Greg Ip

Unable to displace the dollar, crypto became just another asset without traditional asset markets’ guardrails.

While supply disruptions are subsiding, without slower demand, inflation will still be too high for the Fed’s comfort to stop raising interest rates.

There is more behind the stock market’s downdraft than higher inflation and interest rates. It is also a sign the economy has arrived at a new postpandemic normal—and it isn’t as lucrative as investors had hoped.

The war in Ukraine, sanctions, export controls and natural disasters all threaten commodity supply chains.

Marine Le Pen has softened her opposition to the European Union, but if elected she could still destabilize the bloc.

As fiscal and monetary policy reverses course and gasoline prices eat into spending power, growth could slow abruptly.

The surge of inflation in the past year, like the eruption of the financial crisis 14 years ago, could fundamentally alter policy makers’ priorities.

With Russian output shut in, U.S. producers could gain market share even as the world hastens the shift to renewables.

Inflation is higher, the labor market tighter and real rates more negative than in past periods when the Federal Reserve raised interest rates without causing a recession.

In an economic Cold War pitting China and Russia against the U.S. and its allies, one side holds most of the advantages. It just has to use them.