by Daniel White | Jul 24, 2025 | Economy
Monday, July 28 The U.S. bond market is flashing red. Using the Bloomberg U.S. aggregate bond index as a proxy, bonds are in their longest bear market in nearly 50 years. Data shows the maximum decline in that period is only 17.2%, however. That’s because the index...
by Daniel White | Jul 17, 2025 | Economy
Monday, July 21 Is the recession already here? Thanks to years of high inflation and interest rates, even Americans with jobs are struggling to pay for necessities. Consumer staples prices have soared. Everyone knows about the price of eggs, which have nearly tripled...
by Daniel White | Jun 26, 2025 | Economy
Monday, June 30 You may have noticed some recent changes in U.S. trade policy. Wall Street calmed down a bit after the U.S. and China agreed to temporarily reduce the astronomical tariff rates they imposed on each other, pending further negotiations. Same with Europe....
by Daniel White | May 19, 2025 | Economy
May 19, 2025 Serious damage has been done to markets. The S&P 500 fell 21% by mid-April from its all-time high. Similarly, the Invesco QQQ Trust exchange-traded fund, which tracks big technology companies, has plunged 26%. Both major indices are now well below...
by Daniel White | Apr 14, 2025 | Economy
April 14, 2025 The real economy isn’t doing well. Investors cheered when the Federal Reserve began lowering the federal funds rate last year. But inflation is still stubbornly high, and the interest rate that matters most – the 10-year Treasury yield –...
