by Richard Garrett | Jun 24, 2026 | Economy
Bank of America is telling investors to take profits now, warning that a growing cluster of internal indicators is signaling the stock market may be approaching a top after months of gains driven heavily by a narrow group of AI-related technology stocks. Seven of the...
by Richard Garrett | Jun 24, 2026 | Economy
Prominent private credit investors are warning that artificial intelligence is forcing a significant reckoning across the software sector. But they are pushing back against the most catastrophic interpretations, arguing the disruption will produce a K-shaped outcome...
by Richard Garrett | Jun 19, 2026 | Economy
Americans’ expectations for future inflation remained largely stable in May even as the Iran war continues to push energy prices higher and drive headline inflation to a three-year high, according to the New York Federal Reserve’s monthly survey released...
by Richard Garrett | Jun 18, 2026 | Economy
Oil prices climbed Monday morning after a surge of direct military action between Israel and Iran over the weekend marked the most serious ceasefire violation since the truce took effect in early April, raising fresh fears about the durability of peace negotiations...
by Richard Garrett | Jun 18, 2026 | Economy
A blockbuster May jobs report has shifted rate markets dramatically, pushing the probability of a Federal Reserve interest rate increase by December to levels that would have seemed unlikely just weeks ago, when rate cuts were still the dominant market expectation....