The ultimate irony? This scenario could render Kevin Warsh’s internal debate about balance sheet reduction entirely academic. Instead of exiting the fiscal space, the central bank would be pulled even deeper into it.

Civility, and even humanity, become signs of weakness in these times.

...the Fed is stuck in the familiar holding pattern where “not overheating” and “not yet easing” sit uncomfortably close together.

"While everyone watches the defense story, you need to keep an eye on semiconductors too. There's a gas called tungsten hexafluoride – WF₆." 

AIPAC toxicity spreads from Dem primaries as Israel's popularity crumbles

Musk's expected 2026 outlay would extend a pattern he set in 2024, when he spent at least $288 million helping Donald Trump and other Republicans win office.

Formal education played hardly any role...

US-Canada trade talks collapsed on Friday with 50% tariffs on some Canadian goods taking effect, while Canadian PM Carney vowed to retaliate in the trade war.

As yields rise, is there a point where this debt acts as a ‘brake’ on corporate and household activity, or worse, ‘breaks’ the current market calm?

The BBC issued subpoenas to 47 family members, former officials, political associates, and federal agencies...

What if the biggest risk to the AI trade isn’t valuations, rates or capex — but the midterms?

More than a million foreign nationals that had been living in the US with removal protections are now classified as illegal immigrants...

The world’s most aggressive buyer is suddenly cutting projects, selling assets and asking others to pick up the tab.

“When I stab somebody I’m gonna lick their blood off the blade...I’m low key on the verge...”

"Evidence of illness is not required" to trigger international pandemic reporting, WHO declares

Bessent and Warsh may eventually forge a new Fed-Treasury accord, but they first need to regain the policy high ground or markets will keep adjusting to higher US fiscal and monetary policy uncertainty.

Either the Fed helps Bessent on Treasuries, or this recent intervention will fall flat (and probably do more harm than good, which is often the case when an intervention is attempted but doesn’t succeed).