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August 21, 2026 in Business
The Smoke Test
The Verdict Washington moved this week to put a lid on its own borrowing costs, and the bond market took it back off inside twenty-four hours. On Wednesday, Treasury Secretary…
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August 14, 2026 in Business
Provenance
The Verdict Excluding the continued uncertainty about the Strait, the bond market didn’t accept good news this week and needs to be watched like a hawk. Soft inflation data usually…
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August 7, 2026 in Business
The Float
The fatLITE is the weekly read. Membership is the position. The Verdict Washington spent this week working to weaken its own currency, and the reason is more to do with…
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