How weaponized trade and monetary policy are shaping markets.
KEY TAKEAWAYS
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Tariffs have been weaponized faster and larger than markets expected
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Trump is using aggressive public jawboning to push the Fed toward rate cuts
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A vacant Fed seat from hawk Adriana Kugler’s resignation gives Trump an opening
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Stephen Miran’s nomination could shift FOMC voting balance toward cuts
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September’s Fed meeting could be one of the most pivotal in years
MY HOT TAKES
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This isn’t just economics–it’s political chess
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The Fed’s independence is being tested in real time
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Markets may be underestimating the significance of the Miran nomination
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Rate cuts will happen sooner if political maneuvering succeeds
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The balance of power at the Fed is shifting faster than many realize
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You can quote me: “The Fed may claim it’s independent–but the chessboard says otherwise.”