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Also in this newsletter: Harris overtakes Trump on the economy, the ‘new normal’ in business travel, working when sick

A collapse in risk appetite may require a really dramatic geopolitical event or mistake by central banks

Odd Arne Westad and Chen Jian provide a superb history of China’s transition into and out of the Cultural Revolution

There are fundamental differences in how the two see corporate concentration

Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investors

Big inheritances are set to transform economies, markets and society

The Aix-en-Provence Festival premiere has exquisite choral music and heart-stopping voices but ends up too polemical

Meet Charles of France. He’s been waiting his whole life for his nation to reinstate the monarchy

From Swedish bread with chocolate sprinkles to sheep’s head with tripe... there’s a world of difference in how we start each day