TAG

Inflation

A broad rise in prices — the same money buys less — and therefore the thing a central bank leans on rates to contain.

What it isA broad rise in prices — the same money buys less — and therefore the thing a central bank leans on rates to contain.Why an investor watches itHigh inflation keeps rates high, and high rates compress growth multiples. It looks unrelated to the AI story until you notice both end up in the same place.

25bp Wasn't the Scary Part. Time Is - How September's FOMC Rewrote the Rate Path

The Fed raised rates for the first time in three years, but the bigger story for investors is how long elevated rates could stay in place, possibly through 2027.

MacroSeptember 17, 2026

AI Is Supposed to Cut Costs. So Why Is It Pushing Prices Up?

Building the infrastructure behind AI means buying power, copper and data centers first, and that demand is already showing up in inflation data.

TechSeptember 13

Oil at $110, 10-Year Yield at 5%: The Discount Rate on Growth Stocks Is Rising Again

Brent crude spiked to $109.97 intraday and the US 10-year Treasury yield tested the 5% threshold. What matters is not the numbers themselves but that oil-driven inflation fears are pushing bond yields higher across the globe at once.

MacroSeptember 11

AI Raises Prices While It Is Being Built, and Lowers Them Only Once It Is Used

The buildout is pulling in chips, power, land and construction labor all at once, and that pushes prices up. The disinflation shows up later, if the tools actually change how work gets done.