This week, HAI wishes a happy 4th of July to all readers and a very happy birthday to the land of the free and the home of the brave! While this year’s [...]

[Axios] Trump tariff letters going to a dozen countries Monday [CNBC] Trump says tariff letters to 12 countries signed, going out Monday [Yahoo/Bloomberg] [...]

Rarely, if ever, had a period so beckoned for market discipline. It took a fateful pass. I found myself this week pondering a fundamental Bubble Maxim: Bubbles [...]

[Yahoo/Bloomberg] US Stock Futures Drop on Latest Trump Tariff Salvo: Markets Wrap [Yahoo/Reuters] Stocks and dollar dip as Trump’s spending bill passes, [...]

[CNBC] Stocks pop after a better-than-expected June jobs report: Live updates [Yahoo/Bloomberg] Japanese Bond Yields Move Higher Despite Smooth 30-Year Sale [...]

[CNBC] S&P 500 slips after unexpected decline in private payrolls data: Live updates [Yahoo/Bloomberg] Oil Extends Gain With US Stockpiles and OPEC+ [...]

[CNBC] Stocks slip to kick off second half of 2025, Tesla shares drop: Live updates [Yahoo/Bloomberg] Treasury Yields Drop to Lowest Level in Two Months Before [...]

For over a year, HAI has considered the Federal Reserve’s interest rate policy to be broken. That’s because the Fed is largely boxed in by the twin nemeses [...]

[Yahoo/Bloomberg] Stocks rise after S&P 500 notches a fresh record high: Live updates [Yahoo/Bloomberg] Gold Edges Up as Traders Weigh Trump Tax Bill, US [...]

For the Week: The S&P500 jumped 3.4% (up 5.0% y-t-d), and the Dow rose 3.8% (up 3.0%). The Utilities increased 1.1% (up 7.4%). The Banks surged 5.6% (up [...]

[AP] Senate Republicans advance Trump’s tax and spending cuts bill after dramatic late-night vote [Yahoo/Bloomberg] Trump Tax Bill Advances in Senate as GOP [...]

[Reuters] US Senate Republicans aim to push ahead on Trump’s sweeping tax-cut, spending bill [CBS] Senate aims to hold initial vote today on [...]