US$125 billion per minute… That’s how much Fed Chairman Jerome Powell’s 10-minute speech cost investors on Friday. As he spoke from the annual meeting at Jackson Hole, Wyoming, all major US markets tanked.
For now, everyone has their eyes on Europe’s energy crisis. And we’re all wondering what it means for us. Booming Aussie gas and uranium stocks? Or an energy price shock to the local economy too?
The big news this week is that Japan’s Prime Minister Fumio Kishida said the nation would restart idled nuclear plants and focus on developing next-generation reactors to tackle energy costs that have soared during the Ukraine crisis.
The Fed and other central banks have plans for a central bank digital currency (CBDC). It’s basically fiat currency in a digital blockchain but complete with tracking and controls to ensure you can participate only if you fully submit to them. It’s a digital dog-leash.
The US middle class stores its wealth in its houses. But now termites have gotten into the woodwork. In July, new house sales hit a six-year low. Existing house sales are down 20% from last year. And the median sales price has already dropped 5% since last year.
In just over 12 years, the most populous US state will only sell new cars if they don’t run on petrol. This means the transition towards this goal is likely already underway.
Fat Tail Daily is brought to you by the team at Fat Tail Investment Research
Copyright © 2026 Fat Tail Daily | ACN: 117 765 009 / ABN: 33 117 765 009 / AFSL: 323 988
