The NFIB’s Small Business Optimism Index rose 2.1 points to 97.4 in June, moving closer to its 52-year average of 98.0. The Uncertainty Index fell 2 points to 89, although it remains elevated relative to historical norms, underscoring that the improvement in sentiment has not fully translated into a more predictable operating environment. Seven of […]
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The Social Security Trustees finally released their long-awaited update on the program’s finances on June 9. The report is 273 pages long, so I’ll give you the highlights. In a nutshell, Social Security’s current setup Read more…
Dollar fell broadly in early trading after June CPI delivered a much larger-than-expected downside surprise, shifting market attention away from escalating geopolitical risks and back toward a more benign inflation outlook. Headline CPI fell -0.4% Read more…
US inflation slowed much more than expected in June, offering the first meaningful challenge to the recent surge in Federal Reserve tightening expectations. Headline CPI fell -0.4% mom, slowing from 0.5% mom in May, while Read more…