Productivity has been steadily improving over the past two years. In the third quarter of 2025, it accelerated to a 4.9% clip from 4.1% in

As a rule, the financial markets respond to macroeconomic forces like changes in employment, inflation and productivity, plus monetary forces like changes in the money

Whatever happens in 2026 and beyond will be entirely dependent on whether recent productivity growth, which has registered average gains of 2.2% a quarter since

Both the stock and bond markets cheered the Fed’s 3rd straight rate cut, but cutting rates further will be hard to do, even though the

From 4 p.m. on Sunday to Tuesday afternoon, the price of a bitcoin dropped 8% to $84,000 and then rebounded fully by Wednesday, without any

Release of the official estimate of the real gross national product for Q3 – a key measure of overall level of economic activity – will

Odds of a December rate cut sank to 32.7%, on Thursday, which compares to 50.1% only a few days ago and 93.7% on October 17,

If the Fed does cut interest rates more than it ought to and investment in Artificial Intelligence keeps advancing, the S&P 500 will likely touch

The polymarket odds of tariffs surviving the ruling in their current form plunged to less than 30% this week, with traders now pricing in a

There is growing evidence that recent productivity gains are due to the role that AI is having on the labour market. For instance, the Atlanta

Adam Smith’s 1776 magnum opus, “An Inquiry into the Nature and Causes of The Wealth of Nations,” is one of the most important books on

Gold’s breakneck rally gained unabated momentum this week, rising more than 5% to surpass the $4,200 mark. I took the opportunity to sell my remaining