TIPS Yields at 3% Are Awesome! But Fundamental Principles Don’t Change

Published on September 28, 2026

A possible counterargument might be that the division of future spending goals into “inflexible” needs, for which TIPS are an excellent tool, and “flexible” wants that are best covered by other tools — a division the authors and I both employ — is in fact an oversimplification of what is really a spectrum of flexibility.

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The Dollar Is Older Than Shakespeare

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Brendan Greeley’s “The Almighty Dollar” is unlike any other book on the U.S. dollar ever written. Greeley starts his story of the dollar in 1518; the United States would not exist for another 258 years. Halfway through the book, he’s up to 1781.

Nvidia Boosts Share Buyback by a Record $150 Billion

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Nvidia Corp., the chip developer at the heart of the artificial intelligence boom, increased the size of its share buyback plan by a record $150 billion, reflecting Chief Executive Officer Jensen Huang’s confidence in its continued growth.