Recent Posts

Brexiteers are their own worst enemy

As the Brexit shambles rolls on, I’ve been puzzled by the hostility of Brexiteers to the proposal that Theresa May is trying to sell at home and to the European Union. A weird domestic alliance of hardline Leavers and zealous Remainers could block May’s plans, regardless of how the EU responds — and the result might well be a no-deal ...

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Bull market bashers can’t cry complacency

The S&P 500 Index rallied, coming within 0.3 percent of its intraday record set in January. If a new high is rea-ched in coming days, it wou-ld cap an incredible come- back from the sell-off in late January and early February that drove the benchmark into a correction. It would also renew criticism that investors are too complacent. If only ...

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Forget Amazon, GM’s move should worry health insurers

Health-care sector stalwarts may be right in thinking that the joint venture between Amazon.com Inc., JP Morgan Chase & Co. and Berkshire Hathaway Inc. poses no near-term existential threat. It will likely be years before the initiative develops the potential to have a meaningful impact on the industry’s behemoths, particularly insurers. But things are happening elsewhere in the meantime. Employers ...

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