The distractions are hilarious.

Meamwhile, the 10 yr bond is back over 5% as investors continue to lose confidence in the US.

You know the economy is bad when everything hangs on whether a single company replaces a CEO or not.

My wife answered her phone on her watch tonight when I called. I know because she told me. "Good job, Dick Tracy. You're coming in loud and clear." Based on her response, I don't think she had a clue why I was saying that to her. View quoted note →

My son and wife are on the spectrum. I was prepared for exactly none of it. I can't say that I would have chosen this life, and at times I feel insane, but I am an Xer, and this is a helluvuh lot more interesting than than coming home to an empty house like I did as a kid.

GM. Trump, Bessent and team need the social and geopolitical distractions to do what comes next. There are no political solutions to our debt problem.

How fast the economic teardown happens depends on whether the Dem or GOP candidates win. Regardless, the outcome will be the same.