Joshua’s Newsletter

Say it with me again: Operation Condor 2.0

Never bet against someone who has pretended to cry at the Roman retaining wall

Oct 27 • Joshua Erwin

September 2025

Thoughts on the labor market - September 2025

Under immigration reform, we should recalibrate our expectations for job growth

Sep 5 • Joshua Erwin

1

Thoughts on a September Rate Cut

Bad idea

Sep 3 • Joshua Erwin

June 2025

Thoughts on the Iran Attack

Trump truly is a man of his word.

Jun 23 • Joshua Erwin

No I-ranian ever called me "goy"

I had a long post trying to work out the implications of the ongoing situation.

Jun 17 • Joshua Erwin

Putting the L in TLT

Time to reappraise the Fed strategy

Jun 3 • Joshua Erwin

May 2025

Digging into the Q1 2025 GDP Report

The US economy is doing fine

May 2 • Joshua Erwin

1

April 2025

Trump's disastrous attacks on the Fed

Central Bank Independence is important

Apr 21 • Joshua Erwin

The deep strategy behind tariffs

Originally wrote most of this post thinking I had time to dial it in, consider everything.

Apr 9 • Joshua Erwin

Reaction to the early April market crashes

I'm stoked

Apr 4 • Joshua Erwin

March 2025

Risks of a 2025 US Recession

I am not worried

Mar 30 • Joshua Erwin

1

February 2025

Bessent and the war on long rates

What an exciting time to be alive.

Feb 23 • Joshua Erwin