Are passive funds to blame for market mania?
The year is 2034. America’s “magnificent seven” firms comprise almost the entirety of the country’s stockmarket. For Jensen Huang, the
Read MoreThe year is 2034. America’s “magnificent seven” firms comprise almost the entirety of the country’s stockmarket. For Jensen Huang, the
Read MoreIt is, by now, a familiar story. A metal previously only traded in a sleepy corner of commodity markets becomes
Read MoreIn economic terms, an asset has value because an owner might derive future benefits from it. Some assets, like cryptocurrencies,
Read MoreDonald Trump and Joe Biden do not agree on much, but they are of a similar mind when it comes
Read MoreEverywhere you look, stockmarkets are breaking records. American equities, as measured by the S&P 500 index, hit their first all-time
Read MoreFrom the corner of Fifth Avenue and 57th Street the facade of Tiffany’s looks just as it did in 1961
Read MoreWith vladimir putin issuing threats and Donald Trump musing about withdrawing support, everyone agrees that Europe needs to spend more
Read MoreA few months before America’s presidential election in 1980, George H.W. Bush paid a visit to Beijing. He got a
Read MoreSaito Mari, a 28-year-old nurse, was frustrated. Her pay, at just ¥160,000 ($1,100) a month, was meagre; after bills, rent,
Read MoreNazem Ahmad, an art collector and financier, who owns work by Andy Warhol and Pablo Picasso, has been under American
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