Category: Markets and Macro

Traders wasted little time repricing the path of U.S. interest rates after New York Fed chief John Williams signaled that more easing could arrive sooner rather than later. Expectations for a December cut have surged, and with them, the stakes for markets, borrowers, and the central bank’s credibility. I see the shift as less about…

The balance of consumer power in the United States has tilted sharply toward the top of the income ladder. The vast majority of households now account for their smallest slice of overall spending since the pandemic began, even as affluent Americans keep swiping their cards and booking trips. That shift leaves the economy more exposed…

Bill Gross is betting that the Federal Reserve will move faster than markets expect, arguing that policymakers will be forced into a rate cut by December as growth cools and political pressure mounts. His call puts one of the bond market’s most famous names at odds with investors who still see the central bank holding…

The dollar is supposed to be the world’s ultimate safe asset, yet its recent performance has looked surprisingly soft for a currency backed by the largest economy and deepest capital markets on the planet. Mohamed El-Erian has been warning that this apparent mismatch between U.S. strength and dollar behavior is not a fluke, but a…

Bitcoin’s latest rout has reopened one of the sharpest divides in modern investing: whether crypto is a dangerous speculation or a once-in-a-generation monetary reset. As roughly $400 billion in market value evaporated in a single week, Robert Kiyosaki chose not to retreat but to publicly confront Warren Buffett’s long‑standing skepticism and argue that digital assets…

The headline numbers on growth and unemployment still look reassuring, but the surface strength of the U.S. economy hides pockets of outright decline. Several key industries tied to goods, trade, and housing are already shrinking, even as aggregate data suggest resilience. Taken together, these contractions show how a “rolling” downturn can coexist with overall expansion,…

On paper, the United States is in solid shape, with steady growth, low headline unemployment and resilient corporate profits. Yet for millions of households, the day-to-day experience feels closer to a slump than a boom, with higher prices, shakier job security and a persistent sense that the ground is shifting under their feet. A growing…

Unemployment in the United States has climbed to its highest level in nearly four years, a jarring milestone that lands after a long stretch of robust hiring and solid wage gains. The latest data show joblessness rising even as employers continue to add positions, a split-screen economy that feels very different depending on whether you…

The Saudi crown prince has just put a number on his ambition for the United States, and it is big enough to reset expectations on both sides of the relationship. By pledging a vast new wave of capital into American industry and technology, he is turning what used to be a transactional oil-for-security bargain into…

Across housing, healthcare, child care, and basic goods, the cost of staying afloat is rising faster than paychecks, and the squeeze is no longer confined to any single city or income bracket. Policymakers now invoke an “affordability crisis” as routinely as they cite inflation, yet the underlying math shows that without deliberate intervention, the gap…