Rising Bond Yields Are a Warning to the US Treasury and the Fed
The Fed is not in a good spot. Bloomberg reports Costliest US Bond Sale Since 2001 Is Investor Warning to Bessent: The US government sold 30- »
Fifty-Five Years of Fiat Failure
It’s not the economy, stupid. Americans vote based on their personal economy
Every election season, politicians suddenly become economists. They start talking about GDP, inflation rates, job creation, trade deficits and economic growth. They point to charts showing »
Morgan Stanley's troubling housing forecast is playing out now
In February 2026, mortgage rates fell below 6% for the first time in three and a half years, briefly pushing housing affordability to its most favorable »