Markets
The War Update
April 20, 2026
A replay of our April 23, 2026 conference call.
A replay of our April 23, 2026 conference call.
The Commitments of Traders report enables investors to track changes in positions among various groups of traders/investors.
Commentary & analysis of selected stories on April 20, 2026
Commentary & analysis of selected stories on April 17, 2026
The Fed's interest expenses remained high in 2025. The central bank has been operating at a loss since September 2022 and might not return to profitability for several more years.
Increased uncertainty from the trade war and conflict in Iran has taken a toll on small business owners. Very few are planning capital outlays in the next six months.
Volume and volatility are down in the bond market even though other markets are seeing increased interest.
A profile of the world of tokenized stocks
Over the past couple of weeks, momentum stocks have seen a strong rally alongside volatile and growth stocks.
A long-term look at dollar/pound exchange rate