Year in a word: Affordability
Americans are feeling the pinch and some Democrats are reaping the electoral dividends
Related reading
Markets should pay heed to the affordability squeeze
Political pressure in response to public anxiety will demand policy responses
Beware populist economics
History suggests the political approach ends in unsustainable debt and lower GDP
We are living in the age of asymmetry
Power flows less from size or wealth than from the ability to convert imbalance into leverage
Housing is where the buck stops
Over the next few years, it will be the most politicised business sector in America
Affordability is Trump’s problem now
Like every president, he will have to own the political consequences of rising prices
Interest rates take fright
The market’s calm in the face of war is beginning to crack