Banks were a big part of Thursday night’s Democratic debate, as they were at last week’s debate. While Bernie Sanders (and Elizabeth Warren) want the big banks broken up, the justification for that move is at best murky. Below are some charts that counter the passionate but flawed rhetoric against our biggest banks. For the […]
The last update from the betting markets before the first votes are cast on Monday shows that both Donald Trump and Hillary Clinton are the odds on favorites to win their respective caucuses (as well as their parties’ nominations.) For video clip, click here. […]
Many economists believe that the state of financial markets, the economy and other quantitative metrics can be used to successfully predict the outcome of presidential elections. Below are three charts laying out three different methodologies. For video clip, click here. The stock market […]
The announcement by General Electric that it would move its headquarters to Boston sends two important messages: First, that being a high tax state is challenging when it comes to retaining business. And second, that it is particularly difficult to be a high tax state when you don’t offer the attractiveness of an urban environment […]
To understand why many of Trump’s supporters respond to his message of making America great again by shutting down our borders and cutting off free trade deals, look at who is supporters are and what’s been happening to their pocket books. (For video clip, click here) […]
The Chinese stock market started the year in free fall, with one key index – the CSI 300 – dropping nearly 12% in just four days of trading. That contributed to a terrible start to the year for stock markets around the world: As of Thursday’s close, the S&P was down 4.9% so far in […]
On today’s Morning Joe, Steven Rattner discussed the Fed’s first rate hike in nearly a decade — the first of what is likely to be a series of interest rate increases. The Fed cited a recovering economy and concerns about not getting behind the inflation curve as reasons for its actions. This will mean higher […]
In light of the San Bernardino shooting on Wednesday, Steven Rattner discussed gun ownership and gun violence in America on today’s Morning Joe. It seems incontrovertible that the US has too many guns. Perhaps the simplest way to look at it is to […]
On today’s Morning Joe, Steven Rattner explains how ISIS makes its money (hint: it’s not just oil!) and what it spends it on.
On today’s Morning Joe, Steven Rattner breaks down the tax plans of major Republican candidates.
