First Trust market views, organized for advisors.

Kevin Warsh appears poised to lead the Fed, but Jerome Powell’s continued presence on the Board could limit how far and how fast policy can change.

The proposed shift toward shorter-duration Treasury holdings, away from mortgage-backed securities, and eventually out...

The first quarter GDP estimate points to a 2.0% annualized gain, but the underlying picture looks softer once government spending is stripped out.

Consumer activity and business investment are still expanding, yet both appear modest rather than strong, while housing...

The federal government remains on an unsustainable fiscal path, but recent trends show some improvement in both revenue and spending.

Higher tariffs and a more stable tax code have lifted federal receipts, while outlays have stayed nearly flat despite rising...

Markets may be getting ahead of themselves if they expect Kevin Warsh to quickly take over at the Fed and begin cutting rates.

His confirmation looks uncertain, and even if he arrives in time for the June meeting, inflation is...

Unified Republican control has locked in the Trump tax cuts, but shifting political winds point toward a likely Democratic takeover of the House in the 2026 midterms, while Republicans are favored to retain the Senate.

That outcome would create divided...