News & Updates
Hot and Cold Economy
Mixed inflation and jobs data; as usual. Parts of the economy are strong, some are weak, but in the end, this just makes it difficult to justify interest rate decreases.
Interest Rates Steady
The Fed has held interest rates at 3.50%-3.75%. There are rumors the Fed could drop rates by 1% over 2026, but good evidence of this remains to be seen.
Bombs Away
With air strikes in Iran, oil prices have risen. Arguably this is an overreaction, as Iran is sanctioned so aggressively that the only country that purchases Iranian oil in mass is China. World oil supplies won't even notice Iran has stopped pumping.
Tariffs, Down but Not Out
The Supreme Court found that Trump exceeded his authority designated to him by congress when we used emergency powers to implement tariffs. Trump immediately vowed to use different powers given to him to implement more tariffs, even higher tariffs.