โข
American households are hurting. With wage growth lagging and inflation compounding, no amount of presidential bluster can mask the math.
An expanding, interventionist state is crushing the atmosphere of opportunity that once allowed the middle class to build itself up.
The Federal Reserve is scrapping its asymmetric average inflation experiment. Will it help calm markets?
โข
After a third delay of China tariffs, rising prices, delayed policy effects, and a weakening job market make the Fedโs path to rate cuts uncertain.
โข
The Fed’s passive tightening could have active economic consequences. Trade uncertainty is dragging down the neutral rate.
The GENIUS Act requires that stablecoin issuers hold their assets in cash, short-term US Treasury securities, or as balances at the Fed. That increased demand for debt will keep borrowing costs down.
โข
Investors are willing to risk a little more as trade war threats normalize. Some sectors show ongoing weakness, but economic activity sputtered forward.
โข
Price floors on labor have unexpected costs, including convenience and customer service.
โข
Gold has outlasted every issued currency from the pharaohs to the Fed. Amid inflation and policy uncertainty, investors are fleeing to history’s safest haven.
Under the last administration, real wage growth was lower and inflation higher. The disaffected American worker saw Trump as a potential solution.
โข
American households are hurting. With wage growth lagging and inflation compounding, no amount of presidential bluster can mask the math.
An expanding, interventionist state is crushing the atmosphere of opportunity that once allowed the middle class to build itself up.
The Federal Reserve is scrapping its asymmetric average inflation experiment. Will it help calm markets?
โข
After a third delay of China tariffs, rising prices, delayed policy effects, and a weakening job market make the Fedโs path to rate cuts uncertain.
โข
The Fed’s passive tightening could have active economic consequences. Trade uncertainty is dragging down the neutral rate.
The GENIUS Act requires that stablecoin issuers hold their assets in cash, short-term US Treasury securities, or as balances at the Fed. That increased demand for debt will keep borrowing costs down.
โข
Investors are willing to risk a little more as trade war threats normalize. Some sectors show ongoing weakness, but economic activity sputtered forward.
โข
Price floors on labor have unexpected costs, including convenience and customer service.
โข
Gold has outlasted every issued currency from the pharaohs to the Fed. Amid inflation and policy uncertainty, investors are fleeing to history’s safest haven.
Under the last administration, real wage growth was lower and inflation higher. The disaffected American worker saw Trump as a potential solution.
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