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The US economy is healthy but expensive equities are vulnerable to uncertainty about the neutral rate of interest
The media startup has a lot of lofty ambition, but precious little chance of success.
Cakes and Christianity; cakes and accounting scandals; Trump's patron-in-chief; honoring the economics of market failure; and much more.
Sometimes, boring is good.
A Russian bank and the Trump campaign; lazy Europeans; the remains of Stalin's Dead Road; the failing Turnberry resort; and more.
Now you see the alleged scam warning, now you don't.
Nowcasts more robust than elsewhere as Powell talks of ‘indefinite’ expansion
Nissan and Brexit; a tiny chip, a big hack, and some sizeable denials; the a critical flaw in how science is done; and more.
The great Baltic laundromat; the meritocracy against itself; HGTV for hedge-fund hopefuls; the tyranny of economics journals; and much more.
The company that wants to build an open financial future for the world by... becoming a bank.
McKinsey and Puerto Rico; why Trump couldn't kill NAFTA; when an AI goes full Jack Kerouac; the EV/EBITDA multiple; and more.
Silicon Valley should remember its origins.
Labour has shifted its view on a ‘people’s vote’ but formidable obstacles remain
Which may be why they're negotiating with bonuses instead.
The natural rate of portfolio flows; sex-abuse reparations; surging deficit worries; the perverse economics of maritime fuel standards; and more.
Elsewhere on Tuesday, -- When is it time to worry ...
“ASKfm kicks off a new stunt - this time without killing a sherpa”.
Public misconceptions and lobbying by vested interests produce flawed decisions
Low wage inflation fuelled the bull market but this is now changing
Won't someone please think of the colour blind?
The UK and EU are on course for an exit agreement and an orderly process
Assets have slumped on misplaced fears that a recession is likely
Why the Fed nixed The Narrow Bank; the little fish with the big enemy; selling the farm for crop insurance; local authorities' Brexit fears; and more.
The US needs to expand its market as shale grows, but it will not be straightforward
US and China remain robust as Europe slows