Solving for three variables with markets in chaos

This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. We could all really use a calm day in markets today. As of this writing, futures markets suggest … Read more

Trump’s destruction of global alliances

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump prides himself on his unpredictability and transactional approach to life. These are tactics that might work well in the real estate business or a debt restructuring. But when it comes to … Read more

Country houses turn to attic sales to pay tax bills and repair the roof

The writer is a historian and public speaker Holkham Hall, 130 miles north-east of London, is the 18th-century home to the earls of Leicester. The first earl populated his handsome, four-winged mansion with ancient Roman statues and canvasses by Canaletto, Rubens and Van Dyck. Subsequent generations have garnished this opulence. But in February it was … Read more

Why the US mortgage market is addicted to big government

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US presidents, especially Republican ones, like to champion home ownership as an essential component of the American dream. Donald Trump, too, has pushed policies in this vein. But Trump’s quixotic policymaking — particularly … Read more