The New Capital Journal

Financial news, views, advice, and guidance.

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Have U.S. Equities Rallied Too Much?

Beneath the surface are two market dynamics: the megacap tech stocks, which account for the lion’s share of positive market performance year-to-date, and everything else.

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VIDEO: The Fed's Rate Moves and Inflation

The Fed has initiated this rapid series of rate increases, the fastest set of increases since the 1980’s, in an attempt to slow the economy and bring down red-hot inflation.

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Is The Fed Getting Inflation Wrong?

Falling energy and electricity prices helped disinflation in headline CPI, which rose just 0.1% on the month, while stickiness in shelter, used cars and transportation services kept core inflation steady at 0.4%.

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