Stagflation fears stoked by stalling consumer confidence and rising inflation

Picking through a murky market outlook for the rest of 2025

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

“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

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

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

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