The Daily Friend dailyfriend.co.za October 18, 2026 On the surface all is good. Growth is solid, the dollar strong. The economy is running at full employment, having matched a 1960s record with the jobless rate below 5% for 61 consecutive months. Despite a 40% rise in fuel prices from the Iran war, the stock market has been at record highs. So, what could possibly go wrong? The answer … Continue reading Fragility in US Financial Markets?
US interest rates have climbed to a 24-year high. Barry has an answer in this 50-second video. Continue reading Higher Rates, Financial Risk?
June 2, 2026 Peter in the UK, Mark Michelson and Shark Xia is Hong Kong, and Barry in DC discuss the Federal Reserve, the Chinese economy, AI and Donald Trump in this 45-minute podcast. Listen. Continue reading Peter Lewis’ Money Talk
DailyFriend.co.za. April 26, 2026 In the novel The Sun Also Rises, Ernest Hemingway’s character Mike Campbell is asked how he went bankrupt. He famously replies, “Two ways, slowly and then suddenly.” The United States today is in the “slowly” phase. Savvy economist and interest rate guru Jim Grant agrees that “The U.S. government is going broke but is not now broke.” In every year for two decades … Continue reading The USA Is Going Broke
March 17, 2026 Host Peter Lewis, Barry in Washington and Mark Michelson and Will Denyer in Hong Kong discuss the closure of the Strait of Hormuz, shipping, Donald Trump’s plan to postpone his visit to China, and the central banks, particularly the Federal Reserve, which is likely to hold interest rates steady amid rising inflationary pressure from much higher oil prices. Listen on YouTube Continue reading Peter Lewis Money Talk podcast
