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NOTHING IS PERMANENT EXCEPT CHANGE

Authoritarian leaders worldwide are confronting mounting crises of their own making. But while Chinese President Xi Jinping and Russian President Vladimir Putin face slower-brewing challenges, Turkish President Recep Tayyip Erdoğan and US President Donald Trump seem to be bringing matters in their respective countries to a head.

The Federal Reserve raised interest rates for the second time this year on Wednesday and is looking at two more for 2018 amid a strong outlook for the U.S. economy. A fourth rate hike this year could bring about an inverted yield curve and economic slowdown, Principal Global Investors CEO Jim McCaughan believes. McCaughan pointed to what he […]