What if the Hantavirus turns into a black-swan for oil? This former hedge-fund executive is taking out some insurance against that.
Federal Reserve Governor Stephen Miran speaks about inflation from supply shocks, how the central bank can work with the Treasury and White House going forward, and reflects on his time at the Fed. (Source: Bloomberg)
Sales at retailers rose in April for the third month in a row, but the increase stemmed in large part from drivers spending more on gasoline because of higher prices. Spending was on the softer side after adjusting for inflation.
Inflation increases volatility by making prices, interest rates, earnings, and investor behavior harder to predict. This can raise risk across stocks, bonds, commodities, and cash.
The economic commentator on the roots of today’s chaotic moment.
Alex Rodriguez and Jason Kelly talk with Sixth Street’s Alan Waxman about taking a stake in the New England Patriots, international growth in the NBA and why a historic NWSL expansion fee paid off. (Source: Bloomberg)
Last year, when we talked to Martin Wolf, the global order seemed like it was being upended after President Trump unveiled his sweeping tariffs against nearly every US trading partner. A lot has happened since then. In fact, April 2025 seems almost quaint when compared to 2026 so far, from the Supreme Court’s tariff ruling to the US-Israel war with Iran. The war’s effect on the world’s economy is at once stunning and utterly strange: even as the prices of major commodities — oil chief among them
