Stock market

How Unusual is the Recent Boom in Profits and Values of US Listed Corporations?

In the past decades, the US stock market and business profits have been growing much faster than the rest of the economy....

Fahmi Quadir: “Short Sellers are Always an Easy Boogeyman”

In an interview with ProMarket, short-seller Fahmi Quadir, who has shorted companies like Wirecard and Valeant, discussed the public perception of short-sellers...

The Case for Optimism About America

The good news is that America is still the engine of global wealth creation: nothing fosters political pragmatism like prosperity. But there...

Option-Based Credit Spreads Signal a Recession, but the US Stimulus Will Soften the Blow

Over the past month, option-based credit spreads spiked and remain at elevated levels. The surge signals that a recession is at our door, but...

How to Interpret Financial Market Movements to Predict the Impact of Coronavirus on GDP

Equity markets in the EU and US dropped by as much as 30 percent, which means that investors have revised downward their estimate of...

What Equity Markets Say About the State of Competition in the US Economy

A look at stock market valuations shows that barriers to entry are protecting the economic rents being earned by many corporations. There are likely...

LATEST NEWS

New Study Warns Antitrust Inaction May Lead To Acceptable Collusion for Public Policy Considerations

The modernization of EU antitrust laws muddied the water with regard to the ways that antitrust authorities and courts should handle situations...

Dark Money Dominates Spending by Special Interest Groups and Sways Elections

New research on undisclosed and unlimited political contributions, or dark money, exposes the increasing role that such funds play in U.S. elections.

The “Conspiracy” of Consumer Welfare Theory

Matt Stoller argues there was a conspiracy. It was more of an association with a singular purpose.

Researchers Find Reduced Competition After Pandemic

The chart of the week comes from a new research paper that documents the increase in small business closures during the Covid...

Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking

Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political...