The Reassurance That Contradicted the Data
Patience has been a reliable strategy in American finance for most of the past forty years. Inflation eventually cools. Rates
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Patience has been a reliable strategy in American finance for most of the past forty years. Inflation eventually cools. Rates
Markets just delivered their strongest month since 2020. The S&P 500 surged more than 10%. The Nasdaq jumped
Today is the kind of day financial historians will mark in retrospect. Jerome Powell delivers his final press conference as
The Fed begins its two-day meeting today. Markets are pricing a 98% probability of another hold. The headlines tomorrow
If someone billed you $125 a month for a service you didn't use and couldn't cancel,
Airlines are cutting earnings guidance. Jet fuel doubled in five weeks. And yet 64% of people over 50 still plan
Most big return claims are noise. A few are not. The difference is usually visible in hindsight. The question worth
The ceasefire got extended. Hormuz is still blocked. Card APRs are still 24%. Tonight Tesla reports — and the question it
Gas is still above $4. Wall Street is still chasing upside. The gap between those two realities is where a