Friday’s session was less a decisive move and more a cautious balancing act, as investors tried to read the tea leaves on inflation, monetary policy, and Trump’s next tariff gambit.
Interactive Brokers Group Inc. saw its shares surge 10% on Friday following the release of its second-quarter 2025 earnings, which exceeded Wall Street expectations on both revenue and profit.
Amid talk of Social Security cuts and means testing, an idea emerges: offer well-off retirees a choice—take full benefits for 5 years in exchange for tax-free IRA withdrawals. It’s a potential win-win to help sustain the system without forced cuts.
In this video, Michael J. Kramer discusses growing concerns over a second wave of inflation, citing CPI swap markets as signaling rising long-term inflation expectations.
Today was a very boring day in the markets. The Dollar drifted a little lower, gold and silver a little higher. VIX is complacent. Stocks are overvalued and mispriced for risk.
