Allison Schrager

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Constitutional Or Not, Wealth Taxes Are Bad Economics

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A Supreme Court case about unrealized capital gains has implications for Biden's proposed tax on the very wealthy.

Inflation Could Come Back When You Least Expect It

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Expectations for gains in consumer prices are moderating, but there is a lot of anxiety among households.

What Is The Goal Of 60/40 Portfolios?

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Is it to diversify or reduce risk?

The Tech Gold Rush Is Over. Where's The Next One?

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Ambitious young people in search of their fortune are looking for a new industry.

Three Myths About The Bond Market

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The era of declining interest rates may have come to an end, and many investors don't seem to realize it.

America Is No Longer Raising A Nation Of Risk-Takers

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Too many parents are stifling their children's independence and willingness to take chances later in life.

Three Myths About The Bond Market

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The era of declining interest rates may have come to an end, and many investors don't seem to realize it.

Private Equity Won't Diversify Your Portfolio

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Low interest rates can lead people to rationalize all sorts of bad ideas: investing in companies that will never make a profit, financing share buybacks with debt, spending billions...

Private Equity Won't Diversify Your Portfolio

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Investing in such funds makes sense if you want more risk and illiquidity--and are willing to pay for it.

The Future Of Unions Looks Very Different

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They should be less about collective bargaining and more like guilds that offer various kinds of insurance.

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