“Without a far larger pool of renminbi assets that foreigners can freely buy and sell, the renminbi cannot come close to replacing the dollar.”
“It is simply not possible to fund the state’s needs by leaning on a few hundred people, as politically appealing as that may be.”
Return to bonds after long sell-off comes as concern rises about over-reliance on tech spending
What will the US president’s last two years in Washington look like?
Productivity is up and employment is down in the tech sector but elsewhere the picture is muddier