Investment Perspectives

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What Economists Got Wrong About The Great Recession

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In general, we should be more modest about our ability to second-guess the market.

Big Tech Cannot Be Regulated

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Big Tech is so profoundly different from other industries like trusts, cartels or conglomerates of the past.

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.

Advanced Economies Must Face Fiscal Reality

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Stagnant productivity growth has made deficit-financed welfare spending indefensible.

The Fed Still Has A Lot Of Quantitative Tightening To Do

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The upward pressure on long-term interest rates from QT will persist until late 2025.

Marks Or Ackman? Who You Gonna Trust?

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The Oaktree Capital co-founder warns about the implications of higher borrowing costs over the long run.

Earnings Hope To Keep This One-Year-Old Bull Market Going

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Earnings season has kicked off with several of the big banks and a handful of other blue-chip companies having already reported results for their calendar third quarters...

Hurting From Rate Hikes? The Fed Looks As If It's Finally Done

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Market pricing, policymakers' remarks and economic activity all point in the same direction.

What Recession? It's Looking Increasingly Unlikely

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There is little reason to expect a slowdown in the US economy this year, if at all.

Investing In A World Of Increasing Complexity

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Despite all the uncertainties, recent data suggest that the economy is looking stronger.

The Global Recovery Is Faltering

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The challenge for governments is to rebuild confidence and enhance productivity.

What Mattered This Week? Interest Rates And The Jobs Report

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The real takeaway from this week is that a terrible September may be behind us.

Bonds Are Still Living In Phillips Curve World. The Fed Isn't.

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The markets are still taking their cues from an economic idea that's been around since the 1950s.

The U.S. Economy Might Be Stuck In Purgatory For A While

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Higher-for-longer borrowing costs are the new pain gauge for consumers and businesses.

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.

Bond Vigilantes Risk Breaking The Markets

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The global fixed-income rout is worsening.

The Available Alpha In Prioritizing People

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The advantage derived from analyzing human capital provides an exciting new opportunity to capture alpha.

Risks Are Growing Of A Double-Dip 'Vibecession'

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Last year, Kyla Scanlon coined the term to describe the state of the U.S. economy. The vibes are souring anew.

The Investment Implications Of A Rising Federal Deficit

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Higher real interest rates caused by the federal deficit could drag on the economy.

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.

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