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 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…
WEEK OF JANUARY 30, 2026
The financial markets dodged two potential disrupters this week, as the choice of a new Federal Reserve Chair was revealed and another government shutdown was avoided. President Trump’s chosen nominee…
WEEK OF JANUARY 23, 2026
If Benjamin Franklin was alive and able to amend his most popular quote, he might add uncertainty to death and taxes as the only sure events in life. Admittedly, we…
WEEK OF JANUARY 16, 2026
A big fear during the government shutdown was that the data blackout might be cloaking fundamental shifts in the economy even as it kept policymakers mostly in the dark and,…
WEEK OF JANUARY 9, 2026
With the jobs report for December now on the books, it’s time to say a not-so-fondly goodbye to 2025. To be sure, the data are preliminary and subject to revision,…
WEEK ENDING DECEMBER 19, 2025
Unless meaningful data comes out over the holidays, this will be the last full weekly for 2025, although we may publish a truncated version before the end of the year…
WEEK OF DECEMBER 12, 2025
The Fed followed the expected script this week, cutting rates by another quarter-percentage point, the third consecutive cut since September. If there was any drama at the gathering, it concerned…
WEEK OF DECEMBER 5, 2025
The backfilling of data continues apace, providing more evidence of the economy’s performance before the government shutdown. Nothing too revelatory is coming to the surface, as incoming information confirms general…
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