All Work

Don Lair

Dow 50,000

The first 1,000 points took 76 years. The last 10,000 took 21 months. The Dow Jones Industrial Average needed 76 years to climb its first 1,000 points. It needed 21 months to climb its…

Don Lair · 4 months ago

Warsh Takes the Fed (and Inherits Trump’s Economy)

Kevin Warsh is officially the next leader of the Federal Reserve. The Senate confirmed him on Wednesday by a vote of 54 to 45, making him the 17th chair in the central bank’s history.…

Don Lair · 4 months ago

The Fed’s Worst-Case Scenario Is Quietly Unfolding

The April inflation report landed with a number the Federal Reserve hoped it would never have to explain again. Consumer prices rose 3.8% year over year, the highest reading since May 2023 and a…

Don Lair · 4 months ago