The “business cycle” might just be one of the oldest ideas in economics. For more than 200 years, economists have been pointing to the tendency of economies to expand, then slow down, contract and ...

Making sense of the economy requires more than just tracking the latest data—it demands a framework for connecting the dots. The good news is that the economy doesn’t move in random spurts—it follows ...

The banking industry performed exceptionally well during the strong economic expansion of the past five years. Strong demand for loans and banking services and the strong supply of quality customers ...

Accurately predicting economic recessions and stock market fluctuations has been a challenge throughout history. Official declarations of recessions often come late, after the damage has already been ...

The failure of mainstream economists to predict the global financial crisis provides an opportunity for exponents of behavioral finance. The crisis, they say, can be attributed to our psychological ...

Forbes contributors publish independent expert analyses and insights. I identify the pure investment merit of assets with a macro lens. Oct 01, 2025, 11:19am EDT Americans have always trusted the ...

Thomas Kevin Swift has packed insights gathered over a long career in industrial economics into A History of American Business Cycles, a book released earlier this year. The book tackles large volumes ...

Too much importance, of course, should not be attached to speeches at conventions—even at bankers’ conventions. Yet the necessity, accordingto President Puelicher of the American Bankers’ Association, ...

It is somewhat surprising that house prices in most parts of the nation have stayed high despite the downturn in the economy. As Figure 1 shows, real (inflation-adjusted) house price changes became ...