LATEST ARTICLES

The Cyclically Adjusted Budget Balance

The Cyclically Adjusted Budget Balance

The U.S. cyclically adjusted budget deficit is set to hit 5.8% of potential GDP by 2027, suggesting real interest rates will remain elevated. Excluding temporary IEEPA tariff revenue reveals deeper fiscal strain ahead of 2026 refunds.

Bitcoin Cycle Low

Bitcoin Cycle Low

Bitcoin continues to track a consistent four-year cycle highly correlated with global liquidity and the Nasdaq.

In This Article: BTC
Also Mentions: NDX

EDITOR'S CHOICE

Marc Chandler

Fed Chair Warsh’s hawkish signals spark a US Dollar rally as markets price in additional rate hikes.

Robert Rapier

Surging AI data center demand is ending the era of flat U.S. electricity growth.

Kurt Kallaus

Crude oil and Treasury yields are climbing as Middle East tensions disrupt energy shipping routes.

IN THE SPOTLIGHT

Fredrik Arnold

MPLX LP projects a 14.93% total return for the coming year, driven by steady price gains and a robust 7.27% dividend...

Lucas Juery, CFA

The US boasts the highest average wealth per adult, yet its $69,000 median wealth lags far behind peers like Australia...

Dmytro Spilka

Apple is testing Chinese CXMT chips to resolve a memory crunch, signaling a shift in US hardware reliance.

Gregor Horvat

JPMorgan is extending its bullish rally after a successful support test, signaling further upside potential.

Norman Mogil

Rising energy costs and inflation are driving global bond yields higher. Massive deficits and AI infrastructure...