Pips for Breakfast
The moves, the mayhem, and the lessons that still matter.
Pips for Breakfast: May 18, 2026
China’s retail sales grew by 0.2 percent, which is the economic equivalent of finding a nickel on the sidewalk and calling it a raise.
Pips for Breakfast: May 14, 2026
The British economy found some spare change in the sofa cushions just as Trump and Xi began their high-stakes staring contest in Beijing.
Pips for Breakfast: May 13, 2026
Yesterday's CPI print suggests inflation isn't just sticky, it's emotionally attached to the US economy.
Pips for Breakfast: May 12, 2026
Alphabet is spending $190 billion on AI while the US inflation forecast is looking stickier than a movie theater floor.
Pips for Breakfast: May 11, 2026
China is exporting goods like there's no tomorrow, mostly because the market is starting to worry there might not be one.
Pips for Breakfast: May 10, 2026
The US and Iran are talking again, which usually lasts about as long as a retail trader's first funded account.
Pips for Breakfast: May 8, 2026
NFP day is here, the monthly ritual where we pretend a single number accurately captures the labor habits of 330 million people.
Pips for Breakfast: May 7, 2026
The President saw the jobs report early and gave it a thumbs up, which is a great way to ensure the market prices in a beat before the data actually exists.
Pips for Breakfast: May 6, 2026
Sixteen years ago, the Dow decided to see how it felt to lose 1,000 points in minutes.
Pips for Breakfast: May 5, 2026
The RBA is about to hike rates into an empty room, which is one way to ensure nobody hears the borrowers screaming.
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