Investors have been anxious for some time about what rising interest rates will mean for US stocks and bonds. The Federal Reserve kicked that anxiety into a higher gear recently. It wasn’t that the Fed raised the fed funds rate a quarter point — everyone knew that was coming. The real news, as my Gadfly colleague Lisa Abramowicz pointed ...

  In times of trouble for gold — and the yellow metal has slid 11 percent over the past six weeks — India has traditionally provided a safety net. The country’s consumers typically account for between a fifth and a quarter of total global gold demand in the second half of the year, with bargain-hunting buyers putting a floor under ...

  The European Central Bank reckons that financial market uncertainty, as measured by how far stocks, bonds and the euro are from historical norms, is currently close to zero, in contrast with elevated uncertainty during the recessions of 2009 and 2013. The sheer range of known unknowns for 2017 — the outlook for China’s economy, the effect of populism on ...