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Economy
Mnuchin Hammers Greenback in Major Policy Shift

Mnuchin Hammers Greenback in Major Policy Shift

Twenty-three years of policy out the window? That's what might have just happened. After all, government officials have spoken in favor of a strong U.S. dollar since Robert Rubin's tenure. Democrat or Republican, economic expansion or recession: It's been the mantra....

Massive Rotation Underway as Optimism Spreads

Massive Rotation Underway as Optimism Spreads

Some people may confuse energy and utility stocks, but they're not likely to make that mistake right now. Energy's up 4.5% in the last week, compared with a 4.8% drop for utilities over the same time frame. The resulting 9.3 percentage-point difference is the widest...