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Marginal Revolutionanalysis

Callum Williams on cybersecurity prices

Marginal Revolution
Tuesday, September 15, 2026 at 6:40 PM
~4 min read
InflationEquities

Original Report

Share prices of cyber firms have jumped around a lot in recent weeks, leading one side or the other to claim victory. But the crucial point is that, relative to the historical norm, the market is not...

Share prices of cyber firms have jumped around a lot in recent weeks, leading one side or the other to claim victory. But the crucial point is that, relative to the historical norm, the market is not really pricing ANYTHING big to change. There was a much bigger move in cyber stocks in both 2020-22 […] The post Callum Williams on cybersecurity prices appeared first on Marginal REVOLUTION.

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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Economic Context

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