Families are paying 24% more for home appliances, 7% more for electronics and 6% more for clothes this Black Friday. America’s small businesses are barely surviving. Forget 2007. The US consumer today is facing a worse crisis.

Forget 2007. The US consumer today is facing a worse crisis. It's not Systemic Leverage; it's Household Arithmetic. My new memo breaks down the structural squeeze: why the 2026 economy faces a consumer solvency crisis, not a liquidity crisis. — …

READ MORE

Black Friday kicks off as inflation-burned shoppers scour for deals… American customers are madder than ever… Anti-Trump chart accidentally becomes pro-Trump evidence

Black Friday sales are well underway, with inflation-fatigued consumers looking to snag markdowns on everything from pantry and toiletry staples to jackets, makeup and gaming consoles. Although predawn lines and door busters are largely a thing of the past as …

READ MORE