10-year Treasury note

Weekly Update

A Record High for Diesel

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Published September 11, 2026

 

While almost no one drives diesel-fueled passenger vehicles in the U.S. every person in America is impacted by the rising price of diesel fuel.  Perhaps you have seen the recent news that diesel prices have hit an all-time high, rising to $6 per gallon.  This is extraordinary given that a year ago, diesel was under $4 per gallon. (more…)

Weekly Update

Markets Shrug off Inflation

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Published June 11, 2021

This week’s inflation report generated plenty of alarming headlines. As the chart below shows, inflation hit its highest point since, well, the end of the last economic crisis. Which points to one of the reasons why the alarming headlines are misleading. (more…)