The 2.2% GDP Headline Hides the Allocation Signal
Second-quarter growth was supported by consumption, investment and exports, making composition more useful than the top-line rate. Editor’s Note: GDP…
Category
Markets
Crypto Custody Is Moving Toward a Federal Rulebook
A new SEC proposal would expand custody pathways while making control, verification and operational resilience central fiduciary questions. Editor’s Note:…
AI Adoption Is Becoming an Output Variable
New BEA analysis links faster AI uptake with stronger post-2020 real output growth, while stopping short of a causal claim.…
Stablecoins Are Becoming a Balance-Sheet Question
The Federal Reserve’s proposed GENIUS Act framework centers reserves, capital and par redemption—the plumbing behind confidence. Editor’s Note: A stablecoin…
Consumers Are Borrowing—But Not Where the Market Expected
August credit flows were driven by nonrevolving balances while revolving credit contracted, separating financed purchases from day-to-day stress. Editor’s Note:…
America’s Trade Deficit Reached $105.6 Billion. Capital-Goods Imports Tell the More Useful Story.
Geopolitics Through an Investment Lens America’s Trade Deficit Reached $105.6 Billion. Capital-Goods Imports Tell the More Useful Story. The August…