Latest from Allan Sloan

Some final advice: Beware of cryptocurrencies and ratty CEOs like Musk

Allan Sloan writes his final column for The Washington Post after 30 years.

December 26, 2022
FTX founder Sam Bankman-Fried on Dec. 21 in Nassau, Bahamas. (Rebecca Blackwell/AP)

Why the Dow demolished the S&P 500 this year

Just half a dozen stocks have made most of the difference.

December 16, 2022
Traders at the New York Stock Exchange on Dec. 15. (Spencer Platt/Getty Images)

Musk, FTX founder Bankman-Fried lead 2022 flock of business turkeys

The new boss of Twitter and the former boss of FTX stand out as examples of what not to do as corporate leaders.

November 23, 2022
Sam Bankman-Fried, left, and Elon Musk were the biggest losers of the year in the business world.

Yesterday’s big market winners turn into today’s big losers

Seven formerly high-flying stocks have become such dogs that you can almost hear them howling.

November 14, 2022
The Nasdaq MarketSite on June 15 in New York City’s Times Square. (Michael Nagle/Bloomberg News)

With rising rates and rising debt, the taxpayer bill is finally coming due

The U.S. government’s interest payments on its debt could near $570 billion this year, a 45% jump.

October 13, 2022
U.S. Federal Reserve Board Chair Jerome H. Powell listens as U.S. Treasury Secretary Janet L. Yellen speaks.

‘Revenge of the Savers’: Fed rate rises offer a boon to the cautious

Interest rates for money market mutual funds are more than 100 times what they were at the end of last year, thanks to the Fed rate rises.

September 21, 2022
The Federal Reserve building in Washington.

These experts don’t think we are in a recession and neither do I

Despite the new GDP numbers, inflation and gas prices, we are still not experiencing the widespread economic decline that would signal a recession

July 28, 2022
Pedestrians pass the New York Stock Exchange on July 14. U.S. equities indexes are down double digits year to date, but the economy overall shows strength that belies all the talk of a recession.

With Fed rate increases, the economy’s free ride is over

Federal Reserve rate increases have already hit the stock market and are cooling housing prices — and more rate hikes are expected in the months ahead.

July 12, 2022
The Federal Reserve building in Washington on July 6.

Fed interest rate hikes just made national debt a lot more expensive

By my calculation, the Fed’s higher rates will increase the federal government’s interest costs by about $128 billion a year

June 27, 2022
The Marriner S. Eccles Federal Reserve building stands in Washington, D.C.

We’re still not in a recession despite the stock market drop

The stock market is down over 20 percent since the start of the year. But that still isn't a sign that we are heading for a recession.

June 15, 2022
A phone conversation near the New York Stock Exchange on June 14.