macro
The Day Both Shoes Dropped · Evening Edition
The Fed just watched 92,000 jobs vanish while oil hit $92—and now your mortgage rate, grocery bill, and job security are all hostages to their next move.
Personal Stakes
We write Personal Stakes because the media tells you what happened without explaining why it matters to you. We break down rates, inflation, policy and global events back to first principles. If you leave sharper than you came, the issue did its job.
macro
The Worst Possible Morning · Morning Edition
The Fed's worst fear just got real: job losses are piling up while gas and heating costs spike, squeezing your paycheck from both sides.
macro
Iran War Is Now a Market Variable · Morning Edition
Your gas bill and 401(k) are about to feel the Iran situation. Energy's spiking, defense stocks are rallying, and the Fed just got a reason to keep rates higher for longer.
macro
The Iran Conflict Paradox: Why Stocks Rally When Oil Flows Stop · Evening Edition
Markets are betting Iran tensions stay contained, but your gas prices and portfolio are hedging different outcomes. If that bet breaks, you'll feel it at the pump before the stock market does.