Latest News

• Where Rates Hit Home.

  October 11, 2026

  
  Where Rates Hit Home.
  Stocks rose while oil and yields swung. The economy looks slower, though still moving.

• Not the Usual Crowd

  October 4, 2026

  
  Not the Usual Crowd
  Hiring slowed sharply. Meanwhile, the people trading stocks aren’t who they used to be.

• Stocks Rise. So Do Yields.

  September 27, 2026

  
  Stocks Rise. So Do Yields.
  Stocks had a fine week. The bond market disagreed.

• The Fed Finally Moved

  September 20, 2026

  
  The Fed Finally Moved
  The Fed hiked for the first time since 2023, and no committee member objected.

• Calm Under Pressure

  September 13, 2026

  
  Calm Under Pressure
  Rate-hike odds ran from 32% to 87% in a month, and volatility never noticed.

• Weekly H&C OOO Sick

  August 30, 2026

  
  Weekly H&C OOO Sick
  Markets up but commentary is limited. We’re OOO sick.