War, Inflation, and Data Center Battles | SVN
July 15, 2026
In the debut episode of Signal vs. Noise, Onramp Media hosts Jackson Mikalic, Michael Tanguma, Liam Nelson, and Brian Cubellis debate whether June's cooler-than-expected 3.5% CPI print is signal or noise. The panel also breaks down oil's surge on Middle East tensions, the ultra-wealthy land grab reshaping Palm Beach, New York's first-in-the-nation data center moratorium, and Strategy's new Bitcoin Bank Adoption Index, where Fidelity leads at 71%.
Signal vs Noise: Jackson Mikalic, Michael Tanguma, Liam Nelson, and Brian Cubellis debate whether June's cooler-than-expected 3.5% CPI print is signal or noise, break down oil's surge on Middle East tensions, unpack the ultra-wealthy land-maxing trend reshaping Palm Beach real estate, react to New York's first-in-the-nation data center moratorium, and dig into Strategy's new Bitcoin Bank Adoption Index, where Fidelity leads at 71% and RBC trails at just 13%.
🎙️ About The Show
Signal vs Noise: a twice weekly show unpacking the five biggest stories across capital markets, technology, and people, with five minutes on the clock for each.
🧠 Chapters
00:26 - Topic 1 - CPI Cools to 3.5%: Signal or Noise? 06:10 - Topic 2 - Oil Surges on Middle East Tensions 11:53 - Topic 3 - The Ultra-Wealthy Are Buying Up Entire Blocks 17:57 - Topic 4 - New York's Data Center Moratorium 23:30 - Topic 5 - Strategy's Bitcoin Bank Adoption Index 28:33 - Wrap-Up & Parting Thoughts
Frequently Asked Questions
What is Signal vs. Noise?
Signal vs. Noise is a twice weekly show from Onramp Media in which four hosts unpack the five biggest stories across capital markets, technology, and people, with five minutes on the clock for each. The first episode aired July 15, 2026.
What did the June 2026 CPI report show?
Consumer prices rose 3.5% annually in June, less than expected and the sharpest cooldown in more than six years, driven in large part by easing energy prices. The hosts debate whether the print marks a genuine turn in the inflation cycle or a temporary reprieve.
Why does New York's data center moratorium matter?
New York is set to become the first state to impose a statewide moratorium on new data centers, putting a direct check on the AI infrastructure buildout. The episode covers what the precedent means for power markets and the AI trade.
This episode is editorial and educational content. Onramp does not provide tax, legal, or investment advice. Bitcoin is volatile and may lose value. Past performance does not guarantee future results.