Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • ‘Dare to fight’: Xi Jinping unveils China’s new world order
    • Donald Trump to surrender to New York prosecutors on Tuesday
    • Donald Trump indicted on criminal charges in New York
    • Eurozone inflation falls sharply to 6.9% as energy costs recede
    • Finland’s PM Sanna Marin faces reckoning at home
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Banks in turmoil
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Colm Kelleher: Irish financial crisis veteran orchestrating Credit Suisse takeover
      • UK is global equity markets ‘backwater’, Nick Train warns
      • Mis-steps that brought Virgin Orbit crashing back to earth
      • EY bosses present united front after dispute over stalled break-up plan
      • New John Lewis boss tells employees business must change ‘at pace’
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • Prepare for a multipolar currency world
      • Live news updates from March 31: Nasdaq posts biggest quarterly gain since 2020, Eurozone inflation slows
      • Flood of cash into US money market funds could add to banking strains
      • UK is global equity markets ‘backwater’, Nick Train warns
      • Nasdaq records best quarter since 2020 after volatile start to year
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • Prepare for a multipolar currency world
      • We are living through a trillion-dollar rebalancing
      • Why are Americans dying so young?
      • Law versus man: Trump’s courtroom drama begins
      • The wheels of justice turn for a former US president
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Boomerang chief executives provide comfort in times of crisis
      • Matthew Desmond: ‘America does so much more to subsidise affluence than alleviate poverty’
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • Serhiy Prytula: ‘The defence minister said: “Try to buy a satellite.” I thought he was joking’
      • I used AI to bet on horse-racing. Here’s what happened
      • Homebuyers chase their European dreams despite economic outlook
      • Chinese artists test censorship’s new red line
      • Boris Johnson has become the equivalent of a dated ITV3 rerun
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Richard Bernstein

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Wednesday, 1 February, 2023
      Markets InsightFederal Reserve
      End the Fed ‘put’

      With the entire credibility of central banking on the line, the focus needs to be on fighting inflation

    • Monday, 10 October, 2022
      Markets InsightEquity valuation
      It’s not all about a Fed pivot

      Investors should resist a knee-jerk move to speculative assets based solely on the central bank potentially reversing course

    • Tuesday, 10 May, 2022
      Markets InsightUS inflation
      You are what your real fed funds rate says you are

      Timid US central bank is still very far from hawkish with policy benchmark deep in negative territory after taking into account inflation

    • Wednesday, 6 October, 2021
      Markets InsightMarket bubbles
      Valuation not stories ultimately determines investment returns

      Tremendous liquidity in financial system has led to series of bubbles fed on hype over wondrous trends

    • Wednesday, 24 February, 2021
      Markets InsightUS interest rates
      Fed needs to ignore ‘taper tantrums’ and let longer rates rise

      Central bank should take its cue from a baby sleep training technique

    • Thursday, 12 December, 2019
      News in-depthDe La Rue PLC
      This company can print money but not make it

      After losing UK passport contract, De La Rue is more reliant on exotic currency customers

    • Sunday, 15 April, 2018
      Mergers & Acquisitions
      UK activist investor buys stake in Gloo and says stop spending

      Crystal Amber manager targets acquisition vehicle that has gone 3 years without deal

    • Wednesday, 8 July, 2015
      Property sector
      Crystal Amber ramps up its campaign against Grainger

      Activist fund calls on residential landlord to refinance its debt and seek a takeover

    • Friday, 17 April, 2015
      Fund management
      Battle royale plays out behind the scenes at Pinewood studios

      Activist investment fund Crystal Amber returns to the fray over how key film facility is run

    • Sunday, 12 April, 2015
      UK companies
      Crystal Amber eyes new stake in Pinewood Studios

      Fund to take 4% holding after James Bond studio issues shares to fund expansion

    • Friday, 26 December, 2014
      Currencies
      When to follow the investment herd

      Strong dollar trade is most crowded, but crowd could be right this time

    • Monday, 24 November, 2014
      News in-depthThe Big Read
      Markets: American bulls in charge

      Prospect of higher rates has not deterred US equity investors but there are signs of complacency

    • Wednesday, 25 June, 2014
      Markets InsightDisrupters
      Investors manic for ‘disrupter’ stocks

      But frothy IPOs do not spell equities euphoria

    • Monday, 17 February, 2014
      Markets InsightCurrencies
      Japan shows itself a better growth bet than emerging markets

      Earnings offer promise of Tokyo’s budding competitiveness

    • Wednesday, 23 October, 2013
      Smart MoneyJohn Authers
      Value investors see tech stocks coming of age

      It is time to consign the dotcom bubble to the history books

    • Wednesday, 18 July, 2012
      Markets InsightUS equities
      Don’t trust the political debate on US growth

      Investors should turn off their TVs and focus on fundamentals

    • Friday, 21 October, 2011
      World
      Enterprise zone idea needs to be on America’s front burner
    • Tuesday, 18 October, 2011
      Markets InsightCapital markets
      Turn America into a giant ‘enterprise zone’

      US must start competing in global economy

    • Tuesday, 11 October, 2011
      Energy sector
      Demand for TT Electronics speeds up
    • Wednesday, 27 July, 2011
      FT AlphavilleIzabella Kaminska
      Pink picks
    • Wednesday, 27 April, 2011
      FT AlphavilleIzabella Kaminska
      Pink picks
    • Tuesday, 26 April, 2011
      Currencies
      EM central banks are doing Fed’s dirty work

      US will benefit when emerging markets cool their inflation

    • Monday, 3 January, 2011
      Retail & Consumer industry
      JJB Sports likely to seek £50m cash injection
    • Friday, 24 December, 2010
      UK retail results
      Fundraising forces board changes at JJB
    • Tuesday, 14 September, 2010
      US downturn
      Non-US groups reaped fruits of Bush tax cuts

      Tax reductions failed to improve US economic competitiveness

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsSecondary Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Banks in turmoil
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • FTfm
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In