At a legendary 1974 Washington dinner, economist Arthur Laffer supposedly sketched his famous curve on a napkin, demonstrating how excessive taxation could reduce government revenue. Now researchers ...
With all the talk and rage about the yield curve and what it may signal, its important to take a step back to analyze what a yield curve is, what it’s meant to share with investors, and how it can ...
About a half-century ago, my investment and economic mentor, Bradford F. Story, remarked that leaders at the Federal Reserve and Treasury would never succeed until they disabused themselves of the ...
There's an 85% chance the US economy will enter a recession in 2024, the economist David Rosenberg says. He highlighted a relatively new economic model that has proven to be more timely than the yield ...
Arthur Laffer, the Reagan-era guru of trickle-down economics, was unchastened by the deficit explosion back then, which effectively disproved his theory that cutting taxes on the rich would increase ...
There's a worrying signal in the bond market that suggests a recession could soon arrive. The spread between the two-year and 10-year Treasury bonds has started to narrow. As the yield curve ...
Since President Trump’s inauguration on Jan. 20, it seems that many people—particularly the chattering classes—have suddenly become experts in international trade. Mr. Trump’s tariffs have spawned a ...