The Market’s Cultural Headwaters

Published on May 7, 2026

The generational divide is a part of the human condition – and the investor condition. It’s not just that one group has more experience than the other, or that one is more eager to make its own way, but that both groups can learn totally different lessons from the same event.

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European Banks Are Leaving the Markets to the Americans

May 7, 2026
Sometimes small changes speak loudly. Deutsche Bank AG’s new chief financial officer, Raja Akram, put the German lender’s consumer and asset management businesses before its corporate and investment banking units in his first earnings presentation last week.

Jerome Powell’s Mixed Legacy

May 7, 2026
By remaining on the US Federal Reserve board of governors after the end of his term as chair, Jerome Powell can keep the focus on his widely celebrated role as the “defender of the Fed.” But if that allows him to sideline substantive criticism of Fed policy during his tenure, the institution may suffer for it.