Summer Airfares Jumped 27%. Planes Are Still Full.
Consumer sentiment has been sitting near record lows for months, and more than half of households say high prices are
Business
Car Prices Barely Moved This Year. Auto Loan Delinquencies Just Hit a 32-Year High.
New car prices are up less than half a percent this year. Used car prices are actually down. By the
OPEC+ Keeps Announcing More Oil. Your Gas Bill Hasn't Noticed.
Stocks rallied after last week's jobs report came in weak. Traders read soft hiring as a reason the
OPEC+ Keeps Announcing More Oil. Your Gas Bill Hasn't Noticed.
OPEC+ just approved its fifth straight monthly increase in oil production. If that headline made you expect cheaper gas soon,
Unemployment Just Hit a One-Year Low. That's Not the Good News It Sounds Like.
The unemployment rate fell to 4.2% in June, the lowest reading in a year. Normally that's a
Stocks Had Their Best Quarter in Years. Gold Isn't Buying the Peace Story.
The S&P 500 and Nasdaq just closed their best quarter since 2020. Gold jumped 2% the same week.
The Dow Just Hit 52,000. The Fed Is About to Make Borrowing More Expensive.
The Dow Jones Industrial Average crossed 52,000 for the first time in its 130 year history this week. Look
The Best Quarter in Six Years Doesn't Match the Data Underneath It
The S&P 500 just closed its best quarter in six years, gaining around 14% and clearing 7,600
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