Inflation

Blog: Will Rogue AI Pop the AI Bubble?

Bubbles depend upon stories. If the story changes, the bubble can pop.

Blog: Reflation Expectations Rise

Dormant for a few months, inflation expectations are coming back to life.

Blog: Monetary Policy and Politicians Revisited

Interest Rate cuts continue to be a bad idea.

Blog: New Fed Chair, Same 2% Pipe Dream

Why is 2% inflation still a magic number?

Blog: Bessent Tries to End Run the Fed

Manipulating the bond market is doomed to failure.

Blog: The Yen and the Fractal Nature of Currencies

Currencies are different than stocks and bonds, though all are fractal.

Blog: Warsh Whiffs his Second Time At Bat

We live in times that are both interesting and boring.

Blog: AI and Tariffs and War. Oh my!

The bond market is expecting to find something worse than a cowardly lion.

Blog: Oil Price Complacency May Soon be Tested

The mechanism for stabilizing oil is not sustainable.

Blog: The Age of Ambiguity

So much information. So little meaning.