Diplomatic maneuvering over the Iran conflict, a long-awaited summit between President Trump and Chinese President Xi Jinping, and continued volatility in energy markets all drew…
Americans currently hold more than $13 trillion in mortgage debt, which represents just over 70% of the nation’s total household debt, according to Federal Reserve…
The summer season is fading and so too are hopes for a swift resolution to the U.S.-Iran conflict. The resumption of back and forth strikes…
Long-dated Treasury yields surged to multi-decade highs this week before a surprise intervention by the Treasury Department offered a brief reprieve on Wednesday. The 30-year…
What began as a fragile ceasefire deteriorated rapidly this week into a full-scale resumption of hostilities in the Gulf. U.S. and Iranian forces have now…
Geopolitical risk returned to the forefront this week as the U.S.-Iran ceasefire collapsed. Attacks on commercial tankers in the Strait of Hormuz prompted military exchanges…
Inflation data released this week showed little sign of cooling, with both consumer and producer prices accelerating sharply in May. However, the emergence of a…
The holiday-shortened week is ending with some optimism around an apparent U.S.-Iran ceasefire extension. The circumstances remain fragile given the many advances that have failed…
It was another volatile week for markets, with the Iran energy shock continuing to reverberate across asset classes. Crude prices swung sharply throughout the week,…
Markets this week contended with more headlines of increasing inflation, elevated oil prices, and intensifying geopolitical tensions. At the center of the week’s news was…
As expected, inflation surged in March, marking the first clear transmission of geopolitical risk into U.S. consumer prices. This morning’s release of the Consumer Price…
Geopolitics remained the single biggest force shaping markets this week. The escalating conflict between the U.S. and Iran dominated trading across all asset classes and…
Expectations for Federal Reserve interest-rate cuts were jostled this week by a surprising mix of U.S. economic data. First, the release of weaker-than-expected December retail…
The Federal Reserve left interest rates unchanged this week, signaling patience as officials assess an economy that continues to show resilience. Chair Jerome Powell said…
Economic news this week was dominated by a flurry of high-impact headlines out of the World Economic Forum in Davos, Switzerland. The most notable development…
Another whirlwind week comes to a close on a bit calmer footing. Several key releases on inflation and consumer spending came out this week which…
For more than fifteen years, Fannie Mae and Freddie Mac have operated in a state of limbo. The two government-sponsored enterprises (GSEs), which play a…
The first trading day of the new year opened quietly, as expected. With holidays and early market closures limiting activity, there was little in the…
The Federal Reserve delivered a much anticipated 25bp rate cut on Wednesday, its third consecutive cut this year, but paired the move with a cautionary…
After a six-week delay, a wave of postponed economic reports finally arrived yesterday, including September’s Employment Situation Report. Nonfarm payrolls rose by 119k in September,…