The Bull Market Is Alive and Well
  • July 7, 2025

The Bull Market Is Alive and Well

The bull market is alive and well, even amid widespread talk of the “death of U.S. exceptionalism.” Early 2025 saw a sharp shift in investor sentiment. Concerns over erratic trade policy, soaring...

The Future Engine of Monetary Inflation
  • July 6, 2025

The Future Engine of Monetary Inflation

Government actions are likely to maintain sufficient upward pressure on the prices of commodities, goods, and services to limit the central bank’s ability to inflate the money supply. What we meant...