America’s economy is starting to look like the letter K drawn by an urban planner: straight lines for the haves, sharp angles for the have‑nots, and a few confused arrows in between. At the center of the story are homeowners, shoppers, and…
Scott Bessent is betting that America’s inflation problem is about to go from front‑page headline to back‑page footnote just as Kevin Warsh takes the helm at the Federal Reserve—and he sounds almost cheerful about it.
A New Fed Chair, A New Inflation…
April’s consumer price index didn’t exactly crash the party, but it did show up with an extra guest: a touch more inflation than markets ordered. Year‑over‑year CPI rose about 3.8% in April, marginally topping economists’ expectations of roughly 3.7% and marking a…
US existing-home sales may be slumping toward historic lows, but the housing market is quietly laying the groundwork for a surprisingly upbeat spring—provided buyers, sellers, and the Federal Reserve can stick to the same script.
Home Sales Skid, But Not Off the…
US existing-home sales surprised to the upside in February, offering a rare dose of optimism for a housing market that has spent two years learning the meaning of the word “constrained.” Buyers, it seems, are finally willing to come out from behind…
U.S. jobless claims just posted their sharpest rise in two months, but the numbers still paint a picture of a labor market that is cooling, not cracking.
Jobless Claims Jump – But Stay in the “Comfort Zone”
For the week ending January…
The Federal Reserve just reminded Wall Street that sometimes the most market-moving decision is to do nothing at all.
Fed Stays Put, Markets Lean In
In its first policy meeting of 2026, the Fed kept the target range for the federal funds…
Traders on Wall Street like to pretend they are focused on the “decision,” but this week the 25 basis points are just the opening act; the real drama arrives in the footnotes, charts, and carefully hedged adverbs of the Fed’s 2026 guidance.…