Commentary


No, It’s Not Time to Worry About Stagflation—Yet

Applying 1970s-style price or export controls on gas could make things worse, Joseph Brusuelas writes.

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Why Saving Social Security Is Everyone's Burden to Share

Making high-income retirees shoulder the burden of much-needed cuts isn’t a fair solution, Brenton Smith writes.

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Social Security Is Broken. Benefit Cuts for the Rich Are the Fix.

Benefit caps on wealthy retirees could prevent Social Security insolvency, Maya MacGuineas writes.

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The White House Wants To Cut Research Funding Again. What Could Be Lost.

The economic consequences of slashing government-funded research would be far-reaching, Steph Batalis, Katherine Quinn, and Rebecca Gelles write.

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OPEC Is Losing Its Grip on Global Oil. Volatility Will Follow.

With the U.A.E.’s exit, the group of oil exporting countries will have less capacity to stabilize prices, Ben Cahill writes.

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In the Strait Stalemate, What if Neither Side Blinks?

Markets seem sure that either Trump or Iran will give in when the Gulf blockade proves too painful. But what if they don’t?

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The Fed’s 2% Inflation Target Is No Longer Enough

In a world of constant supply-side shocks, inflation is no longer the right target for monetary policy, Alexander William Salter writes.

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War Is Stretching Europe’s Finances Thin. Why A Debt Crisis Isn’t Likely.

The European Central Bank has made changes since the 2010s debt crisis, Desmond Lachman writes in a guest commentary.

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The Iran War Is Changing the Bond Playbook

Investors may be better off looking outside the world’s core bond markets right now, Brij Khurana writes in a guest commentary.

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Congress Is Broken. Investors Are Starting to Notice.

A dysfunctional legislative branch is increasing the risk premium associated with the U.S., Casey Burgat writes in a guest commentary.

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Investment into the U.S. Is Rising. The Government Has Plans to De-Risk It.

A new task force is needed to make sure foreign direct investment is safe, Chris Pilkerton writes in a guest commentary.

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An Iran War Deal Won’t Be Effective Without Tackling This Iranian Problem

Unless dismantled, Iran’s financial infrastructure, which relies on crypto, will threaten a lasting deal, Albert Wolf writes in a guest commentary.

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Tax Refunds Are Higher. That’s Only a Fraction of the Story.

The reality of Tax Day 2026 was different than the one the president celebrated, Daniel Bunn writes in a guest commentary.

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Mamdani Wants to Tax Your Second Home. Here’s A Better Idea.

There is a different policy that would be more effective than a pied-à-terre tax, Robert P. Inman and Michael S. Knoll write in a guest commentary.

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European Stocks Are Ready to Outperform the U.S. Here Are Three Reasons Why.

Europe’s fundamentals are improving while America’s decline, Kristina Hooper writes in a guest commentary.

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Europe Needs to Get Serious About Its Defense. A New Bank Is the Answer.

Current defense funding mechanisms aren’t doing enough, Christopher Collins and Mike O’Sullivan write in a guest commentary.

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The Iran War May Spur Another Arab Spring. But Not in the Way Trump Hopes.

Elevated oil and fertilizer prices could stir unrest in the Middle East again, Sarah Yerkes writes in a guest commentary.

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The Radical Independence of David Webb

The late investor left behind important lessons for shareholders, JC de Swaan writes in a guest commentary.

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The Economy Endured One Energy Shock. It Can’t Do It Again.

Investors need to start seriously considering that reality, Matthew Jeffrey Vegari writes in a guest commentary.

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Why 2026 Is Biotech’s Comeback Year

Headwinds in the sector are clearing. That is good news for venture firms seeking liquidity and for a stock market looking for growth stories, Nilesh Kumar writes in a guest commentary.

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The Government Isn’t ‘Insolvent.’ Its Fiscal Picture Still Needs Fixing.

Policymakers should step in to correct the fiscal imbalance sooner rather than later, Casey Burgat writes in a guest commentary.

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Yes, AI Will Impact Jobs. No, You Don’t Need to Panic.

We aren’t on the precipice of a massive surge in unemployment from AI replacing workers, Tim Mahedy and Guy Berger write in a guest commentary.

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Software Stocks Are Souring Again. Why ‘HALO’ Companies Might Not Be a Better Bet.

Business fundamentals still matter for HALO firms, Seth Kirkham writes in a guest commentary.

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Paramount is the Better Deal. Congress Should Move On.

Investors and moviegoers both win in the Paramount-Warner Bros. Discovery deal, Brett Decker writes in a guest commentary.

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Trump’s Sphere-of-Influence Politicking Is Backfiring

He made a strategic bet that an open world order no longer works in America’s favor. The U.S. is paying it, Marc Chandler writes in a guest commentary.

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