Worthโs first quarter century reported on, celebrated, warned against and predicted the events and trends of its time. There were a lot of hits, a few misses and plenty of fascinating stories. Here are some of the highlights.
Markets are at record highs, M&A is on a tear, and CEOs are accelerating investment despite a closed Strait of Hormuz and an unresolved conflict in Iran, amid the dissonance at Milken 2026.
Money-market yields are compressing, and the dollar is in a multi-year weak phase. For income investors, the question isnโt whether to take more riskโitโs which risk actually pays.
AI capex and fiscal stimulus are absorbing the oil shock. With a growing economy and higher oil prices boosting inflation, further interest rate cuts are off the table