telling

Michael Purves, Weeden & Co.; Robert Hormats, Kissinger Associates; and Brian Belski, BMO Capital Markets, discuss what's likely driving the global market sell-off. more...

What is to be done? To find an answer, listen to the markets. They are saying: borrow and spend, please. Yet those who profess faith in the magic of the markets are most determined to ignore the cry. The fiscal skies are falling, they insist, according to the FT. more...