Spotting the Emerging Markets Most at Risk: Mark Whitehouse
©2016 Bloomberg View O1U7S46S9728 (Bloomberg View) — Investors worried about emerging markets face a vexing question: Which countries are actually the riskiest? By one measure — corporate leverage — Brazil and India stand out, though for China and Turkey the answer depends on how you look at it. As I noted
Tax Cuts Can’t Motivate Republican Base Anymore: Megan McArdle
©2016 Bloomberg View O1OO3F6JTSEI (Bloomberg View) — Yesterday, in discussing the lower- and middle-class workers who have been increasingly displaced by automation and trade, I wrote that both parties are simply reiterating longstanding policy preferences that are far more geared to the desires of their respective elites, than to the
January Is Turning Out to Be the Kindest Month for Treasuries
©2016 Bloomberg News O1P0U76TTDTO (Bloomberg) — Treasuries are rallying in January for a third year in a row. U.S. government securities have gained 1.8 percent, based on the Bloomberg U.S. Treasury Bond Index. They rose 3 percent in January 2015 and 1.8 percent in January 2014, both the best monthly
Republicans Revel in Trump-Free Debate as He Holds Competing Event
©2016 Bloomberg News O1P0VY6JTSEG (Bloomberg) — The first Donald Trump-free Republican debate began Thursday night in Des Moines with chief rivals reveling in the chance to hit the front-runner without him hitting back—and actually get some attention themselves. “I’m a maniac, and everyone on this stage is stupid, fat and
Whichever Way You Slice It, These Are Wild Days for Asia Stocks
©2016 Bloomberg News O1MW996JIJW1 (Bloomberg) — It’s been three years since Asian stock investors faced volatility this severe. The MSCI Asia Pacific Index has moved up or down more than 1 percent for six straight days, the longest stretch since equities were rocked by the European debt crisis in June
Ted Cruz is Fighting a Style War With Donald Trump
©2016 Bloomberg News O1MO9G6JTSEA (Bloomberg) — Roughly 45 minutes before Donald Trump’s campaign would announce on Tuesday that he was skipping Thursday night’s Fox News debate, as always giddily tipping the Republican race into chaos in a yet another pique of strategic petulance (or is it petulant strategy?), Ted Cruz was
Matt Levine’s Money Stuff: IPhones, Index Funds and Sherpas
©2016 Bloomberg View O1M6WS6KLVRD (Bloomberg View) — Apple Earnings Once you have sold everyone in the world an iPhone, what do you do? Sell them a bigger iPhone on which they can play solitaire? Sell them a smaller iPhone they can wear on their wrists? Sell them a smaller wrist-iPhone, but
U.S. Oil Explorers Seen Reporting $14 Billion in 2015 Losses
©2016 Bloomberg News O1LFFV6S972D (Bloomberg) — During the next eight days, independent U.S. oil explorers are expected to report 2015 losses totaling almost $14 billion, the result of the steepest price collapse in a generation. Hess Corp. kicks off earnings season for the companies on Wednesday with what analysts predict
Ted Cruz and Marco Rubio Are Trying Too Hard: Leonid Bershidsky
©2016 Bloomberg View O1KZS66JTSEC (Bloomberg View) — Ted Cruz and Marco Rubio, the two candidates who are putting up the biggest fight against Donald Trump’s surprise surge in Iowa, aren’t supposed to have much in common. One is a hard-line right-wing maverick with a gift for alienating people; the other
Please Stop Comparing the U.S. to the Fall of Rome: Justin Fox
©2016 Bloomberg View O1KYSL6JTSE9 (Bloomberg View) — People who are worried about the future of the U.S. often find parallels with the decline and fall of the Roman Empire. And oh the parallels there are! Here are a few I dredged up in a brief Internet search: easy monetary policy,