Job Numbers Keep Climbing, Sinking Chances of Rate Cuts

What did you know and when did you know it? If one were to pose that Watergate-era question to Federal Reserve Chairman Jerome Powell, on the issue of whether he gets an advance peak at key economic d...

Rising Markets Seem to See the Fed Easing. It’s Too Early for That.

What everybody knows isn’t worth knowing, according to market wisdom. The Federal Reserve will raise its key federal-funds target rate by 75 basis points this coming week, as we all know, from the cur...

Tumbling Markets Imperil Tech, the Dollar, and Private Equity

Text size Japan has had to intervene to support the sliding yen for the first time since 1998, even as it tries to keep its interest rates low. Akio Kon/Bloomberg The world has been hooked on cheap mo...

The ‘Fear Trade’ Is in Effect, but the Early Stages Are Over

Text size An oil pumpjack operates near Ventura, Calif. Mario Tama/Getty Images The “fear trade” that emanates from destructive inflation is in effect, but it is starting to look less appealing. The f...