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The Producer Price Index (PPI) dropped and it was worse than expected. PPI is the measure of inflation building in the system and economists use it to forecast what consumer inflation will look like three to four months down the road. If these figures are any indication, inflation is about to hit t…

Omnibus (09-12-26).

Max and 99 are back for another episode of Omnibus. They cover headlines on Israel killing a family of 12 in Lebanon including six children, and a new Elon Musk documentary alongside a fall movie season tackling Big Tech and its leaders. Then they tackle listener emails on childcare costs and the d…
The CLARITY Act (Digital Asset Market Clarity Act) failed to pass cloture and won’t be taken up on the Senate floor. This is very, very good news. Despite attempts until the last minute by New York Senator Kirsten Gillibrand—a Democrat who is closely associated with the crypto lobby&mda…

On The Record (09-22-26).

This week we put a proper endcap on the summer’s debt discussions—the $40 trillion number is real, but the conversation around it is almost entirely dishonest, designed to make cuts to grandma’s Medicare seem inevitable while military spending and corporate tax rates never even ma…
Scott Bessent can’t do anything right. He just announced a paltry bond buyback that fell flat with the market responding by pushing rates higher. Bessent also proclaimed that he is “the house” and that people shouldn’t bet against him because he has inside information about …
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