On My Mind: Out of the Blue

Published on November 12, 2026

The US midterm elections have brought about a major political realignment, with the Democratic Party taking decisive control of both the House and the Senate. What are the most likely implications for the economic outlook and financial markets?

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Unemployment Insurance Weekly Claims Report

November 12, 2026
In the week ending November 7, the advance figure for seasonally adjusted initial claims was 200,000, an increase of 9,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 189,000 to 191,000. The 4-week moving average was 195,250, unchanged from the previous week's revised average. The previous week's average was revised up by 500 from 194,750 to 195,2

Survey of Consumer Finances: Full Disclosure

November 12, 2026
We all know someone who over-shares: the coworker too eager to discuss weekend adventures, or the friend who describes medical conditions in excessive detail. Yet even among those who hold no secrets, discussion of personal financial circumstances is usually taboo. It can therefore be difficult to judge how the average person is faring, economically.