Commentary


Americans Are Sick of Inflation. That Is a Lesson for the Fed.

Price hikes are still consumers’ top concern even as official inflation rates slow, Leo Feler writes in a guest commentary.

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Trump’s Flip-Flop on Nvidia Chips Is a Win for China

A reversal of export controls on H20 chips presents a national-security risk, Justin Sherman writes in a guest commentary.

3 minute read

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Apple Isn’t Leaving China. Its Footprint Is Getting Harder to See.

Facing sensitivities on both sides of the Pacific, Apple has reconfigured its China relationships in recent years, Isaac Stone Fish writes in a guest commentary.

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Trump Has Soured on Putin. What That Means for Ukraine.

Trump is showing signs of willingness to renew U.S. support Ukraine, Angela Stent writes in a guest commentary.

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The Fed Has the Tools to Fight Stagflation. The 1970s Aren’t Coming Back.

Stagflation is more than just a bad macroeconomy, and the Fed is determined to avoid it, Matthew Jeffrey Vegari writes in a guest commentary.

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Stablecoins Could Trigger a Crisis at the Heart of the Financial Industry

The Genius Act sets dangerous forces in motion, Mark Copelovitch writes in a guest commentary.

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Asian Trade Deals Are a Sideshow. The Real Drama Is Still to Come.

Ho-hum agreements with Japan and others are a prelude to talks with China, William Pesek writes in a guest commentary.

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Trump Won’t Give Up Tariffs, and Neither Will His Successors

Markets are buoyant, but tariffs aren’t going anywhere, Christopher Smart writes in a guest commentary

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M&A Deals Are Drying Up. Why The Drought Will Worsen.

The volume of midmarket deals will decline further in the face of the president’s tariffs, Rami Cassis writes in a guest commentary.

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Social Security Needs a Fix More Than Ever After the Big Bill. What Would Work.

The new tax law accelerates the insolvency of the Social Security and Medicare trust funds, Marc Goldwein and Anthony Colavito write in a guest commentary.

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The Math Behind Trump’s Fed Critique Doesn’t Add Up

The president insists the Fed’s interest rate is costing the nation hundreds of billions. The math doesn’t work, Allan Sloan writes.

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U.S. Stock Gains Feel Good. Fight the Complacency.

The market faces tremendous uncertainties, Michael Clarfeld writes in a guest commentary.

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The Stablecoin Bill Could Solve One Problem Only to Create Another

Treasuries will be pulled into the shadow banking system, Derek Horstmeyer writes in a guest commentary.

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The High Cost of Weaponizing Tariffs

Americans will pay the price for the president’s political grudge against Brazil, Brian P. Klein writes in a guest commentary.

4 minute read

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The Dangers of a Paramount Bribery Probe

An investigation into standard risk management would set a bad precedent, Brett M. Decker writes in a guest commentary.

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Inflation Is Eating the Labor Market. Gains Are a Mirage.

This isn’t what a strong labor market looks like, Alí R. Bustamante writes in a guest commentary.

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Trump’s Megabill Is Ceding the Future to China

Things have never looked better for China’s EV and battery industries, William Pesek writes in a guest commentary.

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How Fannie and Freddie’s $7.7 Trillion in Debt Became Our Burden to Share

After 17 years of conservatorship, it is clear the government is in charge of the mortgage giants, Edward J. Pinto and Stuart McFarland write in a guest commentary.

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This New Stagflation Coming Won’t Feel Like the ’70s.

Homeowners especially will feel the pinch, Joseph Brusuelas writes in a guest commentary.

4 minute read

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The Cybertruck’s Future Is Brighter Than You Think

Tesla’s EV pickup truck has had its share of issues. Don’t write it off yet, Ben Z. Rose writes in a guest commentary.

4 minute read

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How to Think Ahead Amid An Unprecedented Global Transition

Familiar geopolitical rhythms have been knocked off-kilter, Christopher Smart writes in a guest commentary.

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Iran Doesn’t Need Missiles to Hurt the U.S.

Tehran’s cyber capabilities pose a potent threat to U.S. banks and business, Justin Sherman writes in a guest commentary.

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To Beat China on AI, Let the Market Lead

Lawmakers need to resist the impulse to regulate first, innovate later, write Keith B. Alexander and Jamil N. Jaffer in a guest commentary.

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Three Cheers for Jerome Powell

The Federal Reserve chair has shown remarkable patience under pressure from the president, Desmond Lachman writes in a guest commentary.

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Valuation Contagion Is the Private-Credit Risk No One Sees Coming

There is a flaw in the structure firms are using to make private credit available to retail investors, Amit Seru writes in a guest commentary.

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