“Stocks surge as US-Iran deal ignites global rally: Investor sentiment also helped by SpaceX’s historic initial public offering” (Financial Times)
Kevin Warsh Wants the Fed to Stop Explaining Everything (Wall Street Journal)
“For decades, the central bank believed talking openly made its policy work better. Its new chairman believes the opposite—and his first meeting Wednesday is where he starts to prove it.”
How strong is the U.S. economy?
The closure of the Strait of Hormuz weighs on output and raises inflation. Will the AI boom last?