Blog Archive
The Inflationary AI Boom
AI is supposed to be deflationary, but it’s now a key driver of PCE inflation through chip prices and software subscriptions. Here’s the overlooked mechanism.
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The 48-Day Warning
Micron’s record-breaking sprint from $500B to $1T in 48 trading days hides a dangerous liquidity trap that most investors ignore.
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The Hidden Cost Sinking Condo Prices
Condo prices are dropping up to 33% in major US markets. The real story? Hidden operating costs making condo ownership unsustainable.
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The Insurance Trap Crushing Condo Values
Condo prices in hurricane-prone markets have plunged 33% due to an insurance cost spiral, not interest rates. This structural shift changes ownership math.
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The Tax Trap Skewing Bond Inflation Warnings
TIPS have a hidden tax drag that skews inflation expectations lower than actual. The 2.4% breakeven is systematically biased downward.
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The Perverse Cycle Driving Mortgage Rates
The government’s plan to lower mortgage rates by having Fannie Mae buy MBS is backfiring. Here’s the hidden mechanism that makes it worse.
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The AI Wealth Mirage in Housing
San Francisco’s housing market is defying national declines thanks to AI stock wealth. But this is a temporary illusion hiding a deeper correction.
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The Hidden Cost of Cheap Debt Maturity
When low-coupon Treasury bonds mature, they are refinanced at much higher yields. This hidden rollover cost is a growing fiscal burden driving yields higher.
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