"Wherever inflation is, lack of competition is probably to blame." Thankyou, but the use of the word probably does not convey any confidence in that conclusion. I query whether you read, and if you did read whether you understood, what I meant by ...

US Inflation likely to hit a three-year high in May

Your assertion is actually pretty difficult to disentangle empirically. There is a recent study by Conlan which may be of assistance, and also some analysis by the New York Fed. Makes for really interesting reading. Not. Neither is comfortably ...

US Inflation likely to hit a three-year high in May

Can you imagine Trump diligently studying and writing essays and sitting all those 2 or 3 hour exams? Something isn't quite right.

Trump: I will leave rate cut to Warsh during October meeting

It is prudent to be careful about these truncated quotes which are optimised for speed and knowing that the audience is excitable traders with no respect for nuance. It's always worth assuming there's additional context, knowing how much Trump can ...

Trump: I will leave rate cut to Warsh during October meeting

It tells me a number of price levels. That is anything, I suppose. To be fair, that is an encouraging start, and perhaps educational about the bigger picture when confronted with the madness of crowds which may lose sight of the woods for the trees.

The gold chart looks precarious. Here’s how to profit

PM Carney is correct, of course. "Prime Minister Mark Carney argues growth will be uneven as the government tries to pivot the economy away from reliance on the United States." Together with most other countries in the world seeking trading partners ...

Too soon to declare a recession, says Canada's unofficial authority on calling them

I suspect that's an in-joke. Very good.

The US Employment Situation -- May 2026

Your wall? Is it painted with lead paint and draped with photos of Trump? Yuk, no thanks.

President Trump Makes an Announcement on Beautiful, Clean Coal

That's a nice non sequitur.

Trump: We don't need Europe's help in the Hormuz Strait

Just a moment. A Taylor Swift moment.

Trump: We don't need Europe's help in the Hormuz Strait

Growing up thinking that Taylor Swift is a talented singer does that.

The US Employment Situation -- May 2026

Conventional methods of calculating volatility (there are a few) estimate that the daily volatility of USDJPY is actually very low. "reserves the right to take "decisive action" against excessive volatility"

Japan warns of 'decisive action' to defend yen as FX reserves tumble

This is progress, MAGA style.

President Trump Makes an Announcement on Beautiful, Clean Coal

"Final Negotiations" has similarities to another euphemistic term.

Trump says US in ‘Final Negotiations’ to end Iran war, Criticizes house vote on war powers

There are a few others.

Putin: Russia and China will soon make global energy market happy with our new agreements

You must mean all those tariffs that Canada has to pay to its smarter and superior neighbour to Make America Great Again. The world thanks Trump for making the world pay America many billions of dollars for being just so naturally good at everything.

Trump: We don't need Europe's help in the Hormuz Strait

While on many levels Mr Stubb is a leader who has many admirable qualities, perhaps he didn't get the memo that Canada, under the management of its Prime Minister Mr Carney, is making some excellent progress on international policy all on its own ...

Finland's president says EU should expand to 40 states — including Canada

He fails to mention that the outcome of inflation, even if it ceases completely, is permanent. But fear not, everyone should overcome permanent hard times - perhaps with a little bit of extra medication.

Bessent predicts inflation will be a 'temporary issue'

Perhaps, but their doing so will have nothing to do with them all living in opulence.

Latest Fed Beige Book Underscores "K-Shaped" Split Of US Economy

This is written from the pen of a disciple of the Austrian School of thought. Beware of this or anything associated with the thoughts of Rothbard or Mises purporting to have any merit as explaining economic theory or reality. Better known as ...

Warsh’s Concerning Interest In Redefining “Inflation”