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MONEY & MARKETS

Only one reading in 74 years has ever come in lower

Oct 26, 2026

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1 min read

Only one reading in 74 years has ever come in lower

The University of Michigan has been asking this question since 1952. This month's answer ranks near the very bottom.

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THE ECONOMY & MAIN STREET

You'd have to go back to April 2012 to find a worse reading

Oct 23, 2026

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2 min read

You'd have to go back to April 2012 to find a worse reading

Back then the market was still digging out from 2008. This time there's no obvious excuse.

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MONEY & MARKETS

The income group that feels the least financial pressure earns $100K to $200K

Oct 22, 2026

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1 min read

The income group that feels the least financial pressure earns $100K to $200K

You can outrun your tax bracket. You apparently cannot outrun your expenses.

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Money & Markets


The buyer that just walked away

Aug 21, 2026

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1 min read

The buyer that just walked away

The level it left tells you everything about this week.

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CPI came in clean. The 30-year didn't care.

Aug 12, 2026

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1 min read

CPI came in clean. The 30-year didn't care.

Inflation matched Wall Street's forecast on the nose. The long bond stayed at 2007 levels anyway.

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Your 401(k) had its best week in four months last Friday

Aug 11, 2026

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1 min read

Your 401(k) had its best week in four months last Friday

The reason it happened is the part that stings a little.

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The Social Security trust fund deadline just moved up one quarter

Jul 13, 2026

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1 min read

The Social Security trust fund deadline just moved up one quarter

Last month the Trustees moved the deadline up yet again. The average retiree loses $458 a month the moment it happens.

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The yield that preceded the last crash

Jul 10, 2026

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1 min read

The yield that preceded the last crash

Same level. Different Fed. Same warning.

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One in eight dollars charged to American credit cards hasn't been paid in three months

Jul 8, 2026

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2 min read

One in eight dollars charged to American credit cards hasn't been paid in three months

The Great Recession peak was 13.7%. The gap between that low point and right now is shrinking fast.

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Cost of Living


The seat didn't change. The price did

May 15, 2026

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1 min read

The seat didn't change. The price did

Tuesday's CPI buried this on page four.

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Government & Power


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The Economy & Main Street


Americans haven’t saved this little in 70 years

May 28, 2026

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1 min read

Americans haven’t saved this little in 70 years

The savings rate hasn’t looked like this since the 2008 run-up.

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A tax not seen since Truman

May 22, 2026

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1 min read

A tax not seen since Truman

Treasury just confirmed it. The math is brutal.

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The reason for the layoffs just changed

May 8, 2026

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1 min read

The reason for the layoffs just changed

Four months of data. One word keeps showing up.

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People & Society


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Property & Rights


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