Bear Market Sell-offs Promise Financial Sector Bumpy Ride

Bear Market Sell-offs Promise Financial Sector Bumpy Ride

Emma Dahl Comments Because we’ve had such a sustained growth period, it seems like investors have forgotten that at some point the market has to cool down. Even though market indicators might suggest that a cooling period isn’t coming for another year or...
Divided Congress may ensure economic stability, experts say

Divided Congress may ensure economic stability, experts say

With the U.S. Senate in Republican control and the House under Democratic leadership, experts are saying that a divided U.S. Congress may have a moderating effect on the economy, ensuring that politicians hew to a middle ground in adopting policy changes. Reforms are...
Monopolies and the rise of fascism

Monopolies and the rise of fascism

In a Nov. 11 column in the New York Times, law professor Tim Wu examines the connection between economies dominated by monopolies and cartels and the rise of fascism. As a historical example, Mr. Wu, who specializes in anti-trust law, looks at pre-World War II Germany...
Does a financial transaction tax stand a chance?

Does a financial transaction tax stand a chance?

The financial transaction tax may well be the wall flower of taxes, with so much promise in the area of tax reform yet ignored or passed over for decades by many policymakers, business leaders and economists. But all that may be about to change, as an FTT increasingly...
Is Amazon the new darling of Wall Street?

Is Amazon the new darling of Wall Street?

Wall Street may be more enamored with Amazon than Main Street. Amazon’s stock growth — like the retailer itself — seems to know no bounds. Amazon is trading at $1,720, with the company’s market value at $840 billion The stock is up by nearly 50...
Why growth of banks can be a drain on the economy

Why growth of banks can be a drain on the economy

Can over-developed financial markets and banks hurt the economy? That’s the theory of journalist and author Nicholas Shaxson, who argues that an over-developed financial sector can drain the resources from an economy rather than contribute to growth. Just like...