Weekend Events – Markets’ Muted Reaction – June 23, 2025
Good morning, The idea that financial markets are cold and unfeeling in the face of major geopolitical events is getting some support from this morning’s price action. While the weekend airstrikes haven’t yet prompted a direct response from Iran, most asset prices have already unwound the risk premium that was priced in on Sunday night’s […]
Economic Commentary – June 23, 2025
Any business looking for calm seemingly can’t catch a break. The Federal Reserve feels that pain, too. Just as inflation was on the verge of becoming a lesser concern, albeit at the expense of increased worries about economic growth, a war in the Middle East raises the specter of gas and oil price spikes working their way […]