Jun 11, 2026Monetary PolicyCore ConceptsWhen Headline Inflation Moves Faster Than Core (And What It Means)The Gap That Just Showed Up U.S. inflation jumped 4.2% year-over-year in May 2026, the fastest pace in more than three years. That's the headline number everyon...Jun 11, 2026
Jun 10, 2026Central BanksCore ConceptsWhat the Bank of Canada's Rate Hold Tells Us About InflationThe Setup Canada's GDP just shrank for two quarters in a row, which technically meets the definition of a recession, and yet the Bank of Canada is expected to h...Jun 10, 2026
Jun 9, 2026Central BanksCore ConceptsWhat Chile's Inflation Miss Tells Us About Central Bank Rate DecisionsChile's inflation came in at 0.2% month-over-month in May, way below the 0.4% consensus forecast. Every single analyst missed low. Annual inflation dropped to 3...Jun 9, 2026
Jun 8, 2026IndicesMarket StructureWhat Bond Markets Are Pricing In Ahead of This Week's CPI ReportThe Setup Ten-year Treasury yields hit 4.55% on Friday, a two-week high, after jobs data came in hotter than expected. Two-year yields, which react fast to Fed...Jun 8, 2026
Jun 4, 2026Global MarketsCore ConceptsWhat Asian Indices at All-Time Highs Tell Us About Global Risk AppetiteThe Setup Asian equity indices hit record highs overnight, riding momentum from a massive chip rally in the US that pushed both the S&P 500 and Nasdaq 100 to ne...Jun 4, 2026
Jun 3, 2026Global MarketsCore ConceptsWhat Canada's GDP Contraction Tells Us About Policy-Driven RecessionsWhen Policy Creates Its Own Headwinds Canada's economy shrank 0.1% annualized in Q1 2025, following a 1% drop in Q4 2024. That's two consecutive quarters of con...Jun 3, 2026
May 31, 2026IndicesMarket StructureWhat the May Jobs Report Actually Tells Us About the EconomyThe US is about to drop its May employment numbers, and the consensus is calling for 89,000 new jobs with unemployment holding at 4.3%. That might not sound lik...May 31, 2026
May 29, 2026Central BanksCore ConceptsWhat Happens When the Fed Can't Cut Rates Like It PlannedThe Setup Nobody Expected Kevin Warsh got the Fed chair job partly by sketching out a path to lower rates. That plan lasted about five minutes. Inflation just h...May 29, 2026
May 28, 2026Monetary PolicyCore ConceptsWhat Happens When Debt Interest Becomes the Second-Largest Federal ExpenseThe Numbers That Matter Right Now The federal government spent $880 billion on debt interest in fiscal 2025. That's more than it spent on Medicaid, national def...May 28, 2026
May 27, 2026Macro AnalysisCore ConceptsWhy Gas Prices Push Consumer Spending Off a CliffThe Numbers Tell the Story Gas jumped 51% from February to May 2026, hitting $4.49 a gallon nationwide. That's not just expensive. That's a shock to the system....May 27, 2026
May 26, 2026Global MarketsCore ConceptsWhy Singapore's GDP Growth Tells You More About AI Than War Right NowThe Numbers That Don't Fit the Narrative Singapore's economy just expanded faster than expected in Q1 2026, which is the kind of thing that shouldn't happen whe...May 26, 2026
May 24, 2026Central BanksCore ConceptsWhat the S&P 500's Longest Rally Since 2023 Says About Rate ExpectationsThe Setup The S&P 500 is putting together its longest weekly winning streak since 2023, according to Bloomberg, but here's what's actually interesting: two-year...May 24, 2026
May 22, 2026Central BanksCore ConceptsWhat Happens When Manufacturing Hides Weakness in ServicesThe Numbers Tell Two Different Stories The euro zone's composite PMI just dropped to 47.5 in May, down from 48.8 in April. That's the fastest contraction in 2½...May 22, 2026
May 20, 2026Central BanksCore ConceptsWhat Canada's 2.8% Inflation Reading Says About Energy and Core PressuresCanada's inflation hit 2.8% in April 2026, the highest it's been since May 2024, but the headline number hides what's actually happening underneath. Gasoline ju...May 20, 2026
May 19, 2026IndicesMarket StructureWhy Bond Yields Are Spiking Across G7 NationsThe Setup Thirty-year US Treasury yields just hit their highest levels since 2023. Japan's 30-year bond is at highs not seen in its 27-year history. UK yields a...May 19, 2026
May 18, 2026Central BanksCore ConceptsWhy the Fed Can't Cut Rates When Bonds Are Pricing In HikesThe Setup The two-year Treasury yield is trading almost 50 basis points above the Fed funds rate right now, which is basically the bond market saying "we think...May 18, 2026
