We love financial plumbing, debt crises, balance sheets, margin calls, economic puns and snark.
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A guide to the hedge fund strategies fuelling the tariff turmoil
Imports boom
So long, sweet price
News you can use
Bond bombshell
‘The end of an era’
Lutnick; Quartz; measles; dire wolves
A fixed income freakout
Bills and bonds and Treasury basis trades, oh my!
You call that a crash?
Why doubts over the Fed’s dollar swap lines are such a big deal
We check out the data, and find room for improvement
Cory Booker’s Oura data; egg week; Bluesky; the maths of crochet
Journalists really need bulletproof BS meters right now
The plots against America
The fallout from ‘Liquidation Day’
Dalí in Wonderland; complexity; alternative dimensions; lots of tariff content
And what can still be done about it
And it’s almost 50-50 even if they don’t
Eggflation was stalled by Turkey (the country, not the bird)
Et tu, Goldman?
The Fed Chair says he plans to serve out his term
Sharp charts, spitting masters
Liberating retail traders of their money
Garbage in, tariffs out
Tariffs; tariffs; tariffs; tariffs; ETFs; tariffs; tariffs; Tesla; tariffs; tariffs; AI; tariffs; and tariffs
A vibe shift, heralded by a sea of red
That’s Sesotho, and this is a post on that Lesotho tariff
Everyone needs a drink
And cite a different paper it doesn't reference?
Taking another look at the puzzling greenback puke
It ain’t where you’re at, it’s where you’re from
Trade tariffs by Dunning-Kruger
Terms of trade and tariff maths; regressive taxes; dissent; subprime lending; infrastructure planning; underspending; immigration; and monkeys with typewriters
No doubt on doubt
There is some method to the madness — it’s just a nonsensical method
A quick and early look, transcribed from a White House video