Stolid Switzerland’s Different Path
Both the U.S. and Switzerland are pulling out of the post-2008 global economic slump on the wave of speculative bubbles. But while Washington is stoking its bubble, hoping for faster growth, the Swiss are working to prevent theirs from getting out of hand.
After Boston Bombing, Understanding Chechnya’s Bloody History
With Russia and the United States facing the same threat, is there suddenly a community of interests that will bring the two countries together?
The Dow’s Upside: Why the Pessimists May Be Wrong
The Dow has been rising, but the pessimists point to troubling fundamentals. However, many of these economic trends could also be seen as beneficial for the stock market.
More Car Trouble
The Big Three automakers have had an impressive recovery, but optimism about the U.S. auto industry may be overdone. The problem lies with the structure of the global auto industry.
The Middle Class Is Leaving the (Stock) Market
Many measures show that previously middle class families are jumping off the upward mobility ladder. The danger for advisors: they're shunning stocks.
Beyond Stock Gloom
Since the recovery from the worldwide financial meltdown commenced in 2009, global stock markets have closely mirrored international economic fundamentals.
Inflation in the United States has been remarkably low, despite a lethal combination of extremely loose monetary policy and trillion-dollar annual budget deficits, which apparently have become a new normal.
No Quick Fix
No matter who ends up on top in this year’s closely fought presidential election—billed by both Republicans and Democrats as the most important in a generation—don’t get too excited about the winner’s ability to “fix” the economy.
If the 2012 election campaign has plunged you into depression and convinced you that this country is going down the drain, an antidote could be a tour of a college or university campus.
Sub-Saharan Africa didn’t suffer as much in the 2008 global financial crisis as the rest of the world, since it lacked both large banks and sophisticated financial infrastructure, and its levels of consumer and government debt were relatively low.