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Wall Street Seems Calm. A Closer Look Shows Something Else.
The S&P 500 has climbed sharply this year, with few big swings. Below the surface, though, there’s a great deal of turmoil
By Joe Rennison
I write about different financial markets, from U.S. government bonds to global stocks, currencies and debt. I am interested in conveying what financial markets can tell us about the world, breaking through the jargon and making them more intelligible to our readers.
I have been a financial journalist for more than a decade. I began my career at a magazine called Risk, digging into the details of legislation introduced after the 2008 financial crisis, from rules around how much capital banks should hold to changes in the market for derivatives that had helped inflate the credit bubble that led to the Great Recession. I moved to The Financial Times in 2015 to cover the more complex corners of markets, such as sliced and diced structured bonds, before branching out to write about interest rates, debt and the stock market. I left the FT as the paper’s deputy U.S. markets editor and joined The Times in 2022.
I graduated in 2010 with a degree in philosophy, logic and scientific method from the London School of Economics and Political Science. A native Brit, I moved to the U.S. at the end of 2012 and now live in Brooklyn with my wife and our two cats.
The Times instills very high ethical standards that I adhere to with an abundance of caution. I do not actively trade any securities. My retirement account and personal savings are in broad-based indexes that are unlikely to be swayed by my reporting. I don’t directly own individual stocks or even narrow-sector indexes. I do not accept gifts from sources (I even choose to pay for my own coffee at meetings). I do not publicly engage with political discourse and refrain from political donations (including charitable donations that may be perceived as political), as per The Times’s guidelines.
Please get in touch if you have thoughts on how to improve my coverage of financial markets, a story you think I should dig into, or even just to say hello.
Email: [email protected]
X: @JARennison
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The S&P 500 has climbed sharply this year, with few big swings. Below the surface, though, there’s a great deal of turmoil
By Joe Rennison
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This was featured in live coverage.
By Joe Rennison and Karl Russell
This was featured in live coverage.
By Joe Rennison