Stephen Gandel

Former Bloomberg Opinion Columnist

Stephen Gandel is a former Bloomberg Opinion columnist covering banking and equity markets. He was previously a deputy digital editor for Fortune and an economics blogger at Time. He has also covered finance and the housing market.

Latest

China And U.S. Continue To Ramp Up Trade War, Trading A Round Of New Tariffs

Bloomberg Opinion

Trump’s Trade War Has Cost Investors Up to $7 Trillion

Stocks dropped 6.6% in May, and the damage goes back even further.

June 3, 2019

June 3, 2019

OpinionStephen Gandel

Trump’s Trade War Has Cost Investors Up to $7 Trillion

Stocks dropped 6.6% in May, and the damage goes back even further.

China And U.S. Continue To Ramp Up Trade War, Trading A Round Of New Tariffs

May 31, 2019

May 31, 2019

OpinionStephen Gandel

Trade War Threatens Peace Dividend for Stocks

Before the end of the Cold War, the average P/E of the market was just 13.6. Trade tensions could be returning it there.

SPAIN-FRANCE-BRITAIN-NAPOLEON-HISTORY-REENACTMENT

May 29, 2019

May 29, 2019

OpinionStephen Gandel

Forget Trump’s Tax Cuts. Increases Are on the Horizon.

Investors have barely had time to enjoy the spoils before having to worry about the fallout.

President Trump Signs The Tax Cuts And Jobs Act Into Law

May 21, 2019

May 21, 2019

OpinionStephen Gandel

Time to Repeal the Rule That Aided Uber’s IPO Flop

The expanded limit on private investors could be weakening confidence in the public markets.

Uber Begins First Day Of Trading At New York Stock Exchange

May 15, 2019

May 15, 2019

OpinionStephen Gandel

Trump’s Trade War Puts Animal Spirits on the Endangered List

Stock valuations are back to where they were when the president was elected.

Vivid Sydney At Taronga Zoo - Media Preview

May 13, 2019

May 13, 2019

OpinionStephen Gandel

Corporate Bottom Lines Can’t Escape Trade War Pain

The real problem is not what tariffs will do to sales but to earnings.

Corporate Bottom Lines Can’t Escape Trade War Pain

May 10, 2019

May 10, 2019

OpinionStephen Gandel

There's Nowhere to Hide From Trump's Trade War

All the obvious trade-war bets aren't likely to offer much protection.

Market Reactions to U.S. Presidential Election Result

May 9, 2019

May 9, 2019

OpinionStephen Gandel

Trump's Trade War Brings Out the Worst in Investors

They appear to have overestimated the potential damages from any escalation in U.S.-China tensions.

Trump's Trade War Brings Out the Worst in Investors

May 7, 2019

May 7, 2019

OpinionStephen Gandel

Trade Fears Threaten the Best Stocks in the U.S.

A sector with an outsize influence on benchmark indexes may be among the hardest hit by renewed tensions between the U.S. and China.

Trump, trade and tech are a bad market mix.

May 3, 2019

May 3, 2019

OpinionStephen Gandel

XPO’s Buybacks Are Too Much of a Gas Guzzler

The warehouse and transportation firm’s stock repurchases may end up coming at too high a cost.

Russian Oil's Gazprom Neft PJSC Refinery Operations In Serbia

May 1, 2019

May 1, 2019

OpinionStephen Gandel

The Milken Conference Trades Rainbows for Clouds

Markets are up. Unemployment is down. Profits aren’t a disaster. So why are attendees so glum?

milken puppy social

April 22, 2019

April 22, 2019

OpinionStephen Gandel

Private Equity Firms Drift From Catch to Release

Holding periods before selling companies are shrinking. Is that a commentary on the economy?

BRITAIN-THEME-WATER

April 16, 2019

April 16, 2019

OpinionStephen Gandel

BlackRock Needs to Find Solid Ground

Competition in asset management is putting pressure on revenue.

BlackRock Is Said to Near Deal to Acquire Bridgepoint's EFront

April 16, 2019

April 16, 2019

OpinionStephen Gandel

How to Stop Rising Inequality in the Next Recession

Policies that help Main Street more than Wall Street would be a start.

Shelton, Nebraska, red brick small town front - Main Street USA

April 16, 2019

April 16, 2019

OpinionStephen Gandel

Investors Are Betting on Earnings Even as They Fall

The first quarter’s struggles are being regarded as a short-term event.

Sothebys Preview The Art Of Making Money Collection Worth £50million

April 11, 2019

April 11, 2019

OpinionStephen Gandel

Earnings Losers Are Market’s Biggest Winners

Stock prices have become divorced from profit forecasts.

US-TEXAS-ECONOMY-INDUSTRY

April 9, 2019

April 9, 2019

OpinionStephen Gandel

Goldman’s Buyback Doom Scenario Is Overdone

Curbing share repurchases wouldn’t be a catastrophe.

TOPSHOT-KOSOVO-WEATHER

April 5, 2019

April 5, 2019

OpinionStephen Gandel

Wage Growth Isn't Threatening Corporate Profits Yet

The pressure hasn’t reached a critical level.

Customs And Border Protection Patrols U.S. Border As Illegal Crossings Plummet

April 3, 2019

April 3, 2019

OpinionStephen Gandel

BlackRock Doesn’t Need to Roll Like a Blackstone

The firm shouldn’t feel an urgency to chase private equity deals like the rest of Wall Street.

BlackRock

April 2, 2019

April 2, 2019

OpinionStephen Gandel

Utility Investors Set Themselves Up for a Shock

The sector makes sense as long as interest rates stay low, but that’s no guarantee.

Ukraine's Trypilska TES Power Station Ahead Of Privatisation