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Diesel Export Ban Debate Heats Up as Pump Prices Hit Record $6.53
The diesel export ban debate has moved from the opinion pages to the Oval Office doorstep, with President Trump telling reporters a decision is coming ‘fast, one way or the other’,…
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Cato Poll: Tariffs Midterm Vote Impact Looms Over Republican Prospects
The consensus read on trade politics holds that tariff scepticism is a Democratic talking point. A new Cato Institute/Morning Consult survey of 4,150 registered voters suggests the tariffs…
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Ecommerce and Bars Drive the US Retail Sales August Surge, but the Mix Tells a Subtler Story
The consensus read on the US retail sales August surge is straightforward: Americans are spending freely and the consumer is fine. The Census Bureau data does support a strong headline number.…
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10-Year Treasury Yield 5% Tests Whether 2023’s Demand Flood Returns
The consensus reading of the 10-year Treasury yield at 5% treats this level as a crisis signal. The longer history of that number suggests it is anything but, and the more uncomfortable…
