Inflation is back – what does it mean for markets?

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

Picking through a murky market outlook for the rest of 2025

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

Issue of the week: renewed tariff turmoil ...

“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