Summer of Uncertainty: the June FOMC meeting and the One Big Beautiful Bill

Summer of Uncertainty: the June FOMC meeting ...

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A New Fed Era Begins as Inflation Lingers and Markets Broaden

Markets ended the week balancing persistent inflation data, evolving Fed expectations, and shifting equity leadership. CPI and PPI both surprised to the upside, reinforcing the view that inflation remains sticky and likely keeps the Fed in a restrictive stance ahead of Kevin Wars ...  Show more

Cracks in the AI Trade, a Strong Jobs Print, and the Summer Fed Watch

This week’s conversation points to an economy that is still expanding, but with a market narrative that may be shifting. Manufacturing and services remained in expansion, job openings improved, and May payrolls came in stronger than expected, reinforcing a firmer labor backdrop a ...  Show more

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