India Needs Dramatic Growth, and Modis Not Helping
March 5, 2018

It was a sight to warm the heart of an Indian nationalist: Prime Minister Narendra Modi, at the Republic Day celebration on Jan. 26, welcoming one by one his 10 chief guests, the leaders of the Association of Southeast Asian Continue reading

Silicon Valleys Singularity University Has Some Serious Reality Problems
February 23, 2018

The pitch was simple: Forget accredited graduate schools and think big at Singularity University. Google co-founder Larry Page and futurist Ray Kurzweil could be among your lecturers in the Graduate Studies Program at Singularity, named for the notion that humans Continue reading

Air-Taxi Startup Has a Working Prototype and a Fresh $100 Million
February 20, 2018

If you want to see JoeBen Bevirt’s flying car, you have to get in a helicopter. The engineer’s private airfield is nestled in a valley on the Northern California coast between Monterey and Santa Barbara, and it’s remote by design, Continue reading

For Chinas Wealthy, Singapore Is the New Hong Kong
February 11, 2018

When more than 80 of China’s wealth managers gathered recently at the Shangri-La hotel on Singapore’s resort island of Sentosa, the chatter during tea breaks kept returning to one theme: Hong Kong is starting to be eclipsed by Singapore as Continue reading

Walgreens’s Deal Aversion Can’t Last
January 8, 2018

CVS Health Corp. wasn't frequently mentioned on Walgreens Boots Alliance Inc.'s first quarter earnings call Thursday.

But CVS's $69 billion deal for insurer Aetna Inc. loomed large as Walgreens reported mixed results – it beat analyst revenue estimates, but profit fell 22 percent from Continue reading

Bitcoin Has Some Bad News, and Nobody Cares
December 14, 2017

What would dampen a buyer's enthusiasm for Bitcoin, the cryptocurrency whose uncharted, speculative price bubble has eclipsed history's tulip manias and gold rushes?

Three things come to mind: a security breach or theft, a major retailer warning against its patchy Continue reading

Distressed Investors Are Already Buying Houston Homes for 40 Cents on the Dollar
November 10, 2017

Bryan Schild drives through the byways of Houston looking for what could be the investment opportunity of a lifetime: homes selling for as little as 40¢ on the dollar. “We Pay Cash For Flooded Homes $$$$$$$$ Don’t fix it, sell Continue reading

How to Profit From Behavioral Economics
November 5, 2017

When people can’t understand what markets are doing, they often turn to psychological phenomena to try and explain it: Think of stock phrases such as “irrational exuberance,” “greed and fear,” and “climbing a wall of worry.” Even economists now widely Continue reading

Everything Is Crazy and the Markets Arent Freaking Out
November 3, 2017

At Credit Suisse Group AG’s prime brokerage desk in midtown Manhattan, the phone hardly seems to ring anymore. Its hedge fund clients don’t call about Donald Trump’s tweetstorms and the stock market or ask what to do when terrorists Continue reading

How Saudi Arabia Is Building Its $2 Trillion Fund
October 26, 2017

Saudi Arabia is stepping up plans to turn its sovereign wealth fund into a global giant. This week, it’s holding a coming-out party of sorts for the Public Investment Fund, which is central to the government’s effort to diversify the economy away from oil, under Continue reading