Trick or Treat We’re in the midst of earnings season, a time when quarterly company results have the market in a tight grip. So far, over 40% of S&P 500 constituents have reported, with a big chunk of that coming last week. And yet, despite both profits and revenue beating consensus estimates by around 6%…Read more
Familiar Phenomenon Inflation has cooled substantially in recent months to the great relief of many Americans. But while the pace of price increases has slowed overall, inflation is picking up for certain things. That’s right: Eggflation is back. What’s Causing Eggflation? A quick reminder, we’ve been here before: Many costs soared during the pandemic, including…Read more
Home Buying Perks When the Federal Reserve pushed interest rates up in its fight against inflation during the post-pandemic period, central bankers often spoke about their goal of a “soft landing” for the economy. Success would look like this: Policy would cool the economy enough to bring inflation under control without triggering a recession. And…Read more
