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Waiting on Appointments

2026-08-28 · David H. Friedel Jr. · 4 min read

The Treasury Market May Not Be Breaking... It May Be Searching for a New Price

2026-09-24 · David H. Friedel Jr. · 13 min read

The Marginal Buyer Is a Carry Trade

2026-09-07 · David H. Friedel Jr. · 9 min read

The Receipt

They sold you a war about centrifuges. It was a wealth transfer that drained the arsenal, exposed a decade of strategic neglect, and tied the rebuild to China and you paid for all of it at the pump.

2026-06-16 · David H. Friedel Jr. · 12 min read

Financial Repression in Plain Sight

The architecture isn't hidden. It's permitted because every possible objector either benefits, can't coordinate, doesn't understand it, or prefers it to the alternative.

2026-05-19 · David H. Friedel Jr. · 10 min read

The Wealth Gate Just Became a Risk Gate

Why removing the Pattern Day Trader minimum is a Glass-Steagall moment for retail markets... marketed as freedom, structured as throughput, and arriving at the exact moment AI rewrites the asymmetry

2026-04-15 · David H. Friedel Jr. · 5 min read

The Supreme Court, Tariffs, and the Era of Osmotic Fiscal Cleanup

How pandemic-era liquidity was absorbed through tariffs, inflation, and time; with or without the Court’s blessing.

2025-11-06 · David H. Friedel Jr. · 4 min read
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