Inflation Easing, Will It Be Enough?
Existing-home sales gave us a small preview of the housing market before the bigger inflation news hit. The National Association of…
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A Cooling Labor Market Means the Fed Has More to Consider
The service side of the economy kept humming along in July. The ISM Services PMI came in at 54.1%, a slight…
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The Fed Continues to Walk a Tightrope
The Federal Reserve held interest rates steady this week for a fifth straight meeting, keeping its benchmark rate in the 3.50%…
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AI Spending Concerns Overshadow Strong Earnings
Corporate earnings confirmed this week what markets have been nervous about for a while: even strong results aren’t enough if AI…
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Corporate Earnings, The Fed, and Inflation Metrics
Corporate earnings season for Q2 got off to a strong start this week. Analysts have been expecting S&P 500 profits to…
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Services Hold Steady While the Fed Remains Split
Monday’s ISM Services report gave us a good early look at how the largest part of our economy is holding up….
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6 Months Are in the Books
We just closed the books on the first half of 2026, and it’s been a busier six months than most of…
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Inflation Hits a Three-Year High
It was a heavy week for economic data and most of it pointed in the same direction. Fed Governor Christopher Waller…
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Monday Morning Recap
The big story last week was Kevin Warsh’s debut as Federal Reserve Chairman. The Federal Open Market Committee voted unanimously to…
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SpaceX Debuts While Inflation Warnings Remain in Place
This week brought two big inflation reports, and both told the same story. Prices at the gas pump remain problematic. Consumer…
