Author Archives: Jason Kelly

Market Report for Tuesday, April 22, 2025 Stocks fell sharply Monday under the weight of one man’s economic vision. President Trump wants the Federal Reserve to serve at the pleasure of his pleasure, another wing of the West Wing, slashing rates on command. With Fed independence foundational to US financial credibility, investors bailed… _________________ Free […]

Dispatches from the Front Seat Just when we were settling into a schedule, something you could rely on, yours truly caught a spring travel bug and hit the road. That’s great news for your correspondent. From the top Portuguese fare of Newark to the rolling hills of Pennsylvania, the bureaucratic charm of Albany, the colonial […]

Market Report for Friday, April 18, 2025 Stocks delivered a mixed showing Thursday before taking Friday off to ponder the latest Orange alert: President Trump demanded the Fed extinguish the tariff-sparked fire he started, and can’t wait to fire the fire marshal… _________________ You’re on the free list. That’s fine—if you’re the type who reads […]

Market Report for Wednesday, April 16, 2025 Stocks tripped over tariffs Wednesday after slamming into Team Trump’s “no chips to China” policy, which grounded even Nvidia’s brightest stars. Fed Chair Powell’s polished pause didn’t help, sealing the deal on a day in the dumps… _________________ Free subscribers get glimpses. Paid subscribers get the whole show, […]

Market Report for Tuesday, April 15, 2025 Tuesday granted Wall Street a welcome rest, closing in a sea of zeroes resembling salary negotiations at an unpaid internship fair. Morning gains faded into the ether, but when the worst anyone can muster is a 0.4% loss, we’ll call it a collective shrug in pinstriped pajamas. Level […]