November 28, 2021
John Campbell of Harvard University and Michael Klein discuss the links between financial markets and the broader economy.
October 19, 2021
The volatility of cryptocurrencies have made them a poor medium of exchange, serving more as a speculative asset.
April 8, 2020
Interest rates on municipal bonds have risen dramatically, which has implications for investors, cities and states, and for state and local pension benefits.
March 15, 2020
The Fed cut interest rates and announced plans to lend $1.5 trillion to banks and financial institutions and purchase $37 trillion in U.S. Treasury securities.
March 12, 2020
Effects from the pandemic and from measures to slow its progression impact supply and demand of goods and services and people’s expectations of the future.
January 21, 2020
Climate change presents risks stemming from increased frequency of extreme weather events and transition risks resulting from rapid repricing of financial assets.
September 8, 2019
Corporate debt in the U.S. stands at or near all-time highs. It is important to pay attention not just to the amount of debt but also to its composition.
April 29, 2019
An increase in stock buybacks has raised concerns about whether they disproportionately apportion company earnings to wealthy stockholders or hurt investment.
December 6, 2018
An inverted yield curve — when interest rates on short-term Treasury bonds exceed those on longer-term Treasury bonds — has preceded recent U.S. recessions.