Money and Banking

The markets are betting on a new Trump-driven economic miracle to soften the blow of the next recession. It may be a vain hope.

Donald Trump's spending plans will not invigorate the economy. However, There are some things Trump could do to truly encourage wealth creation.

In Europe, politicians continue to try to come to grips with both Brexit and Trump's election.

The dollar will remain the world's reserve currency so long as other governments are happy to keep propping it up.

The global war on cash is remarkably well coordinated. The Anti-Cash Axis eyes Australia next.

The euro is already in deep trouble, and the less enthusiastic globalism likely to be offered by Trump will be another blow to the European project.

The best and only way to get rid of corruption is to get rid of the system.

There really are reasons to believe Trump will steer the Fed in a more hawkish direction.

There's a growing divergence between income growth in states with large financial centers — and the old "main street" economies.

As yield-starved investors look to longer-dated assets, the biggest risk facing financial markets may be the financial asset duration bubble.