Craig Shapiro

Federal Reserve Governor Michael Barr warned about a long and drawn-out battle against inflation, hinting that investors seeking rate cuts may have to wait a while longer. Tariffs Driving Inflation Again Speaking at the Economic Club of Minnesota Luncheon on Thursday, Barr said that it might take...

The Bank of England has warned that the loss of confidence in the U.S. Federal Reserve's independence or a reversal in AI-driven market optimism could trigger a global selloff. The Risk Of Sharp Market Correction ‘Has Increased’ In its Financial Policy Committee Record published Oct. 8...

Craig Shapiro, a macro strategist at The Bear Traps Report, says that President Donald Trump’s approach to inflation management is not that unlike “running a protection racket,” one that is built on coercion and intimidation, rather than the use of monetary tools. What Happened...

Macro strategist Craig Shapiro delivered a scathing critique of Fed Chair Jerome Powell’s performance over the years, pushing back against the growing narrative that casts his tenure in a positive light. What Happened: On Sunday, in a post on X, Shapiro argued that the Federal Reserve under...

As the U.S. faces a critical vulnerability in its supply chain concerning rare earth supply, economist Craig Shapiro asserts that this situation is fixable, and at a surprisingly manageable cost. What Happened: Rare earth magnets are vital for everything from electric vehicles and AI to...

On Monday, U.S. Treasury Secretary Scott Bessent responded to a question on whether he was willing to replace Jerome Powell as Federal Reserve chair. What Happened: “I will do what the President wants,” Bessent said in an interview with Bloomberg TV on Monday, when asked about the...

Leading macro strategist, Craig Shapiro, is warning that President Donald Trump’s proposal to lean more in favor of short-term Treasury bills could have major ramifications for the U.S. Dollar. What Happened: On Sunday, in a post on X, Shapiro warned against Trump’s intention to avoid...

Economist Craig Shapiro has been calling for a national housing policy overhaul, as he believes the housing market is “rigged,” amid New York City mayoral candidate Zohran Mamdani‘s ambitious housing reform agenda. What Happened: In a detailed Substack essay and an X thread, the...

Retail spending on non-essential goods in the U.S. has slumped by 4% in early 2025, a stark reminder of the 2008 financial crisis, according to economist Craig Shapiro. What Happened: The macro strategist at Bear Traps Report, Shapiro, links this downturn to growing consumer panic over artificial...

A widely watched labor market sentiment indicator has dropped to its lowest level since early 2017, excluding the pandemic spike, signaling potential trouble ahead for the U.S. job market. What Happened: On Wednesday, The Kobeissi Letter shared the results of the recent Conference Board's Consumer...

As artificial intelligence (AI) accelerates job displacement, economist Craig Shapiro warns that the Federal Reserve's traditional tool of interest rate cuts is ill-equipped to address the looming labor crisis. What Happened: In an X post and a detailed Substack essay published today, Shapiro...

The Federal Reserve bumped its median forecast for core inflation, which has left analysts divided as some believe that the central bank is overplaying the inflation story, while others say the impact of inflation cannot be overstated. What Happened: Despite acknowledging that inflation data was...

Senior economist Mohamed El-Erian anticipated a rocky road ahead for the Federal Reserve to formulate the monetary policy, as the “uncertainties” surrounding the federal policies and geopolitical scenario “cloud” the Fed’s policy radar. What Happened: Despite the...

According to Economist Justin Wolfers, the tax, tariff, and budget policies of the Trump administration are creating one of the most lopsided transfers of wealth in U.S. history. What Happened: On Thursday, in a post on X, Wolfers, a prominent critic of President Donald Trump, highlighted the...

Economist Peter Schiff is criticizing the Trump administration’s latest proposal for the federal government to give newborns in the U.S. $1,000 to invest in the stock market. What Happened: On Monday, Schiff called out the proposal on X, arguing that it is “unconstitutional” and...