The Fed and the Stock Market

Can the Market Still Bet on the ‘Greenspan Put’?
https://www.wsj.com/economy/central-banking/can-the-market-still-bet-on-the-greenspan-put-f3e19238
The return of inflation after the pandemic has left a question mark over whether the Put still exists—and plenty of debate about whether it is a good thing. 

Related:

Have misguided policies led to recent asset bubbles and boom-bust cycles? BY VIVEKANAND JAYAKUMAR, The Hill - 02/16/21
https://thehill.com/opinion/finance/538921-have-misguided-policies-led-to-recent-asset-bubbles-and-boom-bust-cycles/

British Politics

The Forces That Broke the Two-Party System in the U.K.
https://www.wsj.com/world/uk/the-forces-that-broke-the-two-party-system-in-the-u-k-30137b8a
British politics has gone from predictable and patrician to utterly maverick. Now, the once unthinkable looks possible: an unpopular populist taking power. 

‘A Terrible Inheritance’: Could Andy Burnham Succeed Where Starmer Failed?
https://www.nytimes.com/2026/06/23/world/europe/uk-burnham-starmer-politics.html
The likely successor to Prime Minister Keir Starmer will face the same challenges of economic stagnation and ascendant populism. Will Britain give him time?

Overpaid CEOs?

Top-Paid CEOs Smash the $200 Million Payday
https://www.wsj.com/articles/ceo-pay-2025-d2885ea3   

AI and White-Collar Work

When Did White-Collar Work Start to Look So Bleak?
https://www.newyorker.com/magazine/2026/06/22/mutiny-noam-scheiber-book-review-yuppies-dylan-gottlieb
In the nineteen-eighties, an office job promised security and fulfillment. For graduates starting careers today, the prospect is often tinged with dread. 

Simon Johnson: ‘Nobody needs as many white-collar workers as they used to’
https://www.ft.com/content/233b76cf-2e30-48bd-96fc-b996ad5e307a

Greenspan's Legacy

The Myth of Alan Greenspan as the ‘Maestro’
https://www.wsj.com/opinion/alan-greenspan-dies-100-federal-reserve-61d9214f

Alan Greenspan, Influential Fed Chairman Whose Legacy Was Dimmed by the Financial Crisis, Dies at 100
https://www.wsj.com/economy/central-banking/alan-greenspan-fed-chair-dies-100-eeacb8eb
For 19 years, he piloted the U.S. economy through global upheaval. Critics faulted his hands-off approach to financial regulation. 

Alan Greenspan’s Mixed Legacy
https://www.project-syndicate.org/commentary/alan-greenspan-fed-chair-mixed-legacy-by-barry-eichengreen-2026-06
The longtime Federal Reserve chair inferred from past crises that lightly regulated markets, while prone to excesses, could right themselves sufficiently to avoid imperiling the financial system and the economy. The correct lesson would have been that markets require strict regulation, and that competent technocrats are essential.

Related: https://www.wsj.com/economy/central-banking/alan-greenspan-legacy-48a2d38f   

Venezuelan Oil Strategy

The Hole in Donald Trump’s Venezuelan Oil Strategy
https://www.newyorker.com/news/the-lede/the-hole-in-donald-trumps-venezuelan-oil-strategy
American investors are flocking back to the country’s vast reserves, lured by promises of reform. But the officials who ran the industry into the ground are still the ones in charge. 

Prediction Markets – Theory versus Reality

Economists have long pushed for prediction markets. The reality is not what they’d hoped for
https://www.cnn.com/2026/06/21/business/prediction-markets-economists