Message from the bond market to the Fed – don’t try that again
Major indexes closed higher this week as Big Tech earnings and the Federal Reserve's policy decision took center stage. The Fed kept interest rates unchanged for a fifth consecutive meeting, though three policymakers dissented in favor of a hike. Microsoft delivered...
Tariffs are back but no one cares
Markets have been dominated by a collision of geopolitical, energy, and monetary policy forces, with oil prices serving as the central transmission mechanism into equities, bonds, and inflation expectations. Oil and the Iran conflict remain the primary catalyst....
It’s TACO Tuesday once again!
Inflation data surprised to the downside, shifting the rate narrative. Consumer Price Index(CPI) came in at 3.8%, a drop from 4.2% last month signaling that inflation pressures are easing, even as energy volatility remains a wildcard. In just 24 hours, on another...
Earnings Season Begin with All Eyes on the Major Banks
Wall Street wrapped up a mixed week as Middle East tensions flared after Trump declared the Iran ceasefire over—while announcing that the U.S. has agreed to continue talks with Tehran and is imposing fresh sanctions on the regime, even as fighting has resumed with...
Outlook for 2H: 2026
Wall Street ended the week higher as investors looked past weakness in the labor market. The June jobs report showed the U.S. economy added just 57K jobs, well below expectations, while the unemployment rate unexpectedly edged down to 4.2%. The softer payrolls number...
Tech Sell Off hits markets hard
Wall Street’s major averages ended the week with losses due to an extended selloff in semiconductor stocks and other big tech names. Among the top decliners this week were ON Semiconductor - down almost 30%; Western Digital - down 23.1%; Arm Holdings - down almost...
The week that the War ended
Wall Street finished a holiday shortened week higher as investors balanced optimism over a US - Iran peace agreement against a more hawkish debut from Federal Reserve Chairman Kevin Warsh. The week's biggest market catalyst came from the Middle East. Stocks surged...
The wealthy keep getting wealthier
Wall Street ended the week higher as investors weighed the latest inflation data, ongoing developments in Middle East diplomacy, and the strong debut of SpaceX. U.S. inflation accelerated in May, with the consumer price index rising 4.2% from a year earlier,...
Strong jobs reports kills prospects of interest rate cut
Wall Street ended the week on a sour note as investors digested a stronger than expected May jobs report sending stocks lower. The U.S. labor market showed unexpected strength in May as payrolls increased by 172,000, more than economists’ forecasts of $88,000, while...