Macroeconomics

The last week of July was subsumed by a volatile market and a news cycle dominated by coverage of the Federal Reserve’s (FOMC) Wednesday decision regarding interest rates. While it was the second such meeting under new chairman Kevin Warsh, unlike his first meeting last month, sentiment this go around pointed to the real possibility of a rate hike heading into the week.

Entering the second half of the year, mid-July has arrived with its typical imperatives that come along with the apex of the summer to finalize vacation itineraries and (just maybe) relax a bit before summer ends, the kids go back to school, and the businesses that always seems to creep up late in the year arrives. At the same time it seems the news cycle has been anything but relaxing. Temperatures have spiked across the country (with a side of apocalyptic smog from Canadian

There's something quietly extraordinary about celebrating the Fourth of July in 2026. This isn't just another summer holiday with fireworks and grilling. This year, America turns 250. A quarter millennium. For proof that the ideals written into existence on July 4, 1776 are among the best, you don't need to look much further than the longest-running experiment in representative democracy the world has ever seen.

As midwestern skies turn sunny, temperatures warm, and children make their way home from school for summer break, it almost seems on cue that we see a meaningful break in hostilities and political developments in Iran.

June is around the corner and we approach the new summer season with Memorial Day ahead, vacation schedules planned, and pleasant weather in mind. So too, we conclude another positive earnings season for corporate America, with more than 80% of S&P 500 companies delivering upbeat earnings surprises with an average growth rate of nearly 28% .

Writing this week on the 5th of May, or “Cinco De Mayo” as it is known in some circles, has us thinking about tacos, and maybe a few margaritas as well. Aside from the obvious culinary aspect of the delicious traditional Mexican dish that has come to be associated with this week, we’re looking at the market landscape for reasons to celebrate. However, much like the recent spring weather in the Midwest, while the climate improves, there are a few grey clouds threatening to rai

The past few weeks have highlighted an increasing tension between two lumbering giants: the $31 trillion U.S. economy¹ and global input supply markets, oil and otherwise, impacted by geopolitics. The first week of April saw the release of a slew of economic data, all of which was exceptionally strong across U.S. markets. The ISM Manufacturing PMI rose to 52.7 in March, its third consecutive month of expansion and its strongest reading since August 2022.