โข
Shelter costs led price increases, but goods price acceleration leveled off. We’ve reached a new, distinctly elevated “normal.”
Policy choices turned an oil-rich democracy into a petrostate, then into an authoritarian economy where repression followed redistribution.
โข
Trumpโs tariffs havenโt boosted manufacturing; theyโve raised costs and disrupted supply chains. A redistributive dividend check canโt reverse the underlying economic harm.
โข
Our proprietary index barely budged at the end of 2025, but the underlying mix stayed active. Prices are still uneven: rising food categories offset declines in fuel.
The DOJ’s investigation is ugly politics, but we might welcome a test of whether central bankers are subject to the same oversight as everyone else.
โข
Five years of interventionist policy, inflationary finance, and trade restrictions have steadily eroded consumersโ purchasing power.
โข
Headline and core inflation both cooled over the past two months, led by softening energy costs. Missing data complicates projections.
โข
After several years of quantitative tightening, the Fed is restarting QE amid persistent market and policy pressures.
โข
American households are hurting. With wage growth lagging and inflation compounding, no amount of presidential bluster can mask the math.
โข
Both hawks and doves cite major rules to justify their stance. But the division inside the Fed isnโt dysfunction โ itโs a sign of officials taking both mandates seriously.
โข
Shelter costs led price increases, but goods price acceleration leveled off. We’ve reached a new, distinctly elevated “normal.”
Policy choices turned an oil-rich democracy into a petrostate, then into an authoritarian economy where repression followed redistribution.
โข
Trumpโs tariffs havenโt boosted manufacturing; theyโve raised costs and disrupted supply chains. A redistributive dividend check canโt reverse the underlying economic harm.
โข
Our proprietary index barely budged at the end of 2025, but the underlying mix stayed active. Prices are still uneven: rising food categories offset declines in fuel.
The DOJ’s investigation is ugly politics, but we might welcome a test of whether central bankers are subject to the same oversight as everyone else.
โข
Five years of interventionist policy, inflationary finance, and trade restrictions have steadily eroded consumersโ purchasing power.
โข
Headline and core inflation both cooled over the past two months, led by softening energy costs. Missing data complicates projections.
โข
After several years of quantitative tightening, the Fed is restarting QE amid persistent market and policy pressures.
โข
American households are hurting. With wage growth lagging and inflation compounding, no amount of presidential bluster can mask the math.
โข
Both hawks and doves cite major rules to justify their stance. But the division inside the Fed isnโt dysfunction โ itโs a sign of officials taking both mandates seriously.
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact