Déjà Vu: Oil, Semi, Fed Move Markets
Executive Summary US Markets. Major U.S. stock indexes closed the week mixed, as a late-week rebound in semiconductor and artificial intelligence (AI)-related shares helped the Nasdaq Composite and the S&P 500 Index overcome earlier volatility that was driven in part by higher oil prices and renewed hostilities between the U.S. and Iran. The Nasdaq led […]
How Do “Trump Accounts” Stack Up Against Other Child Savings Vehicles?
On July 4, 2026, the long-anticipated “Trump Accounts,” created under the One Big Beautiful Bill Act, officially went live. Many households are asking the same question: should we open one of these for our children or grandchildren? The idea of starting early on retirement savings has real appeal, giving an asset six decades to compound […]
Week of July 12, 2026 – Weekly Economic Commentary
Ten days after Fourth of July, the fireworks continue with the testimony of new Federal Reserve Chairman Kevin Warsh before the House Financial Services Committee (July 14) and the Senate Banking Committee (July 15.) The central bank is required to provide commentary and answer questions from lawmakers twice a year, though the dates are flexible […]