Investing in housing in booming locations may not be as safe a long-term bet as many seem to think.
Many have been puzzled that the world’s stock markets haven’t collapsed in the face of the Covid-19 pandemic.
The worse economic fundamentals and forecasts become, the more mysterious stock-market outcomes in the U.S. appear.
In addition to the spread of a deadly virus, the world is dealing with an epidemic of economic anxieties.
President Trump's personal narrative of wealth and success is unlikely to survive an economic downturn.
Major shifts in the market should be at least partly foreseeable. Why aren't they?
Advising people to hold the market is advising them to free-ride on the wisdom of others who do not follow such a strategy.
Inflation targeting might actually increase a sense of uncertainty about real things like home values or investments.
History shows that sudden sharp increases in corporate earnings tend to be reversed within a few years.
Donald Trump’s trade war is an international tragedy. But it could have a happy ending.