News > Capital Markets

The Upside of Unintended Consequences
Capital Markets
There is no question that there has been a rise in populism around the world during the last two years and it is continuing. The voters in selected democracies in the West have become dissatisfied with their governments and the political process, and they have become attracted to candidates who have promised them change and a better life. The election
Household Debt Rises to New Record of $13 Trillion
Capital Markets
1. Household Debt Hits New Record of $13 Trillion 2. Auto Loans: Delinquencies Rising in “Sub-Prime” Market 3. The Secret Congressional Sexual Harassment Slush Fund 4. Congress’s Office of Compliance – Guilty Until Proven Innocent Overview A new report from the Federal Reserve Bank of New York last week found that US household debt hit another record high in the
Time to Trim, but Not Abandon Gold
Capital Markets
Gold has performed surprisingly well this year. Russ discusses why that might not be the case going forward, and it may be time to pare positions. For a year in which risky assets continue to grind higher, assets offering potential hedges against those risks are doing remarkably well. Long-duration U.S. bonds are up roughly 9% while gold has advanced better
Assessing the Durability of the Emerging Market Resurgence
Capital Markets
With the MSCI Emerging Markets Index up 33.4 percent year-to-date, it's not surprising that some investors are wondering if they have missed the emerging markets party. Further stoking that debate is the emerging markets benchmark's 2016 gain of about 11 percent, meaning the index is approaching a two-year gain of almost 50 percent. The good news is that fundamental factors
Mr Xi Reveals His Blueprint for China’s ‘New Era’
Capital Markets
Every five years, the top governing body of China’s communist party meets to endorse important decisions and announce changes to its leadership. Since the 24 October conclusion of the latest National Party Congress (NPC) in Beijing, investors have been analysing the results to determine the direction of the world’s second-largest economy. While no major surprises were announced, some investors expressed
Elon Musk on Tesla's Short Sellers: 'They're Jerks Who Want Us to Die'
Capital Markets
Rolling Stone has a big brand new cover story about Elon Musk that dives into everything from his childhood, his scientific method used to start a business, his thoughts on what he sees as the threats posed by AI and climate change and, uh, his heartbreak. At one point during the interview, Musk addresses the fact that Tesla is now the most
Waymo Works to Build Trust as First Pilot-Free Vehicle Hits the Road
Capital Markets
Last week, Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)’s Waymo became the first to test fully autonomous vehicles on public roads without a front-seat technician. The firm still faces challenges in public perception and regulation, but it’s taking strides with education partnerships, data transparency and training opportunities. The Expert Andrew Murphy researches consumer habits and product marketing as a managing partner at Loup Ventures. The venture capital firm does
Report: Mohamed El-Erian Could Be Heading to the Fed
Capital Markets
The Trump administration is weighing Mohamed El-Erian for the vice chairman post at the Federal Reserve, where the former Pimco CEO would replace Stanley Fischer, who left the position in October, CNBC reports. El-Erian, who is currently the chief economic advisor at Allianz, would be the presumptive second-in-command to Jerome Powell, who President Trump nominated to succeed Janet Yellen as Federal Reserve chair when her
One of the Biggest Unicorns Could Be in Trouble: Morgan Stanley
Capital Markets
As Uber comes under pressure, another major “Unicorn” Airbnb Inc (AKA Airbnb) could also be facing growing pains. The market has reached peak Airbnb, a Morgan Stanley report asserts. The report downgrading Airbnb Inc  while recommending online travel agencies (OTAs) and giving a nod to traditional hotels came as user adoption and growth trends appear to be topping. Not just  Airbnb Inc
Meet the Skeleton Crew of Data Experts Behind the Paradise Papers Leak
Capital Markets
Last weekend, media outlets around the world released stories based on the Paradise Papers, a collection of more than 13 million leaked files detailing how the world’s wealthiest people have parked their money in offshore tax havens. The International Consortium of Investigative Journalists analyzed the documents along with 380 reporters at least 95 organizations around the globe, after they were first obtained by