Gold’s Awakening May Make Investors Sleep Less Soundly

Text size Gold’s price has climbed in 10 of the past 12 weeks and is now 6.1% below its record high. David Gray/Bloomberg Golden slumbers? Hardly. The precious metal has awakened in the past three months, quietly outperforming stocks since their mid-October lows. That’s something that hasn’t happened in the half-century since the Bretton Woods … Read more

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 money for years. Now we’re witnessing what withdrawal looks like. Lifting interest rates from nil has produced a … Read more

Stock Market Enters the Worst Part of the Year. What Happens Next.

Text size Texans headed to the polls on March 1 to vote in the state’s first primary of the 2022 midterm election season. Montinique Monroe/Getty Images The summer of the stock market’s discontent might have started early, with a negative first quarter that perhaps anticipated the May-to-November stretch that historically is the worst six-month period … Read more

What Will Stocks Do if War—or Peace—Erupts in Ukraine?

Text size A Ukrainian guard at a checkpoint on the border with Russia. There could be a financial toll, as well as a heavy human one, if the Kremlin launches an invasion. Vyacheslav Madiyevskyy/Ukrinform/Future Publishing via Getty Images It’s hard to imagine two men more dissimilar than Russian dictator Vladimir Putin and Fed chief Jerome … Read more