Tag: Finance & economics
Why American tech stocks are newly vulnerable
As the panic fades, investors’ nerves are still jangling. For the time being, stockmarkets have stopped convulsing and the...
Trump’s sovereign-wealth fund won’t make America richer
With $29trn in debt and a widening fiscal deficit, America hardly seems like a candidate for a sovereign-wealth fund....
Economists are as confused as Trump about taxing the rich
IF YOU want to put a policymaker on the spot, ask them what the top rate of income tax...
Shareholders face a big new problem: currency risk
Imagine someone who found secondary-school maths difficult being grilled about logarithms. That is how a lot of equity investors...
India’s Licence Raj offers America important lessons
Jawaharlal Nehru, India’s first prime minister, and Donald Trump, America’s president, do not share many similarities. Nehru was an...
Xi Jinping’s city of the future is coming to life
Xiongan, China’s “city of the future” and a pet project of Xi Jinping, the country’s supreme leader, has become...
Despite double dissent, Jerome Powell retains his hold on markets
For all the power it wields over the global economy, the Federal Reserve projects remarkable cool. Whereas rate-setters at...
The trade deal with America shows the limits of the EU’s power
“To be free, you need to be feared,” said Emmanuel Macron, the French president, on July 30th. “We were...