Oil companies face a huge challenge – prices are collapsing, but they can’t stop pumping. The slide won’t stop until the bankruptcies begin, says John Stepek.
Articles written by John Stepek
When markets are surging and sliding like this, it’s easy to feel the need to just ‘do something’. And maybe you should, says John Stepek.
The panic coming out of China has infected markets around the world. Should investors resign themselves to more of the same? John Stepek investigates.
China’s stockmarket has taken a battering, and the panic is starting to spread across the globe. But it’s only a matter of time before central banks step in, says John Stepek.
Investors have plenty of reasons to be cautious at the moment, says John Stepek. But when it comes to Chinese stocks, the signs are more promising.
Commodities giant Glencore sent investors a clear sell signal in 2011. John Stepek explains why investors looking to buy back into the sector should look to the Federal Reserve.
Investors put a lot of faith in central bankers being able to control the markets. John Stepek explains why that’s a big mistake.
If another recession comes our way with interest rates at current levels, central bankers will have to get really radical, says John Stepek.
As the yuan continues to fall, John Stepek explains why China wants a weaker currency, what it means for the world economy – and how it affects you.
The devaluation of the renminbi could mean more countries joining the ‘race to the bottom’. John Stepek looks at what’s behind the yuan’s fall, and what it means for investors.