I recently recorded a podcast with Richard Hanania and wrote a post on my Great Depression book to introduce new readers to my views. I’ve authored three books on monetary economics including The Midas Paradox with more to discuss ahead.

Fed week reinforced the core trading lesson: stops are not failures but protection. Accepting risk means honoring exits waiting after losses and staying sidelined when conditions are poor until the market offers clear opportunity again

Since I opened my position in August 2019, the stock has delivered a total return of 84%.

Change in implied benchmark revision since January 2025 and more.

Here are my expectations for upcoming economic data releases, including November jobs report.

If global interest rates are poised to rise, it will be difficult for U.S. rates not to follow, regardless of whether the Federal Reserve cuts.