The pandemic has reduced the demand for office spaces and permanently changed the office environment. But John Stepek says rising interest rates are a bigger threat to commercial property right now.
The Fed’s latest interest-rate rise shows that the “Greenspan put” – the idea that central banks will intervene if markets look like crashing – is dead. It’s a very different world for investors now, says John Stepek. Here’s why, and what it means for you.
US retail giant Walmart has issued its second profit warning in ten weeks as consumer spending habits shift. That’s bad news for Walmart, says John Stepek – but is it bad news for the rest of the economy?
Financial contagion nearly shattered the Euro in 2012, now Italian political strife is rearing its head again. How will the ECB save the Eurozone this time?