Shawn Tully
- Indexed articles, last 90 days
- 11
- Latest publication
- Sep 29, 2026
- Outlet visibility, for Fortune
- Top 10K sites
- Earliest in this view
- Jul 18, 2026
Latest articles
Historically, stocks have offered a big premium over bonds. Suddenly, the difference has almost vanished | Fortune (opens the original)
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One of the best signals for when stocks are a great or poor deal is a metric called the Equity Risk Premium. It measures the market’s estimate of the future returns you can expect over the next decade from the S&P 500 versus what you’d garner from shouldering a lot less risk (and sleep far better) by holding 10-year Treasury notes. Put simply, the ERP’s a good proxy for the “margin of safety” that Warren Buffett says shareholders should cherish. Kenneth French, the distinguished financial econom
National debt interest expense has exploded 14% in just 9 months | Fortune (opens the original)
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If you thought last year’s national debt numbers were chilling, you haven’t seen anything yet. In the second week of August, the CBO released its Monthly Budget Review giving year-to-date totals, calculated through July, for federal FY 2026, ending September 30. For the first 10 months of fiscal 2026, Washington’s carrying costs grew an astounding 14%, from $846 to $963 billion versus the same period in FY 2025, far and away the biggest jump of any expense line item. By contrast, Social Security
The veteran Fortune 500 CEO who turned an 80-year-old AC company into an AI darling | Fortune (opens the original)
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If asked to name the top-performing stocks powered by the AI boom, most investors would probably guess Nvidia (correct), maybe Meta (wrong) and a bunch of other hyperscalers (also wrong). You’d be hard pressed to find anyone who would answer Vertiv, an 80-year-old AC maker. But since Vertiv went public in early 2021, its market cap has exploded almost 10x from under $11 billion to $109 billion. Over that six-and-a-half year span, its annualized return of 50.5% stands third in the S&P 500, exceed
Exclusive: Venezuela, sick with hyperinflation, engages the ‘money doctor’ Steve Hanke for a dose of dollarization medicine | Fortune (opens the original)
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Over four decades, Steve Hanke has pursued a worldwide quest to tame the hyperinflation that so frequently ravages developing nations. His solution: tying their currencies to the U.S. dollar so their governments are no longer free to unleash an avalanche of pesos or sucre to fund their giant overspending, at the expense of their citizens, who pay for the blowout in rocketing bills for rent, medicine and groceries that way outpace their incomes. The success that the professor of applied economics
Basic economics show why Mamdani's socialist grocery stores in NYC are destined to fail | Fortune (opens the original)
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Zohran Mamdani stormed into office brandishing the banner of “affordability,” and almost singlehandedly pushed the issue to the center of today’s political debate. Of all the charismatic, 34-year-old Mayor’s initiatives aimed at lowering living costs, the one that’s garnered the most coverage is his proposal to get Gotham into the grocery business. The city-owned food store initiative looks so radical, even for this avowed democratic socialist, because it puts a city in direct competition versus
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