Investors must learn to live with uncertainty about any supplies from the Gulf even if an agreement on the strait eventually appears, Christopher Smart writes.
Commentary
Some companies deserve the praise and attention that investors are giving them. Ones whose growing margins come from cutting their labor force don’t, Amir Goren writes.
A crisis is brewing in some of the world’s largest economies, Desmond Lachman writes.
The Trump administration’s contradictory AI policies undermine its goal to beat China in the AI race, Sam Bresnick writes.
Passing the Clarity Act would be an important step toward creating a regulated market structure that is safe for investors, Samara Epstein Cohen writes.
The U.S. needs legislation to stop members of Congress from getting rich over the course of decades in office, Brian Hamilton writes.
Kevin Warsh’s restraint on issuing guidance is exposing deeper structural cracks at the central bank, Jai Kedia writes.
The Federal Reserve is undergoing its most significant institutional reform of the modern era. One critical area is being neglected, Amit Seru and Mickey D. Levy write.
The U.S. needs cheap capital to win the artificial-intelligence race. The deficit may be standing in the way, writes Raphi Schorr.
AI hyperscalers are taking on tons of debt just as the macroeconomy is starting to look gloomier, Brij Khurana writes.
The same instinct Microsoft showed in acquiring Xbox—spend big now, trust that it pays off later—is running through its AI business, Naveen Parihar writes.
The Korean stock market is now interlinked with American portfolios, Christopher Collins writes.
The U.S. government taking stakes in AI companies is a disaster in the making, Christopher Smart writes.
Current defense funding mechanisms aren’t doing enough, Christopher Collins and Mike O’Sullivan write in a guest commentary.
Justices don’t lack authority. They lack economic orientation, Clifford Winston writes.
There are some benefits from the war, to the West and to investors, writes Ed Price.
The AI economy depends on a strong U.S-Mexico-Canada trade agreement, Erin McLaughlin writes.
Kevin Warsh, the new chairman of the Federal Reserve, has frequently invoked Alan Greenspan. There reasons go beyond his inscrutability.
Fixing the housing affordability crisis is in the hands of state and local government, not Congress, Edward Pinto and Arthur Gailes write.
Leniency on debt repayment will compromise emerging markets’ future access to liquidity, Cem Karacadag writes.
The historical data show the risk might not be exactly what advisors have ingrained in retail investors for decades, Robert Pozen writes.
SpaceX is being granted accelerated entry to several indexes, and passive funds will have no choice but to buy the stock at peak hype, Christopher Collins writes.
The new chairman of the Federal Reserve would be wise to copy the European Central Bank’s hawkish tone on inflation, Desmond Lachman writes.
Municipal bonds don’t usually get much attention. But in some host cities this summer, they are playing a leading role, Dan Close and Margot Kleinman write.
Federal Reserve reforms are long overdue. But new chair Kevin Warsh might have to rethink some of the assumptions underlying modern monetary policy, Brij Khurana writes.