Below you will find the articles on economics, investing, and finance that we found most interesting for the week.
NB: ($) denotes subscription site.
A new economic paper studies the real return of everything from 1870 to present. The punch line is “risk” assets gained about 7% real per annum while GDP grew around half that.
Article via Federal Reserve Bank of San Francisco
In another sign of a maturing credit cycle, private equity loan terms continue to loosen.
Article via Wall Street Journal ($)
Big tech is going after your health care.
Article via New York Times ($)
A one-time super bull is cautious about the stock market for 2018.
Article via Wall Street Journal ($)
The New Yorker looks at the “dark bounty” that is oil and how it has shaped the Texas economy.