There’s a Secret Third Path to Escaping America’s Debt Trap

Published on September 23, 2026

The US deficit has reached $1.97 trillion and is on track to pass 6% of gross domestic product this fiscal year, the latest milestone in a remarkable deterioration of the federal budget.

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BlackRock, Vanguard Muni ETFs See Record Inflows After Bond Rout

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The two largest municipal bond exchange-traded funds just recorded their largest weekly inflows ever, shortly after a bond rout fueled outflows in other muni funds.

Howard Buffett Is the Right Kind of Nepo Baby

September 23, 2026
Facts are facts, so let’s just state it plainly: Howard Buffett is a nepo baby. And this is one of the rare cases where I think we should be OK with it.