Market Commentary

Timely takes on markets and the economy.

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The Role of the Fed in a Shifting Economy (With Pat Harker)

Patrick Harker, former President of the Federal Reserve Bank of Philadelphia, joins the show to discuss monetary policy, inflation expectations, and more.

Alternative Candidate(s) for Data During Shutdown

With official data halted by the U.S. government shutdown, investors turn to private and high-frequency indicators to track jobs, spending, and growth in real time.

Tariff Threats, Layoffs Spark Sharp Pullback

Markets posted their worst loss since April as President Trump threatened China with "massive" tariffs and the federal government began layoffs amid a continued shutdown.

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Government Shutdown Drives Reliance on Other Data

With the U.S. government shutdown and the absence of some employment data, what proxies are analysts using to assess the health of the economy?

Commentary

The Delayed Impact of Tariffs

Why hasn't the broader global economy felt the full effect of tariffs on imports?

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On Investing

Surveying the Corporate Credit Landscape (With Joel Levington)

Joel Levington joins the show to discuss corporate credit, private credit, the auto industry, ratings agencies, and more.

AI: Stairway to Heaven or Heartbreaker?

AI technology has the potential to profoundly improve industries and markets, but not without some risks—like valuation and profitability—that investors should be aware of.

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Bond Insights

Should You Consider High-Yield Municipal Bonds?

High-yield munis have extra risks and yields are low relative to investment-grade munis. However, investors in higher tax brackets may still want to consider a small allocation if it fits their risk tolerance.

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On Investing

Global Central Banks Face Uncertain Policy (With Robin Brooks)

Robin Brooks of the Brookings Institution joins Kathy Jones for a discussion about central bank policy around the world and the status of the dollar.