John Stepek

John Stepek is the editor of the best-selling financial publication in the UK, MoneyWeek.

John Stepek Articles

The Chinese stock market took a hit today. The Shanghai Composite Index ended the session down 3.8% to close at a two-year low, notes Bloomberg. What’s wrong? Investors are starting to worry that Donald Trump is deadly serious about his...
The cost to the US government of borrowing money for a decade came within sniffing distance of 3% yesterday.
OK, drama’s over. The French election has turned out pretty much exactly as expected. For all that some of the papers are leading with “French revolution” headlines, the reality is that a face-off between the right-wing Marine Le Pen of...
“If the question is when markets will recover, a first-pass answer is never.” I have to feel sorry for Paul Krugman. The Nobel prizewinning economist was clearly gutted by Donald Trump’s victory. Yet he also managed to sum up in that one...
Central banks have got the economy and markets covered. They know what they’re doing. Their theories are backed up by decades of academic research and expert advice.
In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.