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JPM & BofA Choose Politics Over Fiduciary Duties

Scott Shepard, RealClearMarkets

JPMorgan Chase CEO Jamie Dimon nattered to the Times of India earlier this week about the dangers of central-bank interest-rate increases. "We have to deal with all these serious issues over time,...

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A Layperson's Guide to Federal Home Loan Banks Review

Cornelius Hurley, The Hill

Tomorrow, the Federal Housing Finance Agency will release its much-anticipated report on the Federal Home Loan Banks (FHLBanks). The review of the FHLBanks was commenced over a year ago due to the...

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Investors Are Learning That Bonds Can Lose Money Too

Michael Cannivet, Forbes

In capital markets, one of the most dependable long-term trades has been long duration treasury bonds. However, that dependability is now waning.

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An Actual, Lasting Lesson From LTCM '98 Collapse

Market Minder, Fisher Investments

Concentrated positions carry big risks.

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FedEx's Fred Smith Channels Cordell Hull. So Should Politicians

John Tamny, RCM

While Cordell Hull served FDR as his secretary of state, he was most valuable then and after for his clarity about what advances peaceful foreign policy. Hull was clear that barriers to trade are...

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One Casualty of a Shutdown: Government Data

Ben Casselman, The New York Times

A lapse in funding would delay data on unemployment and inflation as policymakers try to avoid a recession.

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Why Biden Decided to Join UAW Members On Picket Line

Zeeshan Aleem, MSNBC

Facing pressure from his right and his left, the president makes a high-profile gesture of solidarity.

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