Markets

There is undoubtedly a new world order emerging now, with the U.S. dominating world energy markets. Meanwhile, China’s military influence is waning.

‘The fatal policy error going back four or five years is still a legacy that we’re dealing with,’ Fed Chair Kevin Warsh stated.

The 30-year Treasury bond yield rose above the key 5 percent level on May 15.

The odds of the Federal Reserve hiking interest rates by 25 basis points in December have more than doubled over the past week.

The 12-member cartel anticipates global oil demand will remain robust this year.

Energy and services fueled a spike in wholesale inflation.

Economist Ed Yardeni headlined this current AI-fueled rally as a surge “To Infinity and Beyond!” I agree.

With mega-IPOs—SpaceX, Anthropic, and OpenAI—possibly on the horizon, the tech-fueled concentration could intensify.

The price of the benchmark Brent crude oil climbed to $105.92 per barrel in early trading, continuing weeks of fluctuations.

Robust tech earnings and strong job gains lifted markets.

Economic observers debate whether a ‘K’ is taking shape in retail spending.