The global bond and stock selloff has revived unhappy memories of the 2013 taper tantrum, when the Federal Reserve’s rumblings about removing stimulus shaved 17 percent off the value of emerging market stocks in less than two months. For the current difficulties you can partly blame risk-parity funds, which buy benchmark government bonds to hedge against stock portfolios. When bond ...

We sometimes take for granted that which is right before our collective noses. Creative destruction caused by technology is so rampant that it is practically a cliche. It is easy to ignore not only the speed at which disruption caused by technology is affecting society, but the acceleration in the pace of change. This acceleration and its effect on markets, ...

Bloomberg Technology shares drove gains in US equities, while natural gas and crude lifted commodities. The dollar strengthened with Treasuries as investors prepare to parse second-quarter earnings for more evidence global economic growth is back on track. The S&P 500 Index rose for a second day as tech shares rebounded from last week’s selloff. Trading was light, with the volume ...