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The Barometer Broke
The American stock market made a new all-time high on the afternoon it learned the economy had lost jobs, because a…

Borrowed Time
The fireworks were at Microsoft, but the real story of the week was borrowed money beginning to break in four places at…

From Saving to Withdrawel: the Digital Evolution of Pensions
Switzerland is aging, and with it, the logic behind life insurance. What was once purely a wealth-building product must…

The Floor, Not the Ceiling
America’s thirty-year borrowing cost reached its highest since 2007, France paid four per cent for the first time…

The Mistake That Makes a Difference
A young consultant loses a client after eleven years because she recommended the wrong coverage plan. The following…

The Future Declines to Ignite
The largest company ever floated fell below its own price and, asked to light its engines, refused; a television tip…

Punished for Winning
A ceasefire that runs like a summer sitcom, a company that multiplies its profit nineteen times and is sold for it,…

Still Dancing
Eight trading days lay between the “crash” and the “coronation” – between a trillion dollars in losses for the AI…

D&O Insurance for SMEs: Those Who Are Liable Usually Don’t Know It
In Swiss SMEs, D&O insurance is now considered standard. What nobody explains is that the policy protects against…

Falling Is Not Breaking
A trillion dollars leaves the artificial-intelligence giants, a doomed burger chain levitates on a Reddit chant, and…

The Worst Decision of the Day
It’s 4:47 p.m. There’s a proposal on the table that I wanted to send out that very afternoon. Tomorrow…

The Week the Oracle Began to Fall Silent
When Kevin Warsh scrapped the Fed’s forward guidance on Wednesday, he said almost nothing—and yet his actions spoke…