He was impressive. Listening intently to Kevin Warsh’s post-meeting press conference was a reminder of why I admired Fed Governor Warsh (2006 to 2011) and was disappointed to see him leave the institution. The new Chair conveyed complete control over… Read More ›
My question to AI Gemini… are we winning the gulf war? No, the United States is widely seen as failing to achieve its strategic objectives in the current 2026 Gulf conflict, commonly referred to as the “Third Gulf War” or… Read More ›
Monetary disorder evolved to become deeply systemic. It was on full display this week, especially Friday. The mania and the frog in the pot syndrome. Instability has been percolating (fragilities building) for so long that we’re numb to it all. In the markets, it’s more than comfortably – it has become exuberantly, manically numb.