First of the tariffs to hit consumers soon

Wall Street on Friday notched its best week in over a month, with sentiment almost single handedly being lifted by a surprise U.S. and China trade deal. On Monday, the US and China reached an agreement under which they agreed to significantly reduce their extremely...

When the tweets stop, markets returns to normalcy

Wall Street closed out a strong week on a historic note, with the S&P 500 index on Friday notching a nine day win streak—its longest such run since November 2004. Sentiment was boosted by some solid quarterly earnings and positive rhetoric on tariffs and trade,...

Looking Beyond the Tariffs

Tariff developments continued to dominate headlines. On Wednesday, Donald Trump announced a 90 day pause on most reciprocal tariffs except for those against China. Trump’s move led to one of the most explosive single session rallies in Wall Street history. The...

Is the Fed gaslighting the public?

On Friday, the core personal consumption expenditures index (PCE), the preferred inflation gauge of the Federal Reserve, rose 0.4% on the month, hotter than the 0.3% estimate, with an annual increase of 2.8%, above the 2.7% estimate. This follows on the heels of...