How to Improve Inflation Targets Without Inciting the Bond Vigilantes

Published on September 29, 2025

Too little attention was paid at the start of the decade to the likely hangover from a heady cocktail of cutting interest rates close to zero and increased bond buying via quantitative easing — at the same time as governments delivered a bucketload of fiscal stimulus.

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Magnificent 7 Is Passe. This Group of AI Stocks Can Replace It

September 29, 2025
Wall Street’s most powerful collection of stocks, the Magnificent Seven, is looking a tad dated. Make way for the Great Eight. Or maybe the Golden Dozen. Or the TenAI of GenAI.

Pending Home Sales Jump 4.0% in August, More Than Expected

September 29, 2025
The National Association of Realtors® (NAR) pending home sales index jumped to its highest level in five months, coming in at 74.7 in August. This marks a 4.0% increase from July, significantly higher than the expected 0.2% monthly rise, and a 3.8% increase from one year ago.