Category: Markets and Macro

The United States is discovering what happens when its most reliable visitors decide to stay away. A sustained boycott by Canadian travelers is stripping billions of dollars out of U.S. tourism and Retail, and the ripple effects are beginning to reshape border economies on both sides. What looks like a quiet personal choice by individual…

The Federal Reserve has cut interest rates for the third straight meeting, bringing borrowing costs to their lowest level since 2022 and signaling that the bar for any further easing is now significantly higher. The move caps a year in which policymakers tried to thread the needle between cooling inflation and avoiding unnecessary damage to…

Investors looking ahead to 2026 are increasingly focused on political risk, and at the center of that conversation is President Donald Trump’s trade agenda. I see three intertwined catalysts around Trump’s tariff push and the Supreme Court’s role that could plausibly turn a routine correction into a full-blown stock market crash if they unfold in…

The warning lights on the United States economy are no longer subtle. A growing stack of data and expert analysis now points to a national slowdown that could hit households, markets, and public finances at the same time, turning a series of “soft” signals into a hard economic shock. I see a pattern emerging across…

Tim Draper has never been shy about bold forecasts, and his latest one is as audacious as ever: he believes Bitcoin can climb to $250,000 within roughly the next year. That target would require a dramatic repricing of the world’s best known cryptocurrency, but it also fits a pattern of conviction that has defined Draper’s…

Car buyers have heard a lot of big promises about relief at the dealership, and President Donald Trump’s latest pledge to knock $1,000 off the price of a new vehicle lands squarely in that frustration. The claim sounds simple, but the policy mechanics behind it are anything but. To understand whether that kind of discount…

US employers abruptly shifted from a long stretch of restraint to a sharp wave of announced layoffs in October, signaling that the era of “no hire, no fire” stability may be ending. After months in which companies largely chose to freeze openings rather than cut staff, the spike in planned job reductions suggests executives are…

The Federal Reserve’s preferred inflation gauge showed prices rising 2.8% in September compared with a year earlier, a level that keeps the central bank uncomfortably above its target even as the broader economy cools. The latest reading, delayed by the government shutdown, suggests inflation is easing only gradually from earlier peaks, leaving households still squeezed…

Wall Street is mounting an unusually public effort to keep President Donald Trump from installing longtime ally Kevin Hassett as the next chair of the Federal Reserve, turning a normally discreet vetting process into a full scale lobbying campaign. The fight is not just about personalities, it is about whether the central bank will prioritize…

The federal government’s official jobs scorekeeper expects some familiar careers to fade quickly over the next decade, even as the broader labor market keeps expanding. The fastest shrinking roles share a common thread: routine tasks that can be automated, digitized, or reorganized out of existence. For workers in those fields, the projections are a warning…