Beware inflation in trump’s second term

Picking through a murky market outlook for the rest of 2025

Only a downside surprise on jobs may move the Fed to lower rates, much to Trump’s disappointment

Stocks are living their best life while the dollar is having its worst year since 1973

The White House may be hoping to inflate its way out of the debt burden

Issue of the week: are markets too complacent? ...

“A latter-day Rip Van Winkle… napping since the start of the year, might think not much had changed” over the past six months in financial markets, says Randall Forsyth in Barron’s. The S&P 500 index