The 10-year Treasury yield is back around 5%, mortgage rates are above 7%, and tomorrow’s Fed decision could determine whether bond investors believe Kevin Warsh is serious about inflation.

Mike Armstrong and Marc Fandetti discuss why rising yields are putting pressure on borrowers, bond investors, and the federal government. They break down why higher rates have hurt existing bondholders, why deficits may be adding to market stress, and why Marc says Treasury Secretary Scott Bessent’s “grow our way out of it” argument lacks credibility. They also look ahead to the Fed’s three-part decision day, how diesel prices could complicate the inflation fight, and why cheap used cars have become so hard to find.

Diesel prices are still climbing, Brent crude is nearing $110, and the pressure in refined fuel markets is becoming harder for investors, consumers, and the Fed to ignore.

Chuck Zodda and Mike Armstrong discuss why the latest market selloff remains modest, why diesel prices could move toward $7 a gallon, and how tight refined product markets may feed into food, freight, home heating, and broader inflation. Andy Critchlow of Dow Jones Energy joins the show to explain why diesel is in such short supply, how a U.S. export ban could affect global markets, and why the world is running out of energy buffers. They also cover inflation protection for retirement portfolios, Social Security COLA estimates, Medicare cost concerns, and the growing problem of social media stunts and public recording.

Some of the biggest names in AI are now calling for a slowdown, raising new questions about safety, competition, and the future of the tech trade.

Chuck Zodda and Mike Armstrong discuss why Anthropic, OpenAI, and xAI leaders are suddenly agreeing that AI development may need stronger guardrails, why a slowdown could matter for the broader economy, and how data center spending has become a major driver of markets. They also break down why the 10-year Treasury yield hit 5%, how higher rates could affect mortgages, government borrowing, and risk assets, and why the next Fed meeting could put Kevin Warsh on a collision course with President Trump.

CPI came in close to expectations, but one noisy piece of the report is raising new questions about whether the Fed will actually hike rates next week.

Chuck Zodda and Mike Armstrong discuss why August CPI may not give the Fed a clean answer, how wireless phone services distorted the super core inflation reading, and why diesel prices could make September inflation look very different. They also break down Oracle’s AI spending challenge, why Congress is waking up to AI risks, how bad actors are already misusing AI tools, the future of Social Security and retirement, NIL money flowing into college athletes’ real estate purchases, and Paul LaMonica’s look at a new UC Investments ETF strategy.

Consumer prices came in hot enough to keep a rate hike on the table, while diesel prices crossed $6 a gallon nationwide for the first time ever.

Chuck Zodda and Mike Armstrong discuss why the latest CPI report gives the Fed little cover to stay on hold, why markets are pricing in multiple rate hikes, and what the bond market is saying about growth and inflation expectations. They also break down how years of inflation have changed everyday prices, why diesel prices could climb even further in the coming weeks, and how rising fuel costs may ripple through shipping, home heating oil, and the broader economy.

Stocks are drifting lower, but the bigger pressure is coming from the bond and energy markets as Treasury yields approach 5% and diesel prices move toward record territory.

Chuck Zodda and Mike Armstrong discuss why equities are not the main concern right now, how rising oil prices are moving almost tick for tick with bond yields, and why diesel prices could ripple through nearly every part of the economy. Michael Santoli of CNBC joins the show to explain why stocks are caught between higher rates, higher oil, and strong AI earnings. They also cover whether failed bank resolution rules remain inadequate, the biggest retirement fears facing Americans, why long-term care planning matters, college cost pressures, and new legal questions surrounding AI and Section 230.

Bond yields are climbing, diesel prices are surging, and the Fed is heading into next week’s meeting with fresh inflation pressure building across the economy.

Chuck Zodda and Mike Armstrong discuss why jobless claims still show a stable labor market, why producer prices remain hotter than the Fed would like, and how the latest move in Treasury yields could push mortgage rates back above 7%. They also break down why diesel prices may clear $6 a gallon, how fuel costs could ripple through shipping, construction, groceries, and home heating oil, and why a proposed $5,000 stimulus check could add even more inflation risk. Plus, they examine AI safety concerns and the question of how advanced AI could create real-world dangers.

Brent crude is back above $100, diesel is closing in on $6 a gallon, and bond investors are testing whether Treasury Secretary Scott Bessent and Fed Chair Kevin Warsh can keep yields under control.

Chuck Zodda and Paul Lane discuss why diesel prices could keep rising, how Treasury buybacks and Bessent’s “I am the house” comments are being received by markets, and why next week’s Fed meeting could become a defining credibility moment for Warsh. They also cover growing AI safety concerns after an Anthropic researcher quit over out-of-control fears, why adjustable rate mortgage headlines may be overstated, LIV Golf’s bankruptcy filing, and Apple’s expected foldable iPhone launch.

Brent crude is back above $100, diesel prices are nearing $6 a gallon, and renewed tension between the U.S. and Iran is adding fresh pressure to the inflation outlook.

Chuck Zodda and Paul Lane discuss why energy markets are moving higher, how rising diesel costs could filter through the broader economy, and why fuel prices remain a major concern ahead of next week’s Fed meeting. They also break down how Americans really feel about the economy, why inflation has weighed so heavily on consumer sentiment, and Todd Lutsky’s explanation of how trusts can help manage estate planning, protect beneficiaries, and control how assets are distributed after death.