Postcards: A Clockwork... Foreclosure
Something quite wild happened yesterday in the soda aisle of Publix. And why things in the housing market are about to get a lot more dangerous.
Market Update: Overtime for Northwestern… Go Cats!
The VIX is back under 13. As I said this morning, it feels like we’re witnessing the abandonment of inflation targets. We discussed this possibility in August 2023, but it took October’s crisis and a realization of supply-side problems to admit it finally.
Meanwhile, price action in China signals that the Yuan devaluation I proposed in February is starting to form. The U.S. benefits.
Keep reading with a 7-day free trial
Subscribe to Me and the Money Printer to keep reading this post and get 7 days of free access to the full post archives.