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Homestead Reads

  • Solar Mosaic Plans Bankruptcy Filing as Clean-Energy Woes Mount
    June 6, 2025
    Solar Mosaic LLC, one of the largest US providers of home solar loans, is planning to file for bankruptcy in the face of market uncertainty over federal support of clean energy, according to people familiar with the matter.
  • Asset Managers Jump Back Into Brazil’s Battered Stock Market
    June 6, 2025
    Asset managers in Brazil are ramping up to take full advantage of a comeback in local equities after long stretches of weak performance pushed investors to flee.
  • US Jobs Report Points to Gradual Moderation in Labor Market
    June 6, 2025
    US job growth moderated in May and the prior months were revised lower, indicating employers are cautious about growth prospects as they weigh the Trump administration’s economic policy.
  • Private Equity Is Troubled, $1 Trillion Kuwait Fund’s Boss Warns
    June 6, 2025
    The head of one of the world’s largest sovereign wealth funds said the clock is ticking for private equity and joined the chorus of investors who’ve grown worried about the industry’s valuation practices.
  • Lululemon Projects Lower-Than-Expected Growth for Second Quarter
    June 5, 2025
    Lululemon Athletica Inc. shares plunged after the upscale athletic-wear company trimmed its profit outlook for the full year and projected lower-than-expected sales for the current quarter.
  • Summers Says Debt Surge From Trump Plan Will Undermine US Power – Bloomberg
    June 5, 2025
    Former Treasury Secretary Lawrence Summers said that President Donald Trump’s signature tax and spending plan will add to the US debt load in a way that will end up undermining the nation’s status as the preeminent global power.
  • Medicare Surfaces as Target for Cuts to Pay for Trump Tax Bill
    June 5, 2025
    Senate Republicans are considering cuts to Medicare spending to help pay for Donald Trump’s signature legislative package.
  • Jim Chanos Sees Big Short in Saylor’s Strategy, But Others Aren’t So Sure – Bloomberg
    June 5, 2025
    Buy Bitcoin, short Michael Saylor’s Strategy. That’s the latest call from legendary short-seller Jim Chanos, who sees the arbitrage play as a no-brainer. Others aren’t so sure.
  • Japan 30-Year Bond Auction Demand Weaker Than 12-Month Average
    June 5, 2025
    Japanese government bonds rose after an auction of 30-year debt wasn’t as bad as many investors had feared.
  • Global Bond Auctions Show Weaker Trend as Fiscal Pressures Grow – Bloomberg
    June 5, 2025
    A spate of poorly-received longer-dated sovereign bond auctions worldwide has raised questions about the willingness of investors to fund the spending plans of governments from the US to Japan.
  • Interest rates are normal, the world is not
    June 5, 2025
  • Exclusive | Economists Raise Questions About Quality of U.S. Inflation Data – WSJ
    June 4, 2025
  • Automakers Race to Find Workaround to China’s Stranglehold on Rare-Earth Magnets
    June 4, 2025
    Major manufacturers, fearful they will have to shut down assembly lines, are considering moving some production of parts to China.
  • Can anything stop America’s superstar hedge funds?
    June 4, 2025
    Citadel and other giant funds have remade public markets
  • How the next financial crisis might happen
    June 4, 2025
    The new titans of Wall Street present the world with new risks
  • How Blackstone and its biggest rivals are drifting apart
    June 4, 2025
  • It’s time for the second draft of globalisation
    June 4, 2025
  • Semiconductor Subsidies? Tried and Failed – WSJ
    June 3, 2025
    Congress wasted taxpayer dollars on Sematech in 1987. The 2022 Chips and Science Act is a repeat.
  • Brazil's Economy Is Primed for a Dose of Mileinomics – Bloomberg
    June 3, 2025
    Fiscal consolidation is inevitable in Latin America’s biggest economy. It could also be a winning strategy in next year’s presidential election.
  • Passive Aggressive: The Increasing Risks of Passive Dominance | Research Affiliates
    June 3, 2025
    While passive indexing increases correlations, distorts prices, and heightens systemic risk, it also creates opportunity for active investors to profit from systematic rebalancing.
  • Meta to Buy Nuclear Power From Constellation as AI Demand Soars
    June 3, 2025
    Constellation Energy Corp. agreed to sell power from an Illinois nuclear plant to Meta Platforms Inc. as artificial intelligence sends power demand soaring
  • Private Equity Executives to Spend Berlin SuperReturn Event Winning Investors – Bloomberg
    June 2, 2025
    As buyout executives gather for their yearly jamboree in Berlin, some are talking about the once dominant industry becoming a niche asset class.
  • South Florida Home Contracts Slump in ‘Uniquely Bad’ Slowdown
    June 2, 2025
    South Florida’s pandemic-fueled real estate boom is showing more signs that it’s running out of gas.
