Author: Money Mechanics

At the time of writing, President Trump is waffling about the possibility of joining Israel in its attacks on Iran. This adds yet another possible inflation risk story: crude oil prices could spike in response to snowballing conflicts in the Middle East.To recap, there are four main inflation risks lurking over the U.S. economy.A large tax cut could help fuel demand.Tariff wars are only in a ceasefire, and high tariff rates (particularly for Chinese goods) might resume after the ceasefires expire.A widening of the war might result in a crude oil spike.Widespread deportations are cutting off some industries from labourers,…

Before the CPI analysis, I always try to give some context for where we are in the ‘story’ about the evolution of inflation right now. It’s really difficult to do that, though, because of all of the massive policy changes that are happening – and often in opposite directions with respect to the effect on inflation. Here is the Baker, Bloom & Davis Economic Policy Uncertainty Index, which is derived by scraping news sources. Even strong supporters of President Trump’s have to admit that his Administration has been a whirlwind on economic policy (for many of them, of course, that’s…

Basketball legend Kobe Bryant expressed deep admiration for Elon Musk, often sharing how the billionaire served as a source of inspiration for him.What Happened: Bryant, renowned for his voracious appetite for knowledge, was always on the lookout for inspiration from the best in various fields. Musk, known for his innovative approach and relentless quest for solutions to complex problems, caught Bryant’s attention.Bryant once expressed his admiration for Musk, stating, “Elon Musk is a genius by all accounts. I asked him one time about how does he learn and the amount of research and amount of study that he does is unheard of but I’ll always say the most…

Personal income, in current dollars, increased in 2,814 counties, decreased in 295, and was unchanged in five counties in 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. Personal income increased 6.0 percent in the metropolitan portion of the United States and 4.7 percent in the nonmetropolitan portion (table A). In metropolitan counties, the percent change in personal income ranged from 17.3 percent in Oldham County, TX, to −8.6 percent in Oliver County, ND. In nonmetropolitan counties, it ranged from 38.7 percent in Sherman County, TX, to −29.1 percent in Sheridan County, ND (BEA interactive data).…

Chen ZhaoChen Zhao is the head of economics research, where she produces research on the housing market for public and internal audiences. Previously, she was an executive director leading housing finance and financial markets research at the JPMorgan Chase Institute. Prior to joining JPMCI, Chen was an economics consultant at Analysis Group, Inc., where she worked on financial litigation cases and led teams conducting health economics and outcomes research on behalf of pharmaceutical companies. While in graduate school, Chen was with the Center for Economic Studies and the Social Economic and Housing Statistics Division at the US Census Bureau, where…

Joseph Maldonado and Kerry Wan/ZDNETThe Google Pixel 10 Pro Fold has finally arrived, and it isn’t taking on the Galaxy Z Fold 7 with a generational design leap. Instead, it competes by adding quality-of-life features — a couple of which are industry-firsts for a foldable phone. If you are ready to upgrade from a slab phone to a foldable one, now is the best time to do so. However, it can be confusing to make a decision when both Google and Samsung book-style foldables are so good this year.Also: Everything announced at Made by Google 2025: Pixel 10 Pro, Fold, Watch 4, and…

Kayvon SarmadiCourtesy of UBS Name: Kayvon Sarmadi Firm: UBS Wealth Management Location: Washington, D.C. Team Assets (Custodied): $974 million Background: Kayvon Sarmadi launched his career as a solo advisor at just 23 years old—an unusually young age in a post-financial crisis industry. “I had to beg the firm for an exception,” he says. “I didn’t want to be on a team—I wanted to do this myself.” Raised in Roanoke, Virginia, Sarmadi grew up in his family’s car dealership business, attending sales meetings as a kid and developing a strong foundation in sales and client service. He started trading stocks at…

Refresh 2025-08-24T19:23:50.810Z Nvidia’s next-gen efforts, robotics updates and competition are top of mind for analysts Jamie Meyers, senior analyst at Laffer Tengler Investments, is upbeat ahead of Nvidia’s earnings announcement.”We’ve seen strong demand intra-quarter, along with companies like OpenAI complaining about cloud capacity and chip availability,” Meyers notes. “Moreover, with a resumption of China H20 shipments, we expect the loss of revenue – at $8 billion last quarter – from China sales will be significantly less or mostly eliminated.”Meyers also expects management to comment on both sovereign and Blackwell Ultra ramps. “As such, we believe earnings will skew to the…

Key Takeaways Nvidia is set to release its second-quarter results after the market closes Wednesday.Analysts are widely bullish on the chipmaker’s stock, anticipating record sales despite some trade policy headwinds.The company warned it could face an $8 billion hit from China export curbs. Nvidia (NVDA) is set to release its latest quarterly results after the market closes Wednesday, with analysts expecting the most valuable company in the world’s sales could reach another record high, despite an anticipated hit from export curbs. The AI chipmaker is projected to report adjusted earnings per share of $1.02 for the second quarter on an…

Cboe’s Periodic Auctions offer a unique opportunity to source liquidity through 100 millisecond auctions triggered by crossing interest, with minimal market impact. The order allocation model rewards size over time priority, helping participants who need to manage larger trades or are seeking midpoint or other price improved fills on exchange.In this latest Execution Consulting insights paper, we’ll dive into how Cboe’s Periodic Auctions work, execution performance and common order behaviors that have helped clients determine if the recent growth in activity can add to their liquidity seeking workflows.How Do Cboe’s Periodic Auctions Work?Periodic Auctions are intraday auctions that are a…