Expectations of more aggressive monetary easing from the Bank of Japan have weakened the yen, even though there is already little practical difference between its stance and that of the Fed. On...

Slower growth in the BRIC economies makes it less likely that their stock markets will outperform those of the major developed economies again after a couple of disappointing years.

We do not expect the result of the US elections to have a lasting impact on the stock market. Neither the tax hikes on investment income proposed by President Obama nor the tax cuts proposed by his...

The initially limited market reaction to the re-election of President Obama made sense because this was the outcome that had looked most likely. In any event, economic prospects might not have been...