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Browse a collection of past posts and rediscover timeless content.
Even Australia Is Dumping US Dollars

Even Australia Is Dumping US Dollars

An FX strategist said our closest ally is "in good company." That should chill you.

Aug 28, 2026

Why 6.67% Won't Move in September

Why 6.67% Won't Move in September

The mortgage on your grandson's first house was set at a bond auction he'll never read.

Aug 28, 2026

Dick's Just Crushed the Retail Thesis

Dick's Just Crushed the Retail Thesis

The sneaker cycle that carried mall retail for 15 years appears to be over.

Aug 26, 2026

Bessent's Bond Plan Is Failing

Bessent's Bond Plan Is Failing

The government's $950B rainy-day fund may pay for next month's rescue attempt.

Aug 25, 2026

The Treasury Is Buying Its Own Bonds

The Treasury Is Buying Its Own Bonds

71% of Americans oppose a data center nearby. More than ever opposed nuclear.

Aug 25, 2026

Mortgage Rates Stuck at 6.58%

Mortgage Rates Stuck at 6.58%

Foreign central banks just walked away from $72 billion in Treasuries. That's not normal.

Aug 24, 2026

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