Bloomberg The race to lead South Africa’s ruling party is turning increasingly nasty. Allegations that Deputy President Cyril Ramaphosa, a front-runner for the post, had extra-marital affairs with at least eight women and paid expenses for some of them were splashed across the front page of the Sunday Independent, which cited Ramaphosa’s private emails to back up the story. It …

A week ago I expressed the hope that President Donald Trump’s lamentable performance after the Charlottesville protests would hurt his standing in the polls. This didn’t happen. If there was a blip, it was in the other direction. I’d be pleased if Trump’s regrettable decision to pardon former sheriff Joe Arpaio dented his popularity, too, but I’m not holding my …

William Cline is going against the grain. Cline, a well-known economist, isn’t convinced that the stock market is wildly overvalued. That’s an increasingly lonely view. “Warning Signs Mount as Stocks Stumble,” The Wall Street Journal headlined earlier this week. “Investors are running out of reasons to keep buying US stocks, exposing a growing number of warning signs,” the Journal wrote. …