May 17, 2026Central BanksCore ConceptsWhy Rising Bond Yields Are Pulling Stocks Lower and What It Means for Market StructureWhat Happened The S&P 500 dropped 1% as US 10-year yields pushed above 4.5%, and tech stocks led the decline. Bloomberg reported the move as inflation concerns...May 17, 2026
May 15, 2026Global MarketsCore ConceptsUK Growth Surges 0.6% But Here's Why It Probably Won't LastThe Setup The UK economy grew 0.6% in Q1 2026, which is the strongest quarterly expansion in a year and triple the previous quarter's pace. That sounds great un...May 15, 2026
May 13, 2026Monetary PolicyCore ConceptsWhy the S&P 500 Hit a Wall Even With Record EarningsThe Disconnect Between Price and Participation The S&P 500 dropped 0.2% Tuesday despite sitting near all-time highs, and here's the thing that should make you u...May 13, 2026
May 12, 2026IndicesMarket StructureWhat Inflation Week Actually Means for Fed Policy and Market StructureThe CPI report drops Tuesday, and Morgan Stanley's calling it "spicier" than usual. That's Wall Street speak for higher inflation numbers, which matters because...May 12, 2026
May 11, 2026Global MarketsCore ConceptsWhen Geopolitical Standoffs Break Market MomentumWhat Happened and Why Markets Reversed US equity futures dropped 0.3% in early Asia trading after Trump rejected Iran's response to his latest nuclear proposal,...May 11, 2026
May 10, 2026IndicesMarket StructureWhat Happens When Gas Prices Jump 50% and Inflation Won't QuitGas prices just shot up over 50% since late February when the US-Iran conflict started, now sitting above $4.50 a gallon on average. Next week's consumer price...May 10, 2026
May 8, 2026Central BanksCore ConceptsWhat the Fed's Statement Fight Tells Us About the Next Rate MoveThree Federal Reserve officials dissented at the April meeting over a single line of text in the post-meeting statement, and now a fourth says she agreed with t...May 8, 2026
May 6, 2026Central BanksCore ConceptsWhy Markets Are Pricing In a Fed Rate Hike for 2026What's Happening Business Insider reported this week that market odds of a Fed rate hike in 2026 have jumped, while expectations for cuts have basically evapora...May 6, 2026
May 1, 2026Global MarketsCore ConceptsWhat Taiwan's 39-Year GDP High Tells Us About the AI TradeThe Numbers That Beat Every Estimate Taiwan's economy just grew 13.7% year-over-year in Q1 2026. That's the fastest expansion since 1987, and it beat every sing...May 1, 2026
Apr 30, 2026Central BanksCore ConceptsWhen the Fed Splits Three Ways (And What Happens to Markets Next)The Fed held rates again on Wednesday, keeping the federal funds rate at 3.5%-3.75%. That's three meetings in a row with no change. But the real story isn't the...Apr 30, 2026
Apr 28, 2026Monetary PolicyCore ConceptsWhy Record Highs Don't Tell the Whole Story After the Iran WarWhat's Actually Changed Stocks hit new all-time highs last week, which sounds great until you look at what's shifted underneath. Business Insider ran a piece qu...Apr 28, 2026
Apr 27, 2026Central BanksCore ConceptsWhen Central Banks All Meet the Same Week (And What It Means for Bonds)Every G7 Central Bank Convenes All seven major central banks are meeting this week. Fed, ECB, Bank of Japan, Bank of England, Bank of Canada. That's not somethi...Apr 27, 2026
Apr 26, 2026Central BanksCore ConceptsWhat Happens When Every Major Central Bank Holds Rates at OnceThe Fed, ECB, Bank of England, Bank of Japan, and Bank of Canada are all expected to hold rates steady this week. That's not a coincidence. It's a coordinated w...Apr 26, 2026
Apr 24, 2026Central BanksCore ConceptsWhy the Euro Zone Just Slipped Into Contraction (And What It Means for Rates)What Actually Happened The euro zone's private sector shrank in April for the first time since late 2024, and it wasn't close. The Composite PMI dropped to 48.6...Apr 24, 2026
Apr 23, 2026Global MarketsMacro AnalysisWhy China's 25-29 Employment Drop Matters for Global MarketsWhat's Happening China's unemployment rate for 25- to 29-year-olds hit 7.7% in March, up from 7.2% a year ago. That's the highest since the National Bureau of S...Apr 23, 2026
Apr 22, 2026Macro AnalysisFundamental AnalysisWhat March Retail Sales Tell Us About Consumer Spending Right NowUS retail sales jumped 1.7% in March, the biggest monthly increase in a year. Gas station receipts drove the headline number after pump prices spiked during the...Apr 22, 2026
