Why is everyone worried about the bond market?
All of a sudden, people are freaking out about the bond market. Blackstone’s Stephen Schwarzman, JPMorgan’s Jamie Dimon and economist Nouriel Roubini are all on record wringing their hands about [...]
The shadow behind rising household net worth
Household net worth is rising, and that’s great news, right? Yes, but. Data on the economy this week has been overwhelmingly positive. Retail sales were up in May, which means people are shopping [...]
What on earth is an activist investor?
From the Wall Street Journal: One of America’s oldest corporate law firms is diving into the business of representing activist investors, betting that these agitators are going mainstream—and [...]