ACA Premium Relief in 2026: What Happened to Enhanced Subsidies and What’s Next
For households enrolled in the Affordable Care Act (ACA) marketplace, the new year arrived with a sharp increase in monthly health insurance premiums. Why? Enhanced ACA subsidies expired on December 31, 2025. While the One Big Beautiful Bill Act (OBBBA), signed last summer, introduced sweeping changes to the healthcare landscape, it did not explicitly cancel […]
2026 Opens with Momentum and Cautious Optimism
Markets started 2026 on a positive note, with major equity indices extending their 2025 gains as leadership shifted to smaller companies and cyclical sectors. The bond market was quiet and produced modest gains as Treasury yields inched lower, and corporate bonds outperformed as credit spreads remained tight. The tone across financial markets was risk-on but […]
Inflation, Housing, and Fed Speeches: A Pivotal Week Ahead
Having hopefully shaken off the always-lethargic start to the new year, investors will be bombarded by data this week, some of it still questionable in quality. For example, the usefulness of Consumer Price Index and Producer Price Index numbers for October, delayed because of the government shut-down, is not even being discounted — it’s largely […]
A Sudden Detour from an Otherwise Orderly Market – January 12, 2026
Good morning, I expected to be writing about last week’s solid market performance, the start of earnings season, and the inflation data due this week—altogether, a market continuing its orderly ascent, led by AI, its adjacent beneficiaries, and the broader economy that increasingly rides their coattails. Instead, that narrative has been abruptly hijacked by the […]