The Hidden Rhythm of U.S. Expansions: From Gold Anchors to Fiscal Dominance. The history of U.S. expansions is the history of shifting monetary and fiscal regimes, each bound by a different constraint. Under Bretton Woods (1949–53, 1954–57, 1958–60), growth bursts were short but

RT @SantiagoAuFund: Money is the tool governments use to trap your mind coverty so they don't have to resort to directly controlling your p….

PPI Shock Sends Ripples Through Every Asset Class. Markets opened today bracing for a routine inflation update, but the July Producer Price Index hit like a surprise squall. Headline PPI surged 0.9% month over month, far above the 0.2% consensus, and rose 3.3% year over year

This PPI print is a big upside surprise, and the details make it more concerning than the headline suggests. The Producer Price Index measures changes in prices received by domestic producers for their output, essentially, it’s a pipeline measure of inflation before it hits.

I think part of the confusion here is that the Bloomberg charts are prescriptions, they show what a Taylor Rule says the Fed should do based on certain inputs. The Taylor Rule outputs shown hinge on the assumptions they’re built with. One big one is NAIRU, which those models put

This chart is showing one of the strongest setups for altcoins since 2020. We’ve got a multi year pattern of higher lows pushing against the same resistance level, and momentum is turning up from very low levels. If this breakout plays out like the pattern suggests, it points to

Import Price Index data like the chart below measures the average price U.S. importers pay for goods from abroad, with December 2001 set as the base year (100). It’s expressed in nominal terms so part of any long term rise simply reflects the dollar buying less over time, not

Great interview between @APompliano and @tanvi_ratna.

This JOLTS report looks like a late stage slowdown rather than a sudden break. The national numbers don’t look dramatic, but underneath, momentum is clearly fading in much of the South and Midwest while California is going against the grain. Job openings fell in more states than

Global Rate Cuts Are Coming from a Very Different Starting Point And Here’s Why It Matters. Most major economies are not easing from ultra low or emergency levels like we saw after the financial crisis or during COVID. They’re cutting from restrictive territory, meaning rates.

RT @solari_the: Why Are the BIS and ECB Upset about Stablecoins?. "Mega-Rich Madness". Solari Report Money & Markets: August 7, 2025 with C….

If you look at Berkshire’s track record before big economic slowdowns, the mystery stock is probably in a space that generates steady cash, operates as part of a regulated oligopoly, or owns infrastructure with long term pricing power. In the past, Buffett has often bought into.

What we’re really seeing is mostly higher income households, probably making $150K–$300K or more a year. That group sits in roughly the top 10–15% of the wealth distribution and controls a much bigger share of investable assets. They kept their jobs through COVID, watched their.

RT @tanvi_ratna: I’ll be on the show with @APompliano in the AM. Drop me themes, questions you want to hear about!.

A weak 5 year Japanese government bond auction is basically the market weighing in on what the Bank of Japan might do next, and whether Japan can handle a bigger wave of bond supply without its old yield caps in place. The 5 year maturity is exactly where policy changes start to

RT @zerohedge: Wave Of Suicides Among Chinese Entrepreneurs Signals Deepening Crisis In Private Sector: Expert

RT @tanvi_ratna: The irony.

China South City is a national platform of massive trade city complexes that combine wholesale markets, logistics hubs, and mixed use real estate across multiple provinces. With liabilities of about HK$60.9 billion (roughly US$7–8 billion), it’s far smaller than giants like

If we’re being honest, the U.S. isn’t going to rein in the deficit by cutting Social Security, Medicare, or military spending because politically, those are untouchable. That leaves only one real path which is higher revenues, structural growth, and tighter capital discipline,