Blog Archive
The Bond Market Is Ignoring The Fed
Long-term Treasury yields are rising despite Federal Reserve rate cuts. This signals that markets fear inflation and government debt more than a slowing economy.
Read Post
The Fed Chair Is Not a King
A new Fed Chair cannot unilaterally dictate monetary policy. The structural realities of the market and the Federal Reserve Board itself will constrain any ideological agenda.
Read Post
Ignoring Half Your Workforce Is Bad Math
The debate on gender equality is a strategic error when framed socially. It is fundamentally a problem of resource allocation and economic friction.
Read Post
The Feds Hidden Balance Sheet Pivot
The Fed is swapping long-term mortgage securities for T-bills, a crucial pivot to manage systemic liquidity and shorten the duration of its massive asset portfolio.
Read Post
Your Merit Is a Market Fiction
Meritocracy and market worship created a system that breeds instability. As AI accelerates this trend, we must rewrite the rules before the social contract breaks.
Read Post
Gasoline’s Irreversible Decline
Despite record miles driven, US gasoline consumption is in a structural decline. Efficiency gains and EVs are eroding demand, forcing refiners to pivot to exports.
Read Post
The Inevitable Decline of Gasoline
Despite record miles driven, U.S. gasoline demand is in a structural decline. This is not a temporary blip; it is a permanent economic shift.
Read Post
Europes AI Fantasy Is a Liability
EU ambitions for AI leadership are a dangerous illusion. Without owning the foundational compute and infrastructure, Europe is merely a customer, not a competitor.
Read Post
Connect with me
I don't have a newsletter, but I share daily thoughts and updates on social media.