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Like a bad movie sequel, this week’s China-inspired stock market swoon may turn out to be worse than the original 2015 summer blockbuster. In August the U.S. stock market dropped more than 10% after China’s initial foray into letting its currency float in an attempt to shore up its flagging… Read More

The first trading day of 2016 brought with it a painful reminder of just how pernicious the past six months have been on the stock market’s nerves. Within two hours of opening the S&P 500 Index fell by 2.6%, pushing it below the 2,000 level for the first time since… Read More

Signs are everywhere that Americans have tired of playing the “long game” in dealing with the global financial crisis that erupted seven years ago. One way to judge how satisfied (or not) society is with the current condition is by the choices it makes. And right now, those choices are… Read More

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