DHUnplugged #803: The Thucydides Trap

DHUnplugged #803: The Thucydides Trap

From DHUnplugged Podcast by Horowitz and Dvorak

May 20, 2026 · 55 min · Episode 803

About this episode

The episode discusses transient inflation, financial markets, and features guest Kevin Warsh.

– Happy Memorial Day – A WARM DHU welcome to Kevin Warsh – good luck fella, you are going to need it sir. – The new transient inflation. – Another BOARD? These guys like to make exclusive clubs… PLUS we are now on Spotify and Amazon Music/Podcasts ! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - Happy Memorial Day - A WARM DHU welcome to Kevin Warsh - good luck fella, you are going to need it - The new transient inflation - Another BOARD? These guys like to make exclusive clubs... Markets - Starting to come in a bit..... - Yield curve steepening - potential for a hike over cuts - YIELDS! - Fuels running low - we have the list OH MY... - The 30-year U.S. Treasury yield has surged to around 5.14%, putting it at its highest level since the run-up to the 2008 financial crisis - Bets are pricing in the increasingly possibility of it reaching 5.5% to 6%, which would mark the highest levels since late 1999 - 30-Year mortgage near 6.35% (average) - DOWN…

People in this episode

Hosts: John C. Dvorak, Andrew Horowitz

Guest: Kevin Warsh

Topics covered

  • inflation
  • financial markets
  • U.S. Treasury yields
  • exclusive clubs
  • Memorial Day

Keywords

  • transient inflation
  • yield curve
  • 30-year U.S. Treasury yield
  • exclusive clubs
  • Memorial Day

Mentioned in this episode

Organizations: Spotify, Amazon Music, U.S. Treasury

More episodes of DHUnplugged Podcast

Explore listener stats, chart rankings, contacts and more on the DHUnplugged Podcast podcast page.