The spectre of dollar doomsday still looms

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world In 2019, I wrote a column about the coming “dollar doomsday scenario” in which a fundamental shift in globalisation and towards a post-Bretton Woods system would lead to a fall in both the … Read more

How to pass unpopular reforms

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If this week’s World Bank and IMF spring meetings were distilled into three core messages, they would probably be: low growth, high debt and unprecedented global upheaval. That is a difficult trio to overcome. Stimulating … Read more

Trump and the art of ‘dealism’

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world “I never get too attached to one deal or one approach” — words attributed to a certain Donald J Trump in 1987. “For starters, I keep a lot of balls in the air, … Read more

The S&P 500 is still significantly overpriced

This article is an on-site version of Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Welcome back. Every twist and turn from the White House brings a new rally or sell-off in the … Read more

Musk needs to become a more normal CEO

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Has dabbling in politics ever proved so costly? Between its peak last December and its dismal first-quarter sales and earnings report last week, Tesla lost roughly $800bn in market value. That knocked a cool $100bn … Read more