Here Comes the Booming Chinese Biotech Sector
You’ve heard about Chinese EVs. You’ve heard about Chinese batteries and solar panels. And recently you learned that China is near the cutting edge of AI research. Here’s another category: biotech. In...
10 Mars 202543min
Trump's NIH Cuts Send Shockwaves Through the Science World
One of the first moves made by the Trump administration was to change the nature of grants made by the National Institutes of Health. Under the new policy, there's a 15% cap on "indirect costs" associ...
8 Mars 202544min
We Just Saw Europe's Biggest Week in Decades
This week was a busy one and some of the most interesting things that happened came out of Europe, where policymakers announced up to €800 billion of additional defense spending and an easing of Germa...
7 Mars 202530min
Eugene Fama and David Booth on the Birth of Modern Finance
The 1970s were a pretty eventful time in markets. There was high inflation, the end of the gold standard, and a stock market crash. There was also a bunch of ideas coming out of the University of Chic...
6 Mars 202549min
Ray Dalio on the Coming Crisis in US Debt
Almost whichever way you measure it, the US has a lot of debt. And, with the Trump administration recently proposing a budget that would see US debt levels swell even further, it doesn't look like thi...
3 Mars 202556min
Lots More on the Growing Risks to the US Labor Market
A week from today we will get the February jobs report and there are growing concerns that the US labor market is slowing. Already, the number of sectors adding jobs in this economy is on the decline....
28 Feb 202517min
Goldman's Jared Cohen and George Lee on the Unprecedented Shocks in Geopolitics
The first month of the Trump administration has been noisy and novel by basically any measure. But perhaps the biggest shockwaves have been in the realm of geopolitics. Europeans were caught off guard...
27 Feb 202551min
Jim Bianco on What a 'Mar-a-Lago Accord' Could Mean for the Economy
The so-called “Mar-a-Lago Accord” has suddenly become a hot topic on Wall Street, with some investors and analysts starting to take the idea more seriously, holding meetings with clients and publishin...
25 Feb 202528min
