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Wealth 101
September 24, 2025
Stocks, Rates, and the Fed’s Math Games
What Powell means when he says rates are “moderately restrictive.”
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September 23, 2025
Declining Payrolls: The Canary in the Coal Mine
Soft survey data and hard payroll numbers tell the same story–trouble for jobs.
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September 22, 2025
Déjà Vu: The 1990s Dotcom Run vs. Today’s AI Boom
History shows markets can stay “too expensive” for years before breaking. Are we there now?
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September 19, 2025
Forward PE's at 22x—Just Math or Justified?
Rate cuts gave stocks their sugar rush, but can EPS growth keep the rally alive?
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September 18, 2025
Miran’s Dot And The Dovish Mirage
The median dot looks dovish—until you see the dispersion. Here’s the truth.
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September 17, 2025
Buy The Rumor. Meet The Fed.
Markets want 25 bps. Tariffs and jobs complicate it. Here’s how today’s dots could drive the tape.
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