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Economy
Who Will Be in Charge of Interest Rates?
Fed independence is a question of power. And, as with many institutions today, President Trump is trying to reduce the Fed’s power and…
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Tariff Ruling Doesn’t Matter as Much as You Might Think
Late last Friday, the Court of Appeals for the Federal Circuit (CAFC) largely affirmed the Court of International Trade’s (CIT) May…
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August 2025 Review and Outlook
Executive summary:Large caps make new highsMajor digital asset legislation signed during “Crypto Week”Earnings season kicks…
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Federal Reserve Board – Federal Reserve Board announces it will host a conference on payments…
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Kraft Heinz Breakup Forces Investors to Rethink Value in Legacy Food Brands
The Company announced on Tuesday, September 2, 2025, its decision to split into two independent publicly traded companies, effectively…
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Markets Week Ahead: Critical Payrolls Data Could Pave Way for a September Rate Cut
This week is chock-a-block with data reports, all building up to Friday’s pivotal . The August jobs release will offer a reality check of…
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Eurozone Unemployment Ticks Down to 6.2% Once Again
Falling suggests that the eurozone economy remains resilient in the face of global uncertainty. Modest economic growth seems realistic…
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Foreign Central Banks’ Gold Tops US Treasuries For First Time Since 1996
The chart below shows gold holdings (in yellow) and US Treasuries holdings as a percentage of foreign reserves. is now a larger holding…
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What Are Energy Prices Telling Us About the Economy?
A recent article on Bloomberg noted that:
"Hedge funds slashed their bullish position on crude to the lowest in about 17 years as risks…
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60/40 Portfolio at Risk: Bond-Stock Correlation Shifts in High Inflation
This is the most important chart to watch for asset allocators.
Over the last 10 years people loved bonds because of one simple yet…
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