It’s hard to believe it’s been 24 years since the terrorist attacks on our country. Today we take a break from the market and economic discussions to reflect on today’s somber anniversary. Given the murder of Charlie Kirk yesterday, this post has an especially heavy meaning. The
The labor market continues to show signs of strain. While the headline payroll number didn’t move much, digging into the details reveals a troubling trend. Job growth has essentially stalled over the last three months......something that historically happens just before or during a recession. We’re not
Given the shortened week following the Labor Day weekend, I'm going to keep my normally much longer market commentary to a minimum and let the charts tell the story of last week.
“The balance of risks appears to be shifting.” — Jerome Powell, Jackson Hole August 22, 2025
In what is most certainly his final Jackson Hole appearance as Fed Chair, Jerome Powell delivered a speech that left market participants parsing every word. While he didn’t explicitly promise a rate cut, he
Since February economists have been predicting the declining trend in inflation the past several years to reverse higher due to the on-going trade war. That has not been the case. There are several reasons for this, starting with companies "front-loading" their inventory starting in December of last year to get
