Zohran Mamdani, the Socialist Who Could Be NYC's New Mayor
We're just a month away from the hotly-contested Democratic primary for New York City Mayor. And one of the candidates -- Queens assemblyman Zohran Mamdani -- is running on a somewhat unusual platform...
23 Touko 202546min
Why Interest Rates Are Shooting Up All Around the World
This week the big story in markets is the selloff in bonds. Yields on benchmark 10-year US Treasuries jumped 20 basis points from last Friday’s low, while the 30-year rate is back above 5%. Meanwhile,...
22 Touko 202543min
Scott Bok on How Bankers Spread the Gospel of Capitalism
When we think about the prospect of deglobalization (whatever that means) we often think about it in terms of the goods economy. Supply chains get rerouted. Manufacturing becomes more localized, and p...
19 Touko 202553min
Atlanta Fed's Raphael Bostic on Monetary Policy During Extreme Uncertainty
This is obviously an extraordinarily difficult time to make economic forecasts. Nobody really knows how tariffs will affect the US economy. And beyond that, nobody knows what the ultimate state of tar...
16 Touko 202548min
The Oil Industry's Double Whammy of Higher Costs and Lower Prices
The new administration has a "drill, baby, drill" mantra and a much more liberal attitude towards the oil and gas industry than the last one. But that hasn't translated into great profits for the oil ...
15 Touko 202543min
Perry Mehrling on Trump's Echoes of the Nixon Shock
There's been a lot of talk recently about parallels between Donald Trump's economic policies and the Nixon Shock of the early 1970s. That was when the former president took the dollar off the gold sta...
14 Touko 202529min
Philip Diehl on the Booming Business of Gold Coins
Gold prices have been booming and are near record highs. And seeing the line go up — especially during a period of so much uncertainty — makes people want to buy more. That includes acquiring actual ...
12 Touko 202541min
Why the World Keeps Getting Shocked by China's Technological Progress
Over the last several years, the world has watched as China edges close to or past the technological frontier in more and more areas. Earlier this year, US investors were jolted even further when Deep...
10 Touko 202539min
