Daily Briefing — July 16, 2026
Today’s Briefing
The Fed’s New Boss Has a Promise to Keep. The Bond Market Isn’t Fully Buying It Yet.
Kevin Warsh walked into his first public moment as incoming Fed chair Tuesday and made a bold pledge: he will make inflation “a thing of the past.” The bond market heard it, processed it, and shrugged just enough to be interesting.
Producer Prices Dip in June. But Don’t Pop the Champagne Yet.
Producer prices edged down 0.19% in June to an index level of 157.045, snapping a five-month run of consecutive gains. One month of cooling is a welcome sign. The catch: prices are still running 5.07%
Economic Wire: World Cup gave bars and restaurants a needed boost as consum
According to CNBC Economy, the Fed’s latest Beige Book shows the 2026 World Cup delivered a real lift to bars, restaurants, and hotels, but that boost isn’t spilling over into broader economic…
The Yield Curve Just Sent Its Most Optimistic Signal in Years. Here’s What to Make of It.
The gap between 10-year and 2-year Treasury yields hit 0.42% on July 15, nudging up from 0.40% the day before and continuing a steady climb that has pushed the spread to its widest positive territory
ON1010 provides economic education for investors. Nothing in this email constitutes investment advice. Always consult a qualified financial advisor before making investment decisions.
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