Apr 21, 2026Central BanksCore ConceptsHow Energy Shocks Move Inflation (And What Canada's March CPI Says)The Setup Canada's headline inflation jumped to 2.4% in March, up from 1.8% in February. Gasoline prices spiked 21.2% in a single month, the largest monthly inc...Apr 21, 2026
Apr 20, 2026IndicesMarket StructureWhat Happens When Treasury Bonds Lose Their Safety PremiumThe Setup U.S. Treasury bonds are losing the thing that made them special. For decades, Treasuries commanded what's called a "safety premium"—investors accepted...Apr 20, 2026
Apr 19, 2026IndicesMarket StructureWhat Stagflation Actually Means and Why It's Back on the TableSeven weeks into the Iran conflict and the global economy is dealing with something economists haven't seriously worried about since the 1970s: stagflation. Tha...Apr 19, 2026
Apr 17, 2026Global MarketsCore ConceptsChina's Q1 Growth Beat Forecasts But the Consumer Side Is Still StuckChina's economy grew 5% year-over-year in Q1 2026, which is faster than expected and the strongest pace in three quarters. That sounds good until you look at wh...Apr 17, 2026
Apr 16, 2026Central BanksCore ConceptsWhat Happens When Bank Deposits Start Losing to EquitiesThe Setup India's central bank just held meetings with commercial banks about deposit growth, which is the kind of thing that happens when there's a structural...Apr 16, 2026
Apr 15, 2026Macro AnalysisCore ConceptsWhat Producer Prices Tell Us About Inflation When Energy SpikesUS wholesale prices jumped 0.5% in March, but strip out energy and the number drops to 0.1%. That's the story in a nutshell. Gas prices went up 16% because of t...Apr 15, 2026
Apr 10, 2026Monetary PolicyCore ConceptsWhy Inflation Is About to Spike Again (and What Iran's War Has to Do With It)The Setup The April CPI report is expected to show inflation rising again, driven primarily by energy costs that spiked during the Iran conflict. Business Insid...Apr 10, 2026
Feb 26, 2026Macro AnalysisPolicy BasicsCongress Might Finally Have to Stop Trading StocksTwo announcements from Trump's State of the Union on February 24th are worth watching if you trade equities. One goes after congressional stock trading, and the...Feb 26, 2026
Feb 13, 2026Global MarketsMonetary PolicyJapan's Defense Boom Just Created a Decade Long Trade SetupSanae Takaichi just won a supermajority in Japan's snap election and the market didn't waste any time figuring out what that means. The Nikkei crossed 57,000 fo...Feb 13, 2026
Feb 6, 2026Global MarketsMacro AnalysisWhat Gold's 11% Drop Tells Us About Momentum Trades Breaking DownGold dropped 11% in a single day. Silver fell 31%. Bitcoin's down to levels we haven't seen since April. And South Korea's tech-heavy Kospi had its worst day in...Feb 6, 2026
Jan 22, 2026Monetary PolicyMacro AnalysisWhat Chief Economists Are Worried About Right NowThe World Economic Forum just dropped its latest Chief Economist's Outlook, and Christian Keller from Barclays broke it down on Radio Davos. The tldr is that no...Jan 22, 2026
Jan 13, 2026Global MarketsMacro AnalysisThe Three Orders Reshaping Global Power (And Why Traders Should Care)The world doesn't have one power structure anymore. It has three, and they're pulling in different directions.,For most of modern history, answering "who runs t...Jan 13, 2026
Dec 2, 2025IndicesMarket StructureBuilding a High-Probability ETF Portfolio for TradersIf you're trading individual stocks but haven't explored Exchange Traded Funds (ETFs), you're missing a powerful tool for both position trading and portfolio di...Dec 2, 2025
Nov 19, 2025IndicesMarket StructureThe Great Hidden TheftHow the Federal Reserve Made You 30% Poorer While the Asset Owners Got Filthy Rich Back in early 2020, before everything went sideways with COVID, the typical A...Nov 19, 2025
Nov 18, 2025IndicesMarket StructureHow Unelected Power Came to Rule Modern MoneyEvery government insists it serves the people. Every politician promises stability, prosperity, and growth. But behind the speeches and campaign slogans sits an...Nov 18, 2025
Nov 14, 2025IndicesMarket StructureThe Four Architects of the Global Debt TrapEvery country on Earth is in debt. The United States owes about $38 trillion. Japan owes around $9 trillion. Add up governments, companies, and households, and...Nov 14, 2025
