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Former State Dept. official Edward Fishman breaks down the rise of economic statecraft How modern warfare is waged by “guerrillas in gray suits” — not soldiers on battlefields Why controlling chokepoints and financial systems may prevent military escalation This week, we’re joined by Edward Fishman, Author of Chokepoints: American Power in the Age of Economic […]
[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 Powell Speaks [AP] Senate grinds to a standstill as Republicans struggle with Trump’s big bill [Reuters] US manufacturing mired in weakness as tariffs bite [Reuters] US job openings unexpectedly […]
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 of inflation and a U.S. government debt and deficit crisis. The Fed seemingly can’t keep rates steady or even raise rates further to effectively fight inflation because […]
[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 Trade Talks [Yahoo/Reuters] Oil falls on prospect of more OPEC+ supply, easing risks in Mideast [AP] Senate Republicans are in a sprint on Trump’s big bill after a weekend of setbacks […]
Seldom in America’s history has the spectrum of possible economic outcomes been so incredibly large. America’s debt problem is immense. Donald Trump’s solutions to it are proportionately ambitious. No one can accuse him of not taking the matter seriously enough. But opinions as to what the outcome will be are virtually as varied as the […]
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 8.8%), and the Broker/Dealers jumped 4.6% (up 20.9%). The Transports advanced 4.9% (down 2.5%). The S&P 400 Midcaps gained 2.6% (down 0.6%), and the small cap Russell […]
[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 Scrounges for Votes [Axios] U.S. will send tariffs letters in coming days, deals not needed, Trump says [Axios] Trump accuses Powell of keeping interest rates “artificially high” [Reuters] Wall St Week Ahead […]
[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 Trump’s “big, beautiful bill” [Yahoo/Bloomberg] South Korea calls for ‘mutually beneficial’ trade deal with US [CNBC] How China could shut down auto factories around the world [NYT] Comparing How the House and […]
