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Almost everyone is a winner in India stocks this year

There’s something about the Indian stock market this year that’s turning the serious business of managing money into a kindergarten spoon race: Everybody is a winner. Well, almost everybody. Among offshore funds that primarily invest in India, the top 30, which between them account for $40 billion in assets, have produced average returns of almost 25% so far in 2017, ...

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May’s election gamble goes disastrously wrong

UK Prime Minister Theresa May’s election gamble has failed disastrously. The consequences are dire for her party and government, and could be equally bad for her country’s relationship with Europe. May had hoped to increase her Conservative majority in Parliament, and instead has seen it wiped out. The Tories are the largest party in the House of Commons and with ...

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What Comey said and what it means

As former FBI Director James Comey testifies before the Senate Intelligence Committee, it’s useful to bear two things in mind: What he’s describing isn’t normal. And it isn’t going away. In a written statement released before his appearance, Comey depicted a disturbing sequence of events related to the investigation into Russia’s meddling in the 2016 election. President Donald Trump repeatedly ...

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