Pinelopi Koujianou Goldberg, a former World Bank Group chief economist and editor-in-chief of the American Economic Review, is Professor of Economics at Yale University.
The latest escalations have barely moved the markets, with equity prices remaining elevated. The most plausible explanation is that investors no longer believe the administration will follow through on its threats.
Pinelopi Koujianou Goldberg
July 19, 2025 at 11:57 AM IST
Gage Skidmore