UK economy caught between Brexit and a hard place

2019-12-17

Now that his conservative party has won the UK election in a landslide victory, triumphant prime minister Boris Johnson can turn his attention and energy to the economy. And the next five years will be marked by the opposing effects of his party’s policies, which on the upside should boostRead More →

Why raising taxes on the rich isn’t so crazy

2019-12-14

Unemployment is low and the stock market is high, but most Americans aren’t getting ahead. Half of American families have less real wealth than their parents did 25 years ago. Democrats are not satisfied with the economy. Yes, unemployment is way down and the stock market DJIA, +0.01% SPX, +0.01%Read More →

These are Wall Street’s top dividend stock picks for 2020

2019-12-13

U.S. stocks with attractive dividend yields have performed very well this year, for obvious reasons: Interest rates have declined at home and investors in Europe and Japan — where government and central-bank policies have pushed bond yields well into the negative — are desperate to find investments that will giveRead More →

Americans keep gorging on debt, thanks to the Federal Reserve

2019-12-10

The Federal Reserve raised official interest rates four times 2018, and investors were expecting more of the same this year. As we know, that didn’t happen. The stock market plummeted in the fourth quarter of 2018, spreads between lower-quality fixed-income investments and government bonds widened, and with an effective fedRead More →