Welcome to the Wall Street Week newsletter, bringing you stories of capitalism about things you need to know, but even more things you need to think about. I’m David Westin, and this week BlackRock’s Rick Rieder explained why markets are so happy despite the tariff disruption, and we looked at what private equity investment could mean for the crisis in child care. If you’re not yet a subscriber, sign up here for this newsletter.
President Trump came to office promising sweeping economic changes that brought predictions of trouble ahead. Six months in, tariffs are up, the “One Big Beautiful Bill” looks to add to an already-troubling national debt, but the predicted troubles are yet to show up in the markets or the economy.