International Selection

According to macro strategist Felix Zulauf, founder and president of Zulauf Asset Management and Vicenda Asset Management in Zug, the almost seven-year-old bull market is over.

A generation that has inherited an open society from its parents will not understand what is required to maintain it until it has been tested and learns to keep fear from corrupting reason. A column by George Soros.

In pursuing its domestic objectives, China risks inadvertently amplifying global financial instability. Markets worry that renminbi devaluation could «steal» growth from other countries. A column by Mohamed A. El-Erian.

Willem Buiter, chief economist of Citigroup, doubts the official figures on growth in China. He expects more bad news from China until the problems there are dealt with a fiscal stimulus. He advises the same measure for the Euro area.

New technologies and approaches are merging the physical, digital, and biological worlds in ways that will fundamentally transform humankind. This is one of the biggest challenges of our time. A column by Klaus Schwab.

Wall Street veteran Art Cashin warns that bankruptcies in the US oil industry could cause severe stress in the financial system. He believes the rate hike of the Federal Reserve was a mistake.

Evidence from past El Niños suggests that the current big one is likely to leave a significant footprint on global growth: Supporting recovery in the US and Europe, putting pressure on emerging markets. A column by Kenneth Rogoff.

What’s special about the threats emanating from Russia, China, the Middle East, and cyberspace is that they will persist and threaten our economic future for years to come. A column by Martin Feldstein.

Putin and Trump certainly deserve each other. Both are consummate propagandists and performers. And both are prepared – even eager – to bully, harangue, and lie to get ahead. A column by Nina Khrushcheva.

Western oil companies should sell their existing oil reserves as quickly as possible and distribute the resulting tsunami of cash to their shareholders until all of their low-cost oilfields run dry. A column by Anatole Kaletsky.

The trouble in normalizing monetary policy arises because the Fed, like other major central banks, has now become a creature of financial markets rather than a steward of the real economy. A column by Stephen S. Roach.

Austerity will not work in Puerto Rico; the territory in the Caribbean needs an investment-led recovery, with measures oriented toward boosting growth by reducing the cost of doing business. A column by Simon Johnson.