Angst in America, Part 4: Disappearing Pensions
Wonder how you manage to make ends meet
Who finds the money when you pay the rent?
Did you think that money was heaven sent?”
Fewer, but still with us
The world has made great progress in eradicating extreme poverty
Turkey's Struggling Economy
The Demise of the Anatolian Tiger
By Maximilian Popp
Photo: daniel Roland/Agence France-Presse/Getty Images
Why ECB’s Negative-Rate Policy is Out of Order
Just as elsewhere, the ECB’s exit from loose monetary policy is more complex than its introduction
By Richard Barley
Photo: Bloomberg News
Manufacturing’s Recovery Is a Double-Edged Sword
Stronger manufacturing activity bodes well for economic growth but isn’t necessarily great for stock investors
By Steven Russolillo
President Donald Trump’s pledge to revitalize American manufacturing is already bearing fruit in recent factory data. Stock-market investors like that. They may be less pleased if it emboldens a faster rate-tightening cycle.
More evidence of manufacturing’s latest rebound is expected Monday when the Institute for Supply Management releases its monthly report. Factory activity has expanded significantly in recent months, giving hope that the U.S. economy could also be poised for faster growth as well.
Economists polled by The Wall Street Journal estimate that the ISM’s manufacturing index hit 57.5 in March, comparable to the 57.7 reading in the prior month. That would mark the seventh straight month the index has been above 50, matching the longest streak in six years. Readings above 50 imply customers’ orders and factory production are expanding.
Europe’s Illiberal Establishment