Weekly Economic Commentary
WEEK OF JULY 31, 2026
The hoopla commanding headlines this week centered on the Federal Reserve, which held its second FOMC meeting under the new Chair, Kevin Warsh. As mostly expected, policy makers decided not to take away the punch bowl, opting to keep rates unchanged at the same 3.50-3.75 percent in effect since January. There was more than a…
Previous Weeks
WEEK OF JULY 24, 2026
No one thought the Mideast conflict would go gently into the good night, but the ebb and flow of hostilities took a menacing turn this week. Not only has the…
WEEK OF JULY 17, 2026
The first rate move under the last six Fed Chairs was an increase. You would have to go back to 1970 when the new Chairman, Arthur Burns, put through a…
WEEK OF JULY 10, 2026
Like a pesky neighbor, the US/Iran conflict continues to command unwelcome attention, capturing headlines and bedeviling forecasters striving to look through external shocks. Just as it seemed the energy-induced inflation…
WEEK OF JULY 2, 2026
Kevin Warsh just served his first full month as Chair of the Fed and is probably more pleased than not with the first significant economic report for the period –…
WEEK OF JUNE 26, 2026
The plunge in crude oil prices since the ceasefire was announced on June 14 has been swift, much faster and deeper than most oil experts expected. As of Friday morning,…
WEEK OF JUNE 18,2026
Amid a busy calendar of economic data, the Federal Reserve’s policy meeting took center stage this week. The meeting was notable for several reasons including, 1) it was the first…
WEEK OF JUNE 12, 2026
To say it was a whirlwind week would be an understatement – and we are not just referring to the colossal come-from-behind victory of the NY Knicks in game 4…
WEEK OF JUNE 5, 2026
The official start of summer is still a bit more than two weeks away, but if the season mirrors recent economic data, it will be hotter than usual. All significant…
WEEK OF MAY 29, 2026
The stock market continues to rejoice, setting one record after another, as investors opt to look through the myriad headwinds battering the economy. The biggest battering ram, of course, is…
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…
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