paid Bond Market • 3 min read Let Them Eat Tariffs! Walmart warned last week that it will have to raise prices because of President Donald Trump's tariffs. On…
public US Economy • 4 min read Not Much Stagflation Today Earlier this year, US Treasury Secretary Scott Bessent said that he and President Donald Trump were focusing on the 10-year…
members Inflation • 3 min read A Quiet Day For A Change The Dow Jones Industrial Average wasn't up or down by 1,000 points today. The S&P…
paid Fed • 3 min read FOMC Day Minus One: Waiting For Nothing The federal funds rate (FFR) futures market has consistently been predicting several cuts in the FFR since March 2023 (chart)…
paid Inflation • 3 min read Bonds Are Stirred, Not Shaken The S&P 500 is down roughly 10% from its record high on February 19. Considering Trump's…
public Tariffs • 3 min read Bond Vigilantes Remain Unhappy It was not a happy day in the bond market. Neither was it a happy day in the stock market:…
paid Week Ahead • 3 min read ECONOMIC WEEK: APRIL 7-11 While Trump's tariffs will likely dominate the headlines, the economic week ahead will also focus on the inflationary…
public Trump 2.0 • 11 min read Trump’s Reign Of Tariffs: Stagflation Odds Up, S&P 500 Target Down YRI Bulletin Board. Our colleague Eric Wallerstein is taking a leave of absence. He has accepted a position on the…
paid Week Ahead • 3 min read ECONOMIC WEEK: March 24-28 The predominant theme of the economic week ahead will be inflation, both realized and expected. Consumer inflation expectations will be…
paid FOMC • 3 min read Certainly Uncertain Federal Reserve Chair Jerome Powell used the word "uncertainty" 16 times in his press conference today. We sympathize.…
paid Inflation • 2 min read Why Cooler Inflation Isn't Lifting Markets February's inflation data provided conflicting stories. Both the CPI and PPI came in cooler than expected, but neither…
public Stock Market • 3 min read The Trump Put Is Kaput! Vertigo is a sensation of spinning or whirling such that the person or their surroundings appear to be moving. The…