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The Fed's favorite is about to change
June 25th, 2026 - Volume 12 (2026) Missive 79 (Thursday)
Dollar Still Rules A Nation With A Large Service Trade Surplus
June 24th, 2026 - Volume 12 (2026) Missive 78 (Tuesday)
Without the buffer of cheap labor, corporate bond spreads would be much wider
June 19th, 2026 - Volume 12 (2026) Missive 77 (Friday)
Open letter to Chairman Warsh, man of, hopefully, the hours
June 18th, 2026 - Volume 12 (2026) Missive 76 (Thursday)
But the two have never been more intertwined
June 17th, 2026 - Volume 12 (2026) Missive 75 (Wednesday)
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The writers behind this newsletter.
I am constantly curious about economics. I am also an economist, author, public speaker and teacher specializing in financial markets and the future of interest rates. www.surplusproductivity.com
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