Articles
Articles from our Weekly Newsletters
School for Scoundrels
As put by one observer, “We rule the world. The world doesn’t know this yet.” One is reminded of a remark by economic historian Dharma Kumar about Cambridge nearly a century ago, “Time is a device to prevent everything from happening all at once; space is a device to prevent it all happening in Cambridge.”
Yield Curves & Style Rotations: Omen or Deception?
The signals suggest the regime may be changing, and we should be prepared for that possibility. However, until that becomes more evident, we must take advantage of what the market has to offer.
Wall Street to Warsh: Skip the Guidance, But Tell Us What You Think About the Economy
In his zeal to avoid signaling where interest rates are headed, Federal Reserve Chairman Kevin Warsh has obscured something else that’s crucial to investors, analysts and other policymakers: How he would react when challenged by the economy.
Apple’s $600 Billion Rally Fueled by Traders Fleeing AI Selloff
Investors are flocking back to Apple Inc. as nervousness about artificial intelligence spending weighs on the stocks of chipmakers and cloud-computing giants.
SK Hynix Shares Plunge Most on Record in Deepening Korea Selloff
South Korea’s AI-fueled stock rally came under renewed pressure Monday as SK Hynix Inc. tumbled by a record 15%, underscoring growing investor concerns that the boom has become overstretched.
How’s Inflation? Depends How It’s Measured
The official data will be released tomorrow, but if past trends continue, the US inflation rate will come in higher than most Americans are used to, but still relatively low.
AI Is Breaking the Memory Chip Business Model
Investors who piled into SK Hynix’s $28 billion blockbuster Nasdaq debut on Friday should be aware: The business model on which the world’s leading memory chip makers are thriving is set to shift to one that requires a bit more strategic and financial gambling.
The Evolution of Dividend Growth Investing in the ETF Era
Dividend growth investing is inherently long-term in nature. The philosophy emphasizes companies capable of growing earnings, cash flow, and dividends over time, with the goal of generating a growing income stream alongside capital appreciation potential.
State Street Tapped as Default for Trump Account Investments
Money flowing into President Donald Trump’s newly created accounts for children will initially be invested in a State Street Corp. exchange-traded fund, as the US Treasury Department prepares to roll out the program.
The Return to Flying Faster Than Sound Will Start Small
The Federal Aviation Administration is resurrecting the dream of passengers flying faster than the speed of sound after it recently proposed lifting a ban on supersonic flights over land, which has been in place for more than five decades.
Where to Invest Now as US Stock Markets Get Bubbly
The US equity market, with the S&P 500 hovering near all-time highs, is expensive. This isn’t controversial. Depending on which measure you use, US stocks have arguably been overpriced for several years.
Bitcoin-Backed Muni Bond Fails to Get New Hampshire Sign Off
New Hampshire’s executive council voted down a proposal to bring the first Bitcoin-backed bond to the municipal market.
Japan’s Yen Fix Starts With Its Pension Cash Coming Home
Finance Minister Satsuki Katayama pulled a genuine surprise on Friday when she announced toward the end of a regularly scheduled press conference that the government would pursue policies to encourage its massive pension funds to invest more at home. Details were sparse, and the yen wasn’t mentioned directly.
Meta Is Ushering In the Era of the K-Shaped Company
Silicon Valley has long considered itself an egalitarian utopia — a place where rebelling against hierarchy is encouraged and good ideas are supposed to bubble to the top, regardless of who has them. The reality has always been more complicated.