Peter Coy

2 weeks ago | thefp.com | Peter Coy |James Grant

It’s the world’s oldest store of value, the metal that outlasts empires. Gold shattered records in March, surging past $3,000 an ounce for the first time in history. The rally has been fueled by fear of inflation, fear of tariffs, and fear of geopolitical uncertainty. And depending on who you ask, the surge is either a rational result of financial instability or just another speculative frenzy. The yellow metal’s worth is rooted in its beauty, its scarcity, and its utility.

4 weeks ago | asia.nikkei.com | Peter Coy

Peter Coy is a freelance writer specializing in economics and business. He previously wrote for The New York Times opinion section and Bloomberg Businessweek magazine. When U.S. President Donald Trump proclaimed that he wanted reciprocity in tariffs, it seemed to bode well for Japanese automakers. Since Japan charges no tariff at all on cars imported from the U.S., Trump would have to cut U.S. tariffs on Japanese cars to achieve his objective.

1 month ago | thefp.com | Peter Coy

President Trump has drawn the ire of Democrats, Ukrainians, transgender athletes, and college presidents, but people on Wall Street always assumed the president would never do anything to upset them. Shortly after the election in November, for instance, Ed Mills, the Washington policy analyst at Raymond James, put it this way: “Donald Trump cares about independent validators. And the biggest independent validator of his success is the market. It’s a daily voting mechanism.

1 month ago | airmail.news | Peter Coy

I predict that Donald Trump is going to end up being very costly to Elon Musk’s tech empire. Until quite recently, investors were all in on the Trump-Musk bromance. Bloomberg calculated that the value of Musk’s companies had risen by $613 billion between early November 2024 and mid-February 2025, assuming anticipated funding rounds went as planned. Tesla shares were way up since the election. SpaceX had become the world’s most valuable tech start-up.

2 months ago | nuevospapeles.com | Peter Coy

Durante más de una década, Occidente se ha enfrentado nuevamente a Oriente en lo que se ha dado en llamar una nueva guerra fría. Pero con el regreso del presidente Donald Trump al poder, Estados Unidos está dando la impresión de que podría cambiar de bando.