Peter's Blog

UBS: Taylor Swift Could Derail the Global Battle Against Inflation

Just when you thought the headlines couldn’t seem more absurd, Swiss banking giant UBS has issued a warning that in the global battle against inflation, the worst enemy of central banks could be none other than pop star Taylor Swift.

Table for 1: The Solo Service Economy

A last measure of desperation and relational duress in the 1980s is today a common sight. Film and TV from an era even as recent as the early 2000s now seems both frighteningly prophetic and offensive. The species of the solo diner has recently grown in both number and severity, particularly in the last 4 […]

The “Biden Brand” Is Unconstitutional, Alleges House GOP Report

President Joe Biden committed “impeachable offenses” while in office, according to a hot-off-the-press report from the House GOP.

This Firm is Among the Most Shorted Stocks on Wall Street

In 2023, an investment bank called B. Riley Financial was one of the most shorted stocks on all of Wall Street. The firm enjoyed the unique position of being one of the most profitable shorts of 2023. Now more than halfway through 2024, B. Riley remains one of the top short trades on the open […]

License to Kill: How Occupational Licensing Stifles the Economy

Imagine a world where you need government permission to braid hair, paint walls, or even arrange flowers. This isn’t a dystopian novel—it’s the reality for millions of American workers trapped by excessive occupational licensing laws.

Populist “Kamalanomics” Will Make Inflation Even Worse

Unveiling her set of “populist” economic actions for her first 100 days in office, Democratic presidential nominee Kamala Harris has promised a slew of government interventions to ease economic pain for Americans. But, like all economic interventions, they’ll make the problem even worse, cutting out the free market’s natural balancing mechanisms in favor of central […]

CRE Doom Loop: Rate Cuts Can’t Fill Office Buildings

With the expectation of an interest rate cut soon, commercial real estate stocks are up. But while lower interest rates might kick the can down the road, they can’t fill empty office buildings — so they won’t end the post-COVID CRE doom loop that could trigger a banking meltdown.

How the Russia-Ukraine War Could Go Nuclear–By Accident

A nuclear tragedy could be “dangerously close,” according to the UN’s top nuclear watchdog. 

“The Enemy Waits:” Rocket Launch Wounds U.S. Personnel in Iraq

There’s been a “dangerous escalation” in the Middle East conflict, according to U.S. officials, who are left bandaging the wounded after a rocket detonated inside an Iraqi airbase.

Flattening Yield Curve is the Calm Before the Storm

Americans are already struggling to feed their families and pay their bills, but having predicted every US recession since 1960, the flattening bond yield curve is speaking loud and clear that an “official” downturn is nearly inevitable. With bond prices on the rise as the Fed looks increasingly likely to cut rates in September, the […]