Focusing on rates of change is what led me to conclude three years ago that we would avoid a recession and eventually realize a soft landing for the economy. The rate of inflation was peaking and ...

When markets dislocate from fundamentals in a momentum-driven melt-up, all news is good news because pundits must come up with reasons each day why stock prices are rising. Yesterday, a dismal ADP ...

Explore the meaning of a negative interest rate environment, its economic implications, and how it affects banks, consumers, and investments globally.

As banks complain loudly about negative rates in Europe, they are also increasingly adapting to them, whether by lending more, boosting fee and trading income or charging depositors. But there are ...