Vietnam seals a trade deal

“Pick a side,” says The Economist. While the US and China have smoothed over their own trade spat, US strategy has pivoted to pressuring “unfortunate third countries” to do the dirty work of isolating

“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

Issue of the week: the US/UK trade accord ...

Europe has been a winner while US has been a (relative) loser

A 4.1% unemployment rate suggests little need for rate cuts from the Fed

Picking through a murky market outlook for the rest of 2025