The U.S., Canada and Mexico are jointly hosting the 2026 FIFA World Cup, but IMF data shows a wide gap in GDP per capita across the three economies.
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Kevin Warsh’s first Fed meeting delivers a hawkish surprise
Updated from my previous post on “The inflation metrics that could give Warsh room to cut rates” If you’ve followed Kevin Warsh long enough then his views on inflation should not surprise you. His first interest-rate decision as Fed chair has a clear message: rate cuts are no longer the central bank’s base case. The…
SpaceX vs. the Biggest IPOs in History: A Visual Comparison
SpaceX’s planned $75 billion IPO would overshadow all IPOs in history, dwarfing Saudi Aramco, Alibaba, Meta and even the most valued company, Nvidia.
The inflation metrics that could give Warsh room to cut rates
Kevin Warsh’s preferred inflation measures run well below the core PCE. A shift to a new and alternative inflation measure means strengthening the case for earlier interest rate cuts.