new normal

Now Creating Jobs in America: Emerging Markets

Beware of the constant metaphors used to frame the world economy as if it were a war or zero-sum competition. Investors should remember that economies cooperate as much as they compete when it comes to how things work on the world stage. The current U.S. manufacturing boom is a case study.

Why Earnings Are Booming Amid a Tepid U.S. Economy

The "new normal" coined by Pimco posited a long era of diminished earnings and stock prices as overleveraged consumers and companies cut back spending. But it's not playing out that way. It seems Corporate America is growing less and less dependent on America.

Is the 'New Normal' Slow Growth? Not Necessarily

Pessimists say growth simply won't be as vigorous as it was in the past. But a growing roster of high-profile money managers are taking aim at this theme, arguing that it is both wrong-headed and self-defeating.