By Gary C. Sanger, Ph.D., CFA Overall economic conditions in the third quarter have been stable, with positives balancing negatives. According to the Bureau of Economic Analysis, US real annualized GDP expanded by 2.2% in the second quarter, down from 2.5% in Q1, but up strongly from 0.5% in Q4 2025. The weakness in Q4…
By Gary C. Sanger, Ph.D., CFA Happy 250th Birthday, America! The U.S. and Iran signed a 60-day Memorandum of Understanding in June, creating a temporary pause in hostilities following several months of conflict. That all recently ended as a result of Iran’s continuing attacks on ships in the Strait of Hormuz. President Trump has…
By Gary C. Sanger, Ph.D., CFA The lead story here is the US-Israeli attack on Iran. The conflict began February 28, and it continues to date. The Trump administration’s stated goal is to end the war within weeks. So far, despite oil prices rising above $100 per barrel, the global economic effects have been quite…