Weekly Economic Commentary
WEEK OF MAY 22, 2026
Kevin Warsh was sworn in as the new Federal Reserve Chairman on Friday, ending the eight-year leadership of Jerome Powell. Mr. Powell will not be leaving the Fed, as is customary, but will be moving down the table as a governor until he deems conditions are right for a departure. We expect the transition to…
Previous Weeks
WEEK OF MAY 15, 2026
It was a momentous week on several fronts. The economic calendar was chock full of data, a new chair of the Federal Reserve was confirmed, and the U.S. President flew…
WEEK OF MAY 8, 2026
Amid the widespread doom and gloom over the economy, the U.S. job market is putting on a happy face and shrugging off myriad alarm bells, Including a war-induced surge in…
WEEK OF MAY 1, 2026
“Hello, I must be going” In a more serious vein than Groucho’s semi exit in “Animal Crackers”. Fed Chair Powell bid adieu to an adoring audience – but only after…
WEEK OF APRIL 24, 2026
The week began with more questions than answers and ended much the same way. Topping the list of unresolved issues is the Mideast conflict, which continues to have no end…
WEEK OF APRIL 17, 2026
Reports that Iran has reopened the Strait of Hormuz on Friday morning is clearly good news for the financial markets and global economy, as it would arrest the oil-induced inflationary…
WEEK OF APRIL 10, 2026
With a tenuous cease fire in effect hopes are running high that the unwinding of the oil surge will continue and return a sense of calm to the financial markets…
WEEK OF APRIL 3, 2026
President Trump’s speech on nationwide TV Wednesday did little to calm the markets or provide assurance that the Mideast war will end sooner rather than later. The overriding impression garnered…
WEEK OF MARCH 27, 2026
Despite President Trump’s decision to postpone the deadline for Iran to open the Strait of Hormuz — and delay bombing of Iran’s power plants – for another 10 days, the…
WEEK OF MARCH 20, 2026
A widely admired principle states that when you’re surrounded by chaos, seek out the calmest person in the room for direction. That search is ongoing, but Fed chair Powell represented…
WEEK OF MARCH 13, 2026
The fog of war is shrouding the economic outlook, and only time and the amount of devastation will determine the ultimate outcome. Aside from human lives, the oil market has…
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