The Fed seems to be deciding that rate hikes are necessary after all.
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Headline inflation is expected to drop for a second consecutive month -- but this is far from the full story.
The Morning Bull - US Market Morning Update Monday, Jul, 20 2026 US stock futures are pointing lower this morning, with E mini S&P 500 contracts down around 1%, as investors weigh falling bond yields against a cooling housing backdrop. The US 10 year Treasury yield has slipped to about 4.5% after softer inflation readings. In plain terms, this means borrowing costs in financial markets are easing a little even as the debate over the Federal Reserve's next move continues. At the same time,...
If inflation continues to trend in the right direction, it'll help end the bear market.
An unpredictable geopolitical situation may make it much harder than anticipated.

<body><p>STORY: :: TSMC sees 'strong', 'multi-year' AI chip demand as it invests another $100 billion in its Arizona facilities</p><p>:: Taipei, Taiwan / July 17, 2026</p><p>:: Wendell Huang, TSMC Chief Financial Officer</p><p>"Our overseas expansion decisions are based on customer needs with a necessary level of government support. So we do see, we continue to see customers' strong demand, multi-year structured demand."</p><p>:: TSMC</p><p>"We also are very grateful for the support from the U.S. government: the federal, the state, and the city level. And therefore, we decided that -- and we're doing very well. We're very happy with our current status in Arizona -- so we decided to increase the investment in Arizona."</p><p>"There are physical constraints, the number of construction workers available, the infrastructures available. Those parts will -- some of that depends on -- we'll work closely with the government to solve these issues."</p><p>Chief Financial Officer Wendell Huang said on Friday (July 17) the company is "very happy" with progress in Arizona, which is why it decided to ramp up investment to $265 billion, during an interview. He added that the company was very grateful for U.S. government support.</p><p>The pledge to expand in Arizona is a win for U.S. President Donald Trump, who has pushed for more chip-making at home. Trump has repeatedly accused Taiwan of stealing American semiconductor business. He has said that by the time he leaves office, the U.S. will have 50% of the world's semiconductor manufacturing capacity. </p><p>In total, current and planned projects will bring TSMC's Arizona footprint to 12 fabrication and advanced packaging facilities plus an R&D center. He did not provide a timeline for the latest investment. </p><p>At the same time, TSMC continues to invest at home, where it is building 13 leading-edge and advanced packaging fabs over the next several years. </p><p>Huang added that “the most leading-edge technology will stay in Taiwan" because of the need for close coordination between research and manufacturing teams when ramping up the company’s most advanced technologies. And overseas expansion would be considered once production had stabilized.</p><p>Asked if the company would consider raising money by selling new shares in the U.S., Huang said it would "not rule out issuing new bonds" if market conditions are favorable.</p></body>
Chip and AI-linked stocks have whacked in recent weeks after a sharp run-up, while inflation concerns, the U.S.-Iran conflict, and stretched valuations have also weighed on sentiment.
The AI data center build-out is driving up prices for some consumer goods.
Geopolitical tensions in the Middle East have escalated in recent days, reviving concerns about oil prices, inflation, and the global economic outlook. Although the uncertainty has added another source of volatility, the S&P 500 remains within 2% of its all-time high, suggesting investors expect the broader economic impact to remain contained.Claim 55% Off TipRanks Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions Subscribe to TipRanks Sma
(Bloomberg) -- Bond traders and Federal Reserve Chairman Kevin Warsh are in agreement on a crucial point: The central bank’s fight against inflation still seems far from over. Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseUS-Iran Attacks Escalate as Strikes Kill Two Am
The new Fed chair's top priority is a double-edged sword for the second-priciest stock market in history.
A portfolio paying $55,000 this year feels useful today, but inflation has a way of quietly making that same paycheck feel smaller every year you spend it. The yield you choose right now could either protect your retirement income or slowly hollow it out.
Investors have rightly given up on companies such as General Mills and Kraft Heinz, which are squeezed by everything from inflation to GLP-1s.
The typical American household spent $78,535 in 2024. Headline PCE inflation was running at 4.1% year over year in May 2026, which means the same lifestyle can become thousands of dollars more expensive in a single year. Social Security benefits are rising 2.8% in 2026, but that adjustment may not fully offset the higher cost ... The Portfolio That Lets You Ignore Inflation
The Trump Administration announced a 25% tariff on most Brazilian imports late Wednesday, effective July 22. The U.S. has invoked Section 301 of the Trade Act of 1974, targeting certain Brazilian practices, which include directives to American tech giants like...
Federal Reserve Chairman Kevin Warsh was subjected to intense questioning by Sen. Elizabeth Warren (D-Mass.) regarding potential ethics violations. On Wednesday, his second day of monetary policy testimony on Capitol Hill, Warsh was grilled by Warren about a $100 million...
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United Airlines Holdings and other major aviation companies are urging Congress to approve a $20b package to modernize U.S. air traffic control systems. The proposed funding targets upgrades to critical infrastructure that manages flight routing, congestion, and safety across the national airspace. This coordinated push places United alongside Boeing and Airbus in a broad industry effort to influence upcoming federal transportation priorities. United Airlines Holdings, traded as...
The FedEx CEO built a legendary career by saying yes to every opportunity that crossed his path. At 63, that same instinct could quietly wreck the one retirement move you cannot undo.
After more than a decade of being starved for yield by the Federal Reserve, the bond market is finally offering us a clean, honest 5% return on zero-risk U.S. government debt.
The Dividend King consistently raises its dividend and also pays a high yield.
Every new tariff headline, rate decision, and earnings miss seems to demand a financial response, and that constant pressure is exhausting. There is a way to build a portfolio so sturdy that the daily news cycle loses its grip on your nerves.
The Treasury bond market has historically offered an effective signal right before the onset of a recession.
No one ever said overseeing monetary policy for the world's largest economy would be easy.
The stock market's No. 1 catalyst has quickly transformed into an inflationary menace.
These cash-flow-heavy businesses offer opportunities to build long-term wealth through reliable dividends and inflation protection.
The Trump administration imposed 25% tariffs on Brazil, citing its PIX payment system and other alleged unfair trade practices.
A number of stocks fell in the afternoon session after sentiment continued to weaken as tech stocks faced a dual headwind of deteriorating macro conditions and an unwinding of retail leverage. The fundamental pressure stems from a sudden oil shock. A reinstated U.S. naval blockade on Iran pushed Brent crude past $85 a barrel, raising expectations that the Federal Reserve will hold rates in the 3.50%–3.75% range. For the software sector, this higher cost of capital could drive stricter scrutiny o
US equity indexes fell this week as semiconductors headed toward a bear market and Iran's retaliatio
JPMorgan is preparing to raise its quarterly dividend by 10% after clearing the Federal Reserve's stress test, reinforcing confidence in its capital strength and shareholder return strategy.