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The China challenge is new Sputnik moment for the US

One of the weirdest aspects of this year’s Democratic presidential campaign is that foreign policy, potentially one of President Trump’s most vulnerable issues, has been nearly absent from the debate. Trump is steering the country into a foolish trade war with China that has spooked the stock market, frightened farmers and fuelled uncertainty among investors at home and abroad. Without ...

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Italian politics meet European rigidity

Italy’s renewed political upheaval comes at a bad time for the European Union. The latest turmoil could all too easily become a full-blown economic crisis — one that might not be confined to Italy. There’s no quick way to fix the country’s politics. But the EU can resolve, at least, to avoid making matters worse. The latest alarm follows Deputy ...

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Healthcare may not be stock haven it once was

Recession fears and volatility are rearing their heads again, which means investors may look for safe havens. One path traditionally leads them towards health care, which has often been relatively insulated when equities are shaky and the economy takes a downward turn. People don’t stop getting sick, and safety net programs smooth consumption. America’s aging population means that spending might ...

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