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 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…
WEEK OF MARCH 6, 2026
It will take time for the dust to settle, but Friday’s employment report clearly kicked up a sandstorm, prompting markets, pundits and oddsmakers to reassess the economic landscape and the…
WEEK OF FEBRUARY 27, 2026
The Federal Reserve could not be happy with the hotter than expected print for wholesale prices released on Friday. The PPI increased by an outsized 0.5 % in January following…
WEEK OF FEBRUARY 20, 2026
Tensions are escalating on a number of fronts, from military developments, conflicting economic data and, somewhat surprisingly, a Supreme Court ruling on Friday upending the administration signature trade policies. The…
WEEK OF FEBRUARY 13, 2026
Like the fictional King of Siam who grappled with what he knows and what he doesn’t know, so too must economists as well as the Fed view this week’s batch…
WEEK OF FEBRUARY 6, 2026
To say it was a topsy-turvy week in the markets would be an understatement, as extreme volatility buffeted stocks, bonds and commodities. Gold and silver suffered their biggest one-day plunge…
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