#Shocks

What happens across generations to wealth shocks? Do they endure and even magnify, or do they dissipate? By implication, how much modern wealth is attributable to events before 1900?…

Federal Reserve Governor Stephen Miran speaks about inflation from supply shocks, how the central bank can work with the Treasury and White House going forward, and reflects on his time at the Fed.

Macro uncertainty amid a series of shocks has led to a decline in confidence in both the business and broader economic outlook. Read more here.

AirPods and other small devices can produce small static shocks in certain situations. Dry air, windy conditions, and friction can all lead to static buildup.

Madison Faller, investment strategist at JPMorgan Private Bank, says the economic backdrop is resilient and that earnings growth will drive markets higher, as long as the war in the Middle East doesn't flare up again.…

We're seeing the first tremors of a similar earthquake now in Asia. More than 80% of the oil and gas that passes through the Strait of Hormuz heads east.

The FOMC held rates steady in their April meeting. It's Chair Jerome Powell's last before likely successor Kevin Warsh takes the helm.

Are recessions cyclical—or just random shocks in disguise? Tyler Goodspeed, ExxonMobil’s chief economist, challenges long-held assumptions, arguing downturns stem from unexpected shocks, not cycles.