Patent theory on the back of a napkin

In a choppy market, liquidity risk can be a worry for investors

Here’s the smart way to track Chinese industrial production

On the good news front, CPI was indeed modestly market friendly. Stocks took the lower yields as a good sign

Once again, the decision to keep Fed Funds at its current level came as little surprise, as the Fed continues to be sitting back and waiting to see how the economic and inflation landscape unfolds given the uncertainties that have arisen from tariff-related developments.