The Pandemic Crisis and the Policy Reaction

On balance, I don’t believe that the Federal Reserve should have raised interest rates last week. However, I must confess that there was one reference in Chairman Warsh’s press conference that left me distinctly uneasy. He noted that year-over-year inflation rates, as measured by ...  Show more

In the Broadway musical, Fiddler on the Roof, Tevye, the well-meaning patriarch of a poor family, has to make some tough choices in a complicated time. Tevye, (who always reminded me of my father-in-law, Bill), has trouble deciding and three times during the play the music comes ...  Show more

It's been a time of tumult on Wall Street – at the hands of the White House.

US President Donald Trump made his plans for tariffs known on the campaign trail, but their scale has taken the world by surprise.

The sweeping tariffs sent global markets into chaos. Th ...

The crew looks back at two of the most notable American political decisions of the 21st century: the 2003 invasion of Iraq and the bailout of American banks during the 2007-'08 financial crisis. Both feel relevant today, as the country marks the 20th anniversary of the Iraq War a ...  Show more

Howard reflects on memos related to the Global Financial Crisis with Bob O’Leary, Co-Portfolio Manager of Oaktree’s Global Opportunities strategy. They share their most striking memories from the years leading up to and during the crisis. They also discuss today’s market environm ...  Show more

In the wake of the attacks of 9/11, the United States took several measures at home and abroad to prevent such atrocities happening on its soil again. Twenty years later and after two bitter wars in Iraq and Afghanistan, did America get its response to the attacks of 9/11 right?( ...  Show more