by Mark Chandik | Mar 17, 2026
A quick trip to fill up the gas tank is a painful reminder that prices at the pump have jumped over the last couple of weeks—Figure 1—due to supply concerns. There are fears that higher prices will exacerbate inflation and hurt the economy, as cash that might have...
by Mark Chandik | Mar 9, 2026
What is the efficient market theory? Textbooks have been written to fully explain the theory. But if we can sum it up in one sentence: Assets, such as stocks, reflect all publicly available information. It is a foundational principle of finance. You might be...
by Mark Chandik | Mar 2, 2026
Over the weekend, global markets were shaken by significant geopolitical developments, as the US and Israel carried out coordinated strikes on Iran that resulted in the death of Iran’s Supreme Leader. Iran responded with missile strikes, which escalated tensions and...
by Mark Chandik | Feb 24, 2026
The government shutdown proved to be a far greater drag on the economy than earlier estimates indicated. On Friday, the U.S. BEA reported that fourth-quarter Gross Domestic Product (GDP), the largest measure of economic output, grew at a 1.4% annualized pace. This...
by Mark Chandik | Feb 17, 2026
The US Bureau of Labor Statistics published its final benchmark revisions covering employment during the 12‑month period between April 2024 and March 2025. The revisions showed that payrolls were revised lower by 898,000 jobs compared with the originally reported...
