12/30/2025

Big Banks Enjoy Stealth Bailouts

The Federal Reserve Bank of New York (NYFed), acting like a financial Santa Claus to recklessly naughty bankers, delivered $17 billion in cash to an unknown bank or banks at 8 AM the morning after Christmas.

12/24/2025

US economy grows at fastest pace in two years

But while that has led to sharp swings in some areas, such as imports and exports, the underlying economy has maintained solid momentum, outperforming many forecasts.

11/03/2025

What do Fed rate cuts mean for investors?

While the tone of the meeting was more hawkish than markets expected, we still expect another 50bps of rate cuts between now and the first quarter of 2026, and with policy rates set to fall, we advise investors to put cash to work.