Matt Phillips

Plenty of millennials believe they know exactly how the world should be run.

Pity the hedge fund manager.

African-American abolitionist Harriet Tubman will replace Andrew Jackson on the front of US $20 bill. And a portrait of Alexander Hamilton, the first US Treasury secretary and the subject of a hit musical now on Broadway, will remain on the front of the $10 bill.

It’s getting serious.

I’ve tried to stay above the fray, when it comes to Canada’s new easy-on-the-eyes prime minister.

China is still growing at a healthy clip, China says.

It starts with a V.

It will take decades for Myanmar to undo some of the economic damage inflicted by the military regime that ruled the country for more than 50 years.

Profits still matter.

If you want to understand the state of the economic and financial world right now, this is the best chart to have.

At first, it seems like a small thing. Reuters reports this morning that the European Union is weighing whether to start requiring visas from Canadian and US visitors to the region.

Once upon a time, the Fed expected to raise its benchmark interest rate, the Fed funds rate, to 1% by the end of 2016.

The scourge of global tax evasion screamed back into the news this week, erupting from the giant Panama Papers leak.

The European producer price index is not the prime rib of economic data. It’s more like the rump roast.

Bring it.

China’s giant debts are starting to worry credit ratings agencies.

Well this is awkward.

We are feeling quite smug. Quite.

Democrats are the party of US economic growth.

It’s getting uglier. Fast.

This post has been corrected.

This is what a bust looks like.

The benchmark gauge of the US stock market, the S&P 500, briefly poked its head above water Thursday, as the index moved into positive territory for the first time during 2016. Alas, the blue-chip index couldn’t hold its scant gains through the close of trading. At any rate, the Federal Reserve’s decidedly dovish tone in yesterday’s monetary policy announcement seems to have put a bit of gas in investors’ engines, as has the rebound in some commodity prices. In fact, oil price gains have been outpacing stocks this year.

There are too many ships and not enough stuff to put in them.