I’m excited to announce the publication of my new book, The Intelligent Age: How Code, Coin, and Culture Are Reshaping the Digital Economy. This isn’t just another tech book, it’s a roadmap for navigating the most profound shift we’ve seen since the Industrial Revolution. The Intelligent Age dives into the rise of AI, quantum computing,…
Read more
Since “Liberation Day” on April 2, there’s been no shortage of debate about whether new tariffs will send inflation soaring. The headlines have been loud, but if you look past the noise, the bond markets have barely flinched. What’s really going on? It comes down to understanding the difference between short-term price shocks and longer-term…
Read more
Economy:The macro backdrop remains fraught. Trade tensions continue, the dollar is weakening, inflation remains stubborn, and political pressure is mounting on the Fed to cut rates. Notably, the July Producer Price Index (PPI) jumped 0.9%, marking the largest monthly increase in three years and signaling persistent price pressures. The labor market is softening too, July…
Read more
As we head into the fall of 2025, all eyes are on the Federal Reserve. Will they finally cut rates? If so, by how much, and when? Here’s the bottom line from the latest numbers: So what do the “seven simple monetary policy rules” (Cleveland Fed) and the Philadelphia Fed’s benchmarking say? Most classic rules…
Read more
President Trump’s 2025 tariffs represent a bold and controversial reassertion of economic nationalism. While these measures have generated significant federal revenue and offered protection to key domestic industries, they’ve also led to higher consumer prices, job losses, and strained global relationships. As the global economy reacts and U.S. households feel the pinch, the long-term implications…
Read more
The tariff headwinds are no longer just a political talking point; they’re a disruptive force businesses can’t afford to ignore. While investors had priced in a broad 10–15% tariff baseline earlier this year, many are now confronting the reality of reciprocal tariffs ranging from 15% to 50%, with key partners like the EU, India, Japan,…
Read more
It’s been a strange year for the U.S. stock market. Despite a wave of new tariffs and persistent warnings about valuation, the S&P 500 keeps breaking records. What’s behind this resilience? The answer, it turns out, is a mix of robust corporate earnings, sector-wide growth, and unshaken faith in the future of artificial intelligence. Corporate…
Read more
June PPI: A Tale of Two EconomiesThe latest Producer Price Index (PPI) report from the Bureau of Labor Statistics shows a clear divergence: while overall prices remained flat in June (0.0% MoM), the details tell a more nuanced story. Goods prices rose +0.3%, while services prices declined –0.1%, a reflection of America’s dual-track inflation story.…
Read more
America stands at a fiscal crossroads. With the national debt soaring past $36 trillion and structural reform stymied by political gridlock, the risk of long-term stagnation is real. But the answer isn’t austerity or fear; it’s strategic, inclusive, and innovation-driven growth. I’m proud to announce the release of my latest book, Escaping the Deficit Trap:…
Read more
Today’s Consumer Price Index report revealed a 2.7% year-over-year increase in June CPI, up from 2.4% in May, with headline CPI rising 0.3% month-over-month and core CPI (excluding food and energy) at 2.9% annually. Key Insights and Implications: 1. Tariff Pass‑Through in Progress – The rollout of 2025 tariffs is now showing up in core…
Read more