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Path of least resistance

Posted 3 months ago by Monterey

Choosing jobs over inflation, Fed avoids conflict and surrenders to Trump (Originally published Sept. 18 in “What in the World“) The Fed did not disappoint. The U.S. Federal Reserve cut

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Hubris

Posted 3 months ago by Monterey

Investors go all in on Goldilocks scenario of AI and Fed rate cuts (Originally published Sept. 15 in “What in the World“) Investors are putting their eggs in one basket—again.

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Market vigilantes

Posted 3 months ago by Monterey

As equities binge on AI fantasies, bond investors brace for economic gloom (Originally published Sept. 12 in “What in the World“) Analysts warn that the bond market doesn’t seem to

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The trifecta bet

Posted 3 months ago by Monterey

As economy softens and tariffs head for final reckoning, investors feel lucky (Originally published Sept. 11 in “What in the World“) Don’t get too comfortable. UBS warns that, even as

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Hurts so good

Posted 3 months ago by Monterey

Worsening job market buoys markets praying the Fed will give in to Trump (Originally published Sept. 4 in “What in the World“) The U.S. job market appears to be darkening—so

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A manufactured crisis

Posted 3 months ago by Monterey

Factory building slumps as Trump takes ‘illegal’ tariffs before Supreme Court (Originally published Sept. 3 in “What in the World“) U.S. manufacturing still isn’t giving Trump the revival he said

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Contents may have shifted…

Posted 3 months ago by Monterey

‘Reciprocal’ tariffs ruled illegal, Trump heads to carefully packed Supreme Court (Originally published Sept. 1 in “What in the World“) We will now find out whether there is any check

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Trump nears total financial control

Posted 3 months ago by Monterey

As he readies new tariffs, Fed could be under his thumb by next spring (Originally published Aug. 29 in “What in the World“) Trump plans to boost tariffs on raw

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The method in the madness

Posted 3 months ago by Monterey

Trump’s tempest of attacks on institutions, individuals part of concerted putsch (Originally published Aug. 28 in “What in the World“) Former Federal Reserve Chair Janet Yellen added her voice to

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Calm before the storm

Posted 4 months ago by Monterey

Market nonchalance belies longer-term damage Trump’s Fed attacks are causing (Originally published Aug. 27 in “What in the World“) Don’t mistake the market’s apparent calm over Trump’s attacks on the

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