Weekly Market Pulse: Chokepoints

By |2026-05-18T07:28:14-04:00May 17th, 2026|Alhambra Research, Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Newsletter, Taxes/Fiscal Policy|

“You pay a very high price in the stock market for a cheery consensus.” — Warren Buffett The inflation figures released last week were not particularly good. Consumer prices rose 0.6% in April and the year-over-year change is now 3.8%. The core numbers were better at 0.4% for the month and 2.8% year-over-year, but those were still higher than expected. [...]