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Washington Just Floated the Largest Defense Budget Since World War II

The current US defense budget already runs around $1 trillion for the year. The administration's proposal for 2027 would push that to

Daniel Whitmore Daniel Whitmore

Silver Just Hit a Two-Month High, and It's Still Down Nearly Half From January

Silver opened this week at its highest level since June, trading above $62 an ounce and holding near $58 through early August as tensions

Daniel Whitmore Daniel Whitmore

Mortgage Rates Are Creeping Back Toward 7%, and Oil Is Part of the Reason Why

The 30-year fixed mortgage rate has climbed to 6.65% to 6.66% as of early August, with some refinance quotes pushing past

Daniel Whitmore Daniel Whitmore

Big Tech Is About to Spend $697 Billion on AI, and the Bill Just Got Bigger

Sell-side analysts now peg 2026 capital spending at roughly $697 billion for just five US technology companies, up $173 billion from where estimates

Daniel Whitmore Daniel Whitmore

The Labor Market Is Cooling "Unmistakeably," and That Phrase Is Doing a Lot of Work

The economy added 142,000 nonfarm payroll jobs last month, short of the 165,000 economists expected, while the unemployment rate ticked down to

Daniel Whitmore Daniel Whitmore

Corporate Earnings Just Had Their Best Quarter in Five Years, and Wall Street Still Underestimated It

Analysts walked into this earnings season expecting S&P 500 profit growth of roughly 32%. With 61% of companies now reporting, aggregate earnings

Daniel Whitmore Daniel Whitmore

Oil Spiked From a Middle East Conflict, and Nuclear Stocks Are the Ones Rallying

Oil prices have climbed to some of their highest levels in years as conflict in the Middle East keeps supply risk elevated. The stock

Daniel Whitmore Daniel Whitmore

REITs Just Quietly Beat the Market, and Hotels Are Doing the Heavy Lifting

While most of the market's attention this year has stayed fixed on rates and tech earnings, real estate investment trusts turned in

Daniel Whitmore Daniel Whitmore

The Tariff Deadline Nobody's Talking About Just Reshaped Corporate Costs

Most of the tariff headlines this year focused on the big reciprocal rate resets. The one that actually matters more for corporate margins right

Daniel Whitmore Daniel Whitmore

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