Eleanor Roosevelt Redux

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Margin Squeeze on Labor Pops Up in Richmond and Dallas

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Ode to Rob Base

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Slower Industrial Activity and Demand-Side Disinflation Offsetting Geopolitical Supply-Side Inflation

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Packing the Packard

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Deflationary Mindset Trumps Any Whiff of Inflation Psychology

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Saturday Intelligence Briefing — 5.23.26

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It’s Not Easy Swimming Upstream

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Upstream Chemical Vulnerability Spells Higher Recession Risk for Germany

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The Weekly Quill — Polygamous Pledging in Private Credit — Revisiting a Credit Event-uality

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