
The Legacy Trap
What's really behind Powell's rate cut hesitation? The answer isn't found in employment statistics or inflation readings.
What's really behind Powell's rate cut hesitation? The answer isn't found in employment statistics or inflation readings.
The American economy isn’t collapsing — it’s evolving. Higher debt, persistent inflation, and structural shifts like tariffs and remote work are creating a new system. But financial markets are still priced for the old one — and that’s where the real risk lies.