Tag "Jeremy Stein"

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Economics North America

US Decline Series: Financial sector health makes US a sound investment

The US regulatory response to the crisis has resulted in a stronger market and equipped the US to deal with future crises. This GRI series challenges the myth of the American

Finance North America

Are loans causing U.S. financial markets to overheat again?

Low interest rates in the U.S. enabled the 2013 bull market but have also created the conditions for another credit bubble. Covenant-lite loans, the latest financial innovation, could spell trouble.