Weekly Economic Commentary
WEEK OF OCTOBER 2, 2026
The proverbial dog days of summer were anything but. As new and revised data are coming in, the third quarter is morphing from languid to downright vigorous following a more energetic spring than previously thought. The cooler-than-expected jobs report for September takes some heat off the Fed to hike rates at the October meeting. But…
Previous Weeks
WEEK OF SEPTEMBER 25, 2026
Despite headline-grabbing headwinds, there is no quit in the U.S. economy – at least not yet. We will get a better sense of how consumers are holding up next week,…
WEEK OF SEPTEMBER 18, 2026
While almost unthinkable earlier this year, the Fed’s first rate hike in three years this week had been telegraphed well in advance, first by Chair Kevin Warsh’s hawkish Jackson Hole…
WEEK OF SEPTEMBER 11, 2026
Inflation headlined the economic news this week and the slightly warmer than expected wholesale and consumer price reports for August nudged up the odds that the Fed would hike interest…
WEEK OF AUGUST 28, 2026
Note: The weekly commentary will not be published over the Labor Day weekend. The next issue will be published on September 11. Fed Chair Warsh’s keynote address at the Jackson…
WEEK OF AUGUST 21, 2026
All eyes will be focused on the Jackson Hole Symposium in Wyoming next week, a gathering of the world’s leading central bankers where Fed Chair Warsh will be the featured…
WEEK OF AUGUST 14, 2026
Reports on inflation and consumer spending garnered the economic headlines this week but neither delivered provocative reading. Some details of the reports did raise eyebrows, but they were not enough…
WEEK OF AUGUST 7, 2026
Friday’s all-important monthly jobs report highlighted the old maxim that occasionally resurfaces, namely that bad news on Main Street is good news on Wall Street. For some time, the focus…
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…
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…
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