Investors who benefited from the recent rally in tech and growth stocks might benefit from some caution, says a recent report from Swiss-based bank UBS. “As we think that technical factors may have played a large role in the market performance so far this year, we expect this to eventually…

Get ready for a lumber surge. The homebuilding business looks like it’s ticking up again after a tricky 2022. And with it investors should see lumber prices lift as well. The latter had a brutal year also. “Lumber, we believe has made a major low,” writes Shawn Hackett, president of…

Talk about the odd couple. On the face of it, Britain’s prime minister Rishi Sunak and U.S. president would seem to have little in common. The former is a right-of-center politician with an eye on free markets, while the latter is a left-of-center leader. Yet, recent news shows they have…

Phew! At last some analysts are seeing what I’ve seen for months now: A slowing economy but few signs of an imminent recession. The economy will slow in 2023 but will not likely lead to a recession, new research from scholars at University of Missouri and Indiana University shows. The…

Argentina and Brazil are making plans to develop a single currency area for Latin America. However, those doing so might find it is not without some massive hurdles. We only have to look to Europe to see the mess it can cause for some countries. Much but not all of…

In 2014 I went to the Davos meeting of the World Economic Forum on behalf of my employer. There was little to like about it. High-minded ideas were merely a sideshow for the main event: Social climbing as a competitive sport. Below is what I wrote in 2017. I believe…