News

The August CPI Report Just Made Next Week’s Fed Decision a Lot Easier to Predict. The August CPI report landed Friday morning, and it delivered exactly the outcome Wall Street had been dreading all week. Prices rose a seasonally adjusted 0.4%, in line with forecasts. The 12-month rate came in at 3.4%. Both numbers matched […] More

The PPI Report Came In Right on Target. Oil Crossing $100 at the Same Moment Wasn’t. The PPI report landed Thursday morning showing wholesale prices rose 0.4% in August, exactly matching the Dow Jones consensus forecast. Core PPI, stripping out food and energy, actually came in a touch cooler than expected, up 0.2% against a […] More

Brent Crude Tops $100. The Timing Couldn’t Be Worse for the Fed. Brent crude tops $100 a barrel Wednesday morning, its highest level since July. The 10-year Treasury yield jumped to 4.81%. Rate-sensitive stocks and sectors took the biggest hit of the morning, right as this week’s CPI and PPI inflation data loom on the […] More

Oil Prices Climb, the Dow Sheds 600 Points, and September Keeps Living Up to Its Name. Oil prices climb sharply Tuesday morning as Iran warns it “will take action against any threat,” and the reopening bell after Labor Day didn’t waste any time delivering bad news. The Dow fell 613.60 points, down 1.15%, to 52,800.65. […] More

Oil Prices Rise While Wall Street Takes the Day Off. Tuesday Won’t Be So Quiet. Oil prices rise Monday morning, and the timing couldn’t be worse for anyone hoping for a calm return from the long weekend. U.S. markets are closed for Labor Day. The Strait of Hormuz isn’t taking the holiday off. Brent crude […] More

The August Jobs Report Crushed Estimates. Stocks Fell Anyway. Of Course They Did. The August jobs report landed Friday morning with a number nobody saw coming. The U.S. economy added 162,000 jobs. Economists expected 55,000. Nearly triple the forecast. The Dow fell 300 points. By now, this pattern shouldn’t surprise anyone following markets this year. […] More

Fed Rate Pause Hopes Just Gave This Market Its Best Afternoon in Weeks. Fed rate pause hopes built steadily through Thursday, and by early afternoon the rally had real teeth. The S&P 500 gained 0.90%, up to 7,735.91. The Dow surged 598 points, or 1.13%, to 53,660.29. The Nasdaq climbed to 26,542.26. The 10-year Treasury […] More

The ADP Jobs Report Just Showed the Slowest Hiring in Months. Yields Didn’t Care. The ADP jobs report landed Wednesday morning with a number that should’ve been the whole story. Private employers added just 38,000 jobs in August. Down from 46,000 in July. Below the 47,000 economists expected. The slowest pace of hiring in months. […] More

Treasury Yields Surge to a 2025 High. September Just Announced Itself. Treasury yields surge Tuesday morning to their highest levels since early 2025, and the new month didn’t waste any time living up to its reputation. The S&P 500 fell to its lowest point since August 4. Brent crude climbed toward $93 a barrel. The […] More

Tim Cook Steps Down Today. The Bond Market Didn’t Even Notice. Tim Cook steps down as Apple’s CEO tomorrow, September 1, ending fifteen years at the helm of the world’s most valuable company. Apple shares slipped less than a point Monday morning. That’s it. That’s the whole market reaction to the end of an era. […] More

Nvidia Earnings Just Rescued This Market. Friday Could Undo It. Nvidia earnings landed Wednesday after the bell, and the number Wall Street needed showed up. Revenue and profit both beat estimates. Guidance topped Street forecasts. Shares jumped 6% to 7% in premarket trading Thursday, snapping a brutal seven-session losing streak that had shaved nearly 12% […] More

PCE Inflation Data Stays Sticky. Nvidia and Jackson Hole Are About to Decide Everything Else. PCE inflation data landed Wednesday morning, and the number wasn’t what bulls wanted heading into the most important 48 hours of the summer. Inflation remained sticky. Not hot enough to panic. Not cool enough to celebrate. Just stubbornly stuck. Stocks […] More