Randall W. Forsyth

Under Trump’s candidate, the central bank will likely accommodate Uncle Sam’s spending needs.

Global stocks staged a relief rally after Trump rolled back his threat to take Greenland by force, recouping most of their earlier losses, just as they have after previous episodes.

John Davi of the Astoria Real Assets ETF favors gold over other metals.

The Trump administration’s push for lower interest rates could forestall expected rate cuts.

Bond yields look set to rise this year, despite the possibility of at least two Federal Reserve rate cuts. Even a small increase in yields can be a problem.

The Federal Reserve cast the move as management of money-market conditions. Others see coordination with the Treasury to help fund the deficit and suppress long-term yields.

Prognosticators offer up their views on everything from a Swifty marriage boom to the role of affordability in next year’s elections to the fates of the dollar and inflation. Why the foreseeable future is a little foggy.

If Japan raises interest rates to halt the yen’s slide, liquidity will evaporate, upending stock and bond markets around the world.

Hyperscaler deals are testing the limits of investor understanding. Moreover, investors often fail to appreciate how previous booms have played out.

The Bureau of Labor Statistics has suspended payroll reports during the government shutdown, but other data sources are sending a positive message on hiring.

The company is testing the math behind the artificial-intelligence buildout: How long can you increase capital expenditures out of cash flow—and what do you do when you hit the wall?

Treasury plans typically don’t get nearly the attention of Federal Reserve announcements. But its statement could affect bonds, and in turn other asset prices.

With bank reserves falling and the economy weakening, the Federal Reserve will likely unveil plans to stop shrinking its balance sheet.

New technology is hardly the only driver of economic growth. Just ask the banks, which reported impressive quarterly earnings.

Stocks and gold are flying high, and concerns have surfaced over credit. But there are still significant differences between previous bubbles and our current markets.

The yellow metal only recently passed its 1980 peak in inflation-adjusted terms. Fears about the dollar and inflation could push the price higher.

Nor does the prospect of massive layoffs of federal employees during the shutdown upset the bulls. That would just mean more Fed rate cuts.

Lower rates have spurred the sales of corporate bonds. But bankruptcies are a sign that not all is well in the more shadowy private credit world of bank loans and closed-end funds.

New Federal Reserve governor Stephen Miran argued in Barron’s in 2024 that interest rates needed to rise. Now, building a case based on rents and falling immigration, he thinks they need to fall much further.

After a quarter-point reduction, policymakers see two more cuts by year end. But views vary widely after that, and the White House will be free to reshape the central bank.