The 30-year Treasury yield crossed 5% this week. That number moves through the entire financial system.
May 22, 2026
•
4 min read
It's no longer hypothetical. Kevin Warsh is the 17th Chair of the Federal Reserve — and the regime change he promised is already underway.
May 21, 2026
5 min read
AI capital spending just hit record levels. Productivity growth just hit its slowest pace in over a year. That tension is worth understanding.
May 20, 2026
War, inflation, high rates, a frozen labor market. And yet corporate profit margins just hit an all-time record. Here's what's actually happening.
May 19, 2026
April payrolls came in well above forecast. But the same report that looks strong is also sending some quieter signals worth understanding.
May 18, 2026
Over $20 billion in withdrawal requests. Funds capping redemptions. Here's what's going on and why it matters.
May 15, 2026
3 min read
Hiring is happening. Layoffs are low. And yet something feels off. Here's what's going on.
May 14, 2026
A war, an energy shock, a divided Fed, and a 10% monthly gain. Here's how that actually makes sense.
May 13, 2026
The rate decision was straightforward. Almost everything else wasn't.
May 12, 2026
The headline number ticked up. But underneath it, something more interesting is happening.
May 11, 2026
And why gold still has upside.
May 7, 2026
6 min read
The IMF just downgraded global growth to 3.1%. Here's why that number matters less than what's behind it.
May 6, 2026