Category: Opinion

The Debt Beneath

Debt is irrelevant and matters not. It’s different this time. That’s the message from politicians, markets and participants. Tax cuts pay for themselves (they do not), leverage doesn’t matter (it does) and […]

Quick Takes

Today’s Quick Takes: Once-Hot Apartment Construction Cooling as U.S. Housing Engine Artificial intelligence and the stability of markets QT: The long standing trend of computerized program trading may indeed squash volatility forever. AI […]