Teethy Fish and Vernon Jones
Three tales of sharp teeth and long fights—but first, a history lesson from Vernon Jones
Kevin Warsh’s Elephant
There’s an elephant in the room; it’s influencing inflation, the Fed balance sheet, federal fiscal policy, and the Fed’s monetary policy discussions.
The Inflation Problem: Sorry, Mr. President.
With a target of 2% inflation, this morning’s PCE report weighs heavily, adding more dimension to the inflation problem evolving in the United States. “Six months ago, President Donald Trump could have reasonably assumed that whoever he picked to lead the Federal Reserve would be able to make a case for lowering interest rates in […]
A Dangerous Narcissist?
Please consider the evidence with an open mind and draw your own conclusion.
The Correlation: President Trump’s Second Term Approval and DJT Stock Performance
We examine the stock price for the Trump Media & Technology Group (DJT) versus the approval metrics for President Trump’s handling of inflation and the economy.
Bill Nelson – Guest Commentary on a “Minsky Moment”
In plain language Bill Nelson offers a primer on Fed policy and the Fed’s floor system, its balance sheet size, and his view of a perpetual “Minsky Moment.”
Ebola
The 2026 Ebola outbreak in the Democratic Republic of the Congo and Uganda is a reminder that infectious disease threats do not stay neatly inside national borders.
Getting Screwed by the Screwworm Quick Take Jun 09, 2026
We eradicated the screwworm scourge a half century ago. Thanks to the new policy led by the co-author of Project 2025, the screwworms have returned and will cost Texas and all of American ranchers billions while threatening citizens with a fatal infection that they don’t know about and are not prepared for.
Middle East Peace: Fantasy or Possibility? Part 2
In this Part 2 of this series, we examine the period leading up to the founding of the State of Israel.
Middle East Peace: Fantasy or Possibility? Part 1
If President Donald Trump can bring about a durable peace in the Middle East, he will have accomplished a remarkable feat (miracle?). IMO, it will take rendering Iran’s IRGC impotent to achieve that outcome.