Weekly Economic Commentary
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, crude quotes (West Texas Intermediate, or WTI)) fell below $70/barrel for the first time since early March and is barely $2/barrel above the prewar level…
Previous Weeks
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…
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…
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