Weekly Market Update
Market Action The EU began enforcing the General Data Protection Regulation (GDPR), which applies to any company doing business in the bloc and includes new privacy rights as well as data collection responsibilities. The GDPR is backed up with high fines: up to 4% of...Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State (Interview)
Sir Paul Tucker is a fellow at the Harvard Kennedy School and chair of the Systemic Risk Council. Previously, he was Deputy Governor at the Bank of England, sitting on its monetary policy, financial stability, and prudential policy committees. Internationally, he was...Weekly Market Update
Market Action The stock market gave back 25% of last week’s gains as investors watched US-China trade tensions. Both the Dow and S&P 500 fell 0.5% and the Nasdaq lost 0.7%, while the Russell 2000 gained 1.2%. Treasury yields retreated from multi-year highs...The Revenge of the Long-Term Cycle: Portfolio Enhancement
In late 1999/early 2000, the excitement of the internet and the dot-com exuberance attracted capital away from investments that require a medium to long-term perspective. The result was that supplies dropped while demand was rising. Welcome to the revenge of...Weekly Market Update
Market Action Global equities showed a solid advance on the week, helping push the major US benchmarks back into positive territory for the year to date. Crude oil prices reached their highest levels since December 2014. President Trump withdrew the US from the 2015...Sign Up for Our Publications
