volatility without lowering returns created the first...
Dollar’s Rise Spells Trouble for Global Economies
Updated Sept. 18, 2022 2:31 pm ET Listen to article (2 minutes) The U.S. dollar is experiencing a once-in-a-generation rally, a surge that threatens to...
Looming Gas Crunch Poses ‘Historic Test’ for Europe, IEA Says
Updated July 18, 2022 9:53 am ET Listen to article (2 minutes) European nations must take urgent and coordinated action to avert a potentially disastrous...
Conditions Are Ripe for a Deep Bear Market
With the S&P 500 briefly on Friday down 20% from its January peak, it is very tempting to start trying to call the end of...
A Big Risk Hanging Over European Banks: Leveraged Loans
Europe’s banking regulator is growing antsy about a booming market for banks: loans that fuel riskier borrowers and the global deal-making machine. That corner of...