Here’s my two cents in two minutes, following Kevin Warsh’s nomination as Powell’s successor. Let’s talk about Tillis, Thune, and whether this nomination will move forward anytime soon. And let’s talk about ending attacks on the independence of the Fed.
Slowing growth and higher prices equal “stagflation,” the worst of all possible economic worlds for policymakers (the Fed) and for those persons in the bottom leg of the K.
Climate change mitigation in America was officially reversed on February 12, 2026. The Trump-Vought-Zeldin policy is officially announced. There are known & unknown consequences. One of them could be a killer.
No one can forecast the outcome in the short term. Guess? Yes. Multiple scenarios? Yes. Forecast with confidence? No! But there is history for guidance.
In this update, we survey the implications of RFK Jr.’s leadership in US public health.
David would love to hear from you. Please Feel free to reach out and send an email.