The labor market is tightening. Wages are rising. And yet, despite very aggressive monetary policy efforts, United States central bankers have been unable to hit their inflation target. For more than 4 straight years, the Federal Reserve’s preferred measure of inflation has been below its target of 2%....

It may surprise you to learn that one of the world’s best indicators of overconfidence is the performance of a single stock: Sotheby’s.  As I’ve previously written, peaks in the auction house’s stock price have historically coincided with financial and economic exuberance. So what's it telling...

Brazil is suffering from a toxic cocktail of economic, political, and public health crises. Once hailed as a beacon of emerging market growth, the country now wallows in pessimism.Brazil’s growth rate fell from 7.5 percent in 2010 to -3.8 percent in 2015; a worsecontraction is expected this year....

By 2019, Saudi Arabia is expected to be home to the world’s tallest tower. Developers plan to complete a 1-kilometer tall building in Jeddah. The Jeddah Tower has a design inspired by the growth patterns of desert plants and will soar 170 meters higher than the world’s current tallest...

Dear 45th President of the United States of America:I write to highlight five key issues that warrant immediate attention following your January inauguration. These topics demand you and your advisors think more long-term than we have in recent years. Solutions won’t be easy, but, having won...

As migration and inequality continue to get significant attention from US presidential candidates, it is worth noting a rising phenomenon at the intersection of these two topics: economic citizenship. A growing number of countries offer individuals passports in return for investment, and the wealthy have been taking advantage in increasing...

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