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 JANUARY 10, 2025
Its been a rough ride in the financial markets over the past month. The S&P 500 has fallen by more than 4 percent since hitting a nearby peak on December…
WEEK OF DECEMBER 27, 2024
The modest Santa rally was rudely interrupted on Friday, as prices slumped amid light trading during this holiday-shortened week. Meanwhile, bond yields continued to tilt higher since the Fed announced…
WEEK OF DECEMBER 20, 2024
The financial markets are still reeling in the aftermath of the hawkish rate cut by the Fed this week. Stock prices plunged on the day of the Fed meeting on…
WEEK OF DECEMBER 13, 2024
The tail-end of the holiday shopping season is rapidly approaching; by all accounts consumers are in a festive mood, keeping their wallets open and purse strings loose. But for the…
WEEK OF DECEMBER 6, 2024
The much-anticipated jobs report for November should not deter the Fed from cutting its benchmark rate by another quarter-point at its upcoming December 17-18 meeting. For sure, a case can…
WEEK OF November 29,2024
The debate in the financial markets regarding Trumps tariff proposals what they imply for inflation, supply chains, currency adjustments and the response by trading partners — continued apace in this…
WEEK OF NOVEMBER 22, 2024
The post-election tremors in the financial markets are gradually subsiding, as the calendar moves further away from November 5 and acceptance sets in. that said, policy uncertainty remains an albatross…
WEEK OF NOVEMBER 15, 2024
With the presidential and congressional races now settled, a key source of uncertainty has been resolved. Not so with the policy proposals or how they will be accepted by incoming…
WEEK OF NOVEMBER 8, 2024
The headline-grabbing presidential election took center stage this week, and the outcome is still reverberating through the financial markets. Stocks continued to stage an unprecedented post-election rally through Friday although…
WEEK OF NOVEMBER 1, 2024
The vibe-recession may still be alive and well, but incoming data, if sustained, is sure to loosen its grip. While economic data may not be the best measure of happiness,…
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