Stock market
How To Ensure Industrial Policy Promotes Public Over Private Gain
Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s back in...
How Unusual is the Recent Boom in Profits and Values of US Listed Corporations?
In the past decades, the US stock market and business profits have been growing much faster than the rest of the economy. A new...
Fahmi Quadir: “Short Sellers are Always an Easy Boogeyman”
In an interview with ProMarket, short-seller Fahmi Quadir, who has shorted companies like Wirecard and Valeant, discussed the public perception of short-sellers and what...
The Case for Optimism About America
The good news is that America is still the engine of global wealth creation: nothing fosters political pragmatism like prosperity. But there is also...
Option-Based Credit Spreads Signal a Recession, but the US Stimulus Will Soften the Blow
Over the past month, option-based credit spreads spiked and remain at elevated levels. The surge signals that a recession is at our door, but...
How to Interpret Financial Market Movements to Predict the Impact of Coronavirus on GDP
Equity markets in the EU and US dropped by as much as 30 percent, which means that investors have revised downward their estimate of...
What Equity Markets Say About the State of Competition in the US Economy
A look at stock market valuations shows that barriers to entry are protecting the economic rents being earned by many corporations. There are likely...
