This morning on Peoplenomics, we’re looking beyond next week’s Fed meeting and asking a much bigger question: What should you buy today that the world may have trouble making cheaply ten years from now? Productive land, gold and silver, machinery, repair parts and durable goods all make the list — but not simply because their prices might rise. The better question is what owning them will still allow you to do when money is cheaper and purchased labor is more expensive.
That leads us to something conventional financial planning mostly ignores: the Capability Portfolio. A tractor multiplies muscle. A lathe manufactures precision. Spare parts extend the life of capital equipment. Land turns sunlight and water into chow. AI multiplies cognition. And practical competence connects the whole works. Sure, financial assets still matter, but there’s another dimension of wealth in how many essential functions a household can perform without paying someone else or asking an institution for permission. Or a loan.
Then we fire up the Over-the-Horizon software for an updated look at what may be coming toward us: the post-Fed late-September window, Russia’s election and what follows it, the Gulf energy/shipping problem stretching into 2027, and a potentially historic El Niño whose economic consequences could reach from food and freight to power and inflation. It’s a big Saturday edition.
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