century, is continually proven wrong?... Ritholtz asks: “ What do you do if you have a philosophy that

The least surprising financial news nugget in recent days may have been this one from a Bloomberg interview with Peter Lynch, one of the most venerated stock market gurus of our time.... Lynch, of course, was the quintessential active investment manager, renowned for his stock-picking skills.... Newsletter Get the latest from Michael HiltzikCommentary on economics and more from a Pulitzer Prize winner. Enter email address Sign Me Up You may occasionally receive promotional content from the Los

As has been well reported, the era of enhanced unemployment benefits for victims of the pandemic ended abruptly on Sept.... Millions of workers have returned to steady jobs, but huge pockets of unemployment remain, due in part to low pay and circumstances that can keep people out of the labor market even if they want to return.... Newsletter Get the latest from Michael HiltzikCommentary on economics and more from a Pulitzer Prize winner. Enter email address Sign Me Up You may occasionally rece

When a financial and economic crisis strikes, policymakers have only two options.... Two years into the Great Recession, however, employment was still falling; it wouldn’t return to its pre-recession level until May 2014, or about 76 months after the recession began.... That was the worst job loss since 1948, and the slowest, longest jobs recovery. What accounts for the difference in the two rebounds?...