Each year, central bankers, finance ministers and academics gather in Jackson Hole, Wyoming, for an economic policy symposium (or boondoggle, whichever you prefer).
Eyes on the Tetons
Retail Therapy
The mood among American consumers, by many accounts, is grim. This sense of uncertainty and anxiety has been pervasive in 2025.
Actions Over Words
With the S&P 500 tumbling 18% in April from its February high, and subsequently rallying back to an all-time high, the second quarter was a wild rollercoaster for investors.
Turn Down the Volume
After a quick start that saw the S&P 500 jump 5% in the first three weeks of the year, markets abruptly reversed course and gave it all back and then some, with the blue-chip index posting a 4.3% loss for the quarter.