  • Boeing Upgraded to Buy at Bank of America as Trump Favors Planemaker for Trade Talks
    June 2, 2025
    The Trump administration has been including orders for Boeing Co. planes in trade discussions, and that’s helping to restore Bank of America Corp.’s confidence in the stock.
  • America has found a new lever to squeeze foreigners for cash
    June 1, 2025
    Donald Trump’s tax bill targets foreigners with alarming levies
  • Demand for American degrees is sinking
    June 1, 2025
    Trump’s war on universities could drive away America’s brightest import
  • Want to destroy American business? Protect it, writes Carl Benedikt Frey
    June 1, 2025
    The lessons of the past are clear, argues the economic historian: in the long run, tariffs choke growth
  • American finance, always unique, is now uniquely dangerous
    June 1, 2025
    Donald Trump is putting an untested system under almighty strain
  • Dollar’s correlation with Treasury yields breaks down
    June 1, 2025
  • Could Sheinbaum Be Mexico’s Agent of Change? – Bloomberg
    June 1, 2025
    The president is proving to be a seriously good politician. But some fear she'll become a generous dictator.
  • The South Is Having Second Thoughts About Trading Pine Trees for Solar Panels – WSJ
    June 1, 2025
  • Why doesn’t government work in the US?
    May 31, 2025
    Most Americans used to think of it as a force for good — not any longer
  • The Soul-Sapping Grind of Doing Business in Bureaucratic Germany – WSJ
    May 31, 2025
    Entrepreneurs warn that the country’s thicket of red tape has grown so dense it could choke a planned $1.1 trillion stimulus package
  • Jamie Dimon Says Crack in the Bond Market Is ‘Going to Happen’ – Bloomberg
    May 30, 2025
    Jamie Dimon warned that a crack in the bond market is “going to happen” after the the US government and Federal Reserve “massively overdid” spending and quantitative easing.
  • House passes tax bill to counter unfair foreign taxes on U.S. investments
    May 30, 2025
    RSM explains how the tax bill to remedy unfair foreign taxes would affect taxation of investment funds with foreign investors. Learn more.
  • Congress Could Unravel Biden’s Climate Law. Here’s What to Watch.
    May 30, 2025
    How Republicans want to remake the Inflation Reduction Act.
  • Targeting Chinese Students Threatens the Bottom Line at American Universities – WSJ
    May 30, 2025
  • Italy’s exodus of young talent worsens population squeeze
    May 30, 2025
  • Tokyo Prices Rising Most in Two Years Put Pressure on Ishiba – Bloomberg
    May 29, 2025
    Prices in Tokyo jumped the most in two years, in a worrisome sign for Prime Minister Shigeru Ishiba ahead of a summer election, and one that will keep the central bank on track for another rate hike in coming months.
  • Hyundai Weighs Across-the-Board US Price Hikes to Blunt Tariffs
    May 29, 2025
    Hyundai Motor Co. is preparing to increase the price of all of its US vehicles as the automaker looks to cushion the blow from tariffs imposed by President Donald Trump, according to people familiar with the matter.
  • Cancer Drugs Cost More Than Ever. They Often Don’t Extend Lives
    May 29, 2025
    Pharmaceutical companies are making billions on treatments that can sometimes overpromise and underdeliver for terminal cases.
  • The $1tn shadow bank lending boom
    May 29, 2025
  • US Corporate Profits Fall By Most Since 2020 Ahead of Tariffs
    May 29, 2025
    US corporate profits fell in the first quarter by the most since 2020, indicating large companies were already feeling some pressure prior to the Trump administration’s sweeping tariffs on global trading partners.
  • Trump’s Trade Strategy Upended After Court Blocks Global Tariffs
    May 29, 2025
    President Donald Trump’s tariff strategy has been thrown into turmoil after a US court issued a rare rebuke blocking many of the import taxes he has threatened and imposed on other countries.
  • DOGE Has Failed to Halt Increases in Federal Spending – Bloomberg
    May 29, 2025
    Outlays since Trump took office are up 8.7% for all the usual reasons: Social Security, Medicare and other insurance programs.
  • Finance is ready for a blockchain reset
    May 29, 2025
  • Trade Court Strikes Down Trump’s Global Tariffs – WSJ
    May 29, 2025
  • Wilbur Ross Says Investor Confidence Risks Fading Within Weeks
    May 28, 2025
    The relative calm in US stock markets has an expiration date, according to Wilbur Ross: late June.
  • Blackstone Buys $5B in Private Equity Stakes From New York Pensions – Bloomberg
    May 28, 2025
    Blackstone Inc. agreed to buy $5 billion of private equity holdings from the New York City pension system, one of the largest sales of its kind.
  • Private Equity Fundraising Plunges Amid Struggle to Return Cash – Bloomberg
    May 28, 2025
    Private equity firms have seen a sharp drop in fundraising this year, the latest sign of how a slowdown in dealmaking and initial public offerings has hurt an industry that’s struggling to return capital to investors amid high borrowing costs.
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