Thoughtful Money with Adam Taggart · Thursday, July 2, 2026
Darius Dale explains his 'run it hot' theme, introduced in April 2026, which predicted a nominally hot economy driven by monetary easing, fiscal stimulus, and deregulation. He states that the economy is currently experiencing this, contributing to inflation.
“Run it hot. Exactly. That's the run it hot theme. I think you for bringing that up. Uh, the run it hot theme. We introduced that theme back in April of last year, uh, with the expectation that the combination of monetary easing, pro-cyclical fiscal stimulus, and, uh, a nationwide deregulatory push would ultimately create the condition for a nominally hot economy here in 2026 and 2027.”
“So we are now in 2027, halfway down with the year, uh, and we are living in an annually hot economy. And so, if from my perspective, a lot of those drivers from a policy and monetary inflation side of things, and also with respect to how tight the labor market is, and is continuing to get. Those things are still there. They're true and they have not gone anywhere.”