Negotiating new trade agreements will be a prolonged and tricky affair. But there is another option: unilateral tariff disarmament. John Stepek explains.
Articles written by John Stepek
Many of Europe’s banks still look pretty haggard, says John Stepek. But if you look carefully, you might just find some bargains.
The Bank of Japan has surprised the markets by not radically extending its stimulus package. But rather than be disappointed, the markets seemed to like it. John Stepek explains why.
Oil’s recovery seems to be sputtering out. John Stepek looks at what a fresh slide in the oil price could mean for monetary policy, the economy, and for you.
NatWest has warned it could charge customers for holding their money. It’s a worrying signal about the way things are going – it could lead to the end of cash.
Markets are watching US and Japanese central banks this week as they decide where to take monetary policy next. Here’s what might happen, and how it could affect you.
Two big oil company bosses have called the bottom of the oil market, and are talking up the industry’s prospects. But there are still plenty of reasons to worry.
Want to make money in the markets? You could do it the hard way. Or you could find a market that’s been warped by central banks’ endless streams of cash.
Certainly out of the European Union, she has promised. But what else has our new prime minster got up her sleeve? John Stepek reports.
Markets exist to allocate capital efficiently. But central banks have turned them into casinos, with investors chasing anything that offers a positive yield. That’s bad for capitalism, says John Stepek.