Date:  Wednesday, January 7, 2026 I. Monetary Conditions and Interbank Rates As of early January 2026, major central bank benchmarks and interbank rates reflect the following levels: Federal Funds Rate:  The effective Federal Funds Rate remains at 3.64% . SOFR (United States):  The 30-Day Average Secured Overnight Financing Rate (SOFR) is 3.747% , while the 90-Day Average stands at 3.984% . EIBOR (UAE):  The 3-Month Emirates Interbank Offered Rate (EIBOR) is fixed at 3.629% .

Date:  Monday, December 29, 2025 I. 2025 Global Macroeconomic Recap The 2025 economic landscape was characterized by a gradual moderation in inflation and divergent growth paths across major economies. Growth Outlook:  Global real GDP growth is estimated at 3.0%  for 2025. Advanced economies faced a sharper slowdown, averaging 1.5%  growth. Inflationary Trends:  Global headline inflation is projected to have fallen to 4.2%  in 2025 from 5.7%  in 2024. II. Global Equity Indice

Joshua Hawley September 23rd, 2025 Market Overview U.S. equity markets saw solid performance. The S&P 500  gained 4.4% over the last...

Joshua Hawley 9.9.2025 For the week beginning September 8, 2025, markets continued to exhibit mixed signals, with strong performances in...

September 2, 2025 Joshua Hawley Equity markets continue to show strength with major U.S. indices climbing, while fixed income markets and...

Joshua Hawley, August 18th, 2025 Market Overview U.S. equity markets advanced for the week ending August 15, 2025. The S&P 500  saw a...

Week of June 30, 2025 Joshua Hawley Global Market Summary Global markets advanced into the second half of the year buoyed by easing...

June 23, 2025 Global Market Overview Equities : The S&P 500  ticked higher, while tech-led strength lifted the Nasdaq . Volatility...

Date:  Monday, June 16, 2025 Global Market Summary Markets showed mixed performance as investors positioned for upcoming FOMC decisions....

Joshua Hawley, CEO Date:  June 9, 2025 Sources:  Walker & Dunlop, Bloomberg Global Macro Overview: Caution in the Cycle The macro...

Market Overview: Treasury Yields & Federal Reserve Expectations The bond market remains in focus as Treasury yields continue to rise ,...