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Extraordinary Events

A Kotok Quick Take: Extraordinary Events

I’m visiting with family this week and fishing with my granddaughter, but the sequence of extraordinary events with economic implications has not paused for that family event. Here’s a quick take:

Setting further discussion aside until later, here’s a happier moment today: My nine-year-old granddaughter holds a fish about the same age.

Reading List

“Justice Dept. Opens Criminal Inquiry into Lisa Cook, Elevating Trump’s Claims” | New York Times, https://www.nytimes.com/2025/09/04/us/politics/lisa-cook-trump-fed-governor-justice-dept.html

“A Summit and Parade in China May Signal a Geopolitical Shift. They Might Also Be Political Jockeying, | MSN, https://www.msn.com/en-us/news/world/a-summit-and-parade-in-china-may-signal-a-geopolitical-shift-they-might-also-be-political-jockeying/ar-AA1LNoJ0

“The government’s next jobs report lands Friday. Here’s what to look for. | CBS News, https://www.cbsnews.com/news/august-jobs-report-labor-market-bureau-labor-statistics/

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Is It a Market Correction or a Reallocation?

Is It a Market Correction or a Reallocation?

We ask if recent market volatility was a broad market correction or a reallocation within and among asset classes. Or is something else driving volatility because of disruption (AI, tariffs, wars, federal deficits)?

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