The world has changed so profoundly that even the rhythm of the year is not what it used to be. The summer break isn’t a true break any longer — a good summer these days is one that goes by without a major global crisis.
But there is always a lot going on, and our hyperconnected world makes it impossible not to keep paying attention. Since the start of the year, we have all been relentlessly focused on a series of important issues: tariff negotiations, inflation and employment data, concerns about Fed independence, geopolitical tensions both acute and simmering, and ever greater advances and investments in AI.
