A British banker and mother of two who has lived in Hong Kong since 2008 recently told me that “push factors are adding up” and she’s “close to the point” of taking the risk of relocating to Europe for the sake of her eight-year-old daughter’s well-being after a year of schooling disruptions. Welcome to the Covid-19 reset. This year has ...

As Bitcoin soared to above $28,000 over the weekend, talk resumed about the promising and dramatic future of cryptocurrency. The chief global strategist of Morgan Stanley Investment Management even suggested that Bitcoin could replace the dollar as a global reserve currency. Cryptocurrency serves some useful purposes. But there are some pretty wild speculations going around. One of the more fundamental ...

As long as Wall Street has been in existence, it has been a tradition around this time of year for market participants to make predictions about what might happen to stock prices, interest rates, commodities and exchange rates in the following 12 months. These predictions garner a lot of attention, as they are made by very smart people with access ...