Checks and Balances
November 8, 2026
The election shook markets for a day. The economy didn’t flinch.
Checks and Balances
Latest News
Under the Hood
Under the Hood
November 1, 2026
The economy looks strong and the Fed stayed put. The trouble is underneath.
Counting the Cost
Counting the Cost
October 25, 2026
Investors questioned the price of AI, and voters questioned the price of everything else.
Sticker Shock
Sticker Shock
October 18, 2026
Inflation ran hot and AI stocks cooled. Suddenly everyone is checking the price tag.
Where Rates Hit Home.
Where Rates Hit Home.
October 11, 2026
Stocks rose while oil and yields swung. The economy looks slower, though still moving.
Not the Usual Crowd
Not the Usual Crowd
October 4, 2026
Hiring slowed sharply. Meanwhile, the people trading stocks aren’t who they used to be.
Stocks Rise. So Do Yields.
Stocks Rise. So Do Yields.
September 27, 2026
Stocks had a fine week. The bond market disagreed.
The Fed Finally Moved
The Fed Finally Moved
September 20, 2026
The Fed hiked for the first time since 2023, and no committee member objected.
Calm Under Pressure
Calm Under Pressure
September 13, 2026
Rate-hike odds ran from 32% to 87% in a month, and volatility never noticed.
Weekly H&C OOO Sick
Weekly H&C OOO Sick
August 30, 2026
Markets up but commentary is limited. We’re OOO sick.