Philadelphia Fed Manufacturing Index Rebounded in June

Published on June 18, 2026

The latest Philadelphia Fed manufacturing index showed activity rebounded in June, with the index rising 10.7 points to 10.3. The latest reading marks the fifth positive reading in the past six months and was better than the forecast of 9.8.

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Hormuz Oil and Gas Shipments Accelerate After Deal Enters Force

June 18, 2026
A growing stream of stranded oil is making its way out of the Strait of Hormuz while empty Iranian vessels rush in, as the US-Iran interim peace deal sparks one of the biggest days of activity since the conflict began.

Are We All Active Investors Now?

June 18, 2026
Markets are always changing — and sometimes the rules of finance do, too. I believe markets are efficient, which means my investment portfolio is pretty much all index funds. My enthusiasm for indexing is based on evidence from the Before Times, when the question of a corporation’s index-worthiness was straightforward.