Playback speed×Share postShare post at current timeShare from 0:000:00/0:00Paid episodeThe full episode is only available to paid subscribers of Ironsides Macroeconomics 'It's Never Different This Time'Subscribe to watchPutting Down the Regional RevoltThe Fed leadership strikes back, weak consumption, labor and price data, the effect of a steeper curve, DT beginsBarry C. KnappDec 01, 2025∙ PaidShareThis is a video summary of our November 29 note, Putting Down the Regional RevoltFigure 4: The ISM surveys do not include prices received, only prices paid. Prices received have been falling since the Trump Tariff Shock. Tariffs are an adverse aggregate demand shock.Barry C. KnappManaging PartnerDirector of ResearchIronsides Macroeconomics LLC908-821-75…This post is for paid subscribersSubscribeAlready a paid subscriber? Sign inIronsides Macroeconomics 'It's Never Different This Time'Macroeconomic and public policy strategyMacroeconomic and public policy strategySubscribeListen onSubstack AppSpotifyRSS FeedAppears in episodeBarry C. KnappRecent EpisodesCounterproductive QEFeb 9 • Barry C. KnappMeet the New BossFeb 2 • Barry C. KnappToward a New World OrderJan 26 • Barry C. KnappThe Dog That Didn't BiteJan 20 • Barry C. KnappBroadening BoomJan 12 • Barry C. KnappMerry New YearJan 5 • Barry C. KnappFinancial StatismDec 22, 2025 • Barry C. KnappQE RestartsDec 15, 2025 • Barry C. Knapp