Gold & Yield Curve Tumble After 'Hawkish' Fed-Hike; Stocks Drop As Crude Flops
...yields soared, gold plunged, and stocks were slammed ('broadening out' trade battered) after the shortest press conference in years...
...yields soared, gold plunged, and stocks were slammed ('broadening out' trade battered) after the shortest press conference in years...
Militants seen celebrating beside the extensive wreckage...
"The disconnect between the Warsh hawkish tone and the SEP’s showing 2% inflation only in 2029 suggests a potential for more aggressive front-loading of hikes if inflation trends do not break by Q4 rather than a single hike episode."
"Evaluate This!!!"
Roughly one in six cases among uninsured or undocumented patients had no identifiable cause...
India, the host nation for this edition of the BRICS annual summit, has acted as a brake on efforts to de-dollarize the global economy...
Pentagon refused to cooperate with CBO, so take that number with a grain of salt
'He defied Congress,' Rep. James Comer said.
Anthropic founder takes guidance from an ideologically uniform group of liberals and Effective Altruists...
$50 million order.
...what will a rate-hike do to enable peace in Hormuz?
The Fed's mortgage-market policy rewarded existing homeowners, but raised the price of entry for first-time and future buyers...
"Indeed, since 1928, these have been the most volatile months of the calendar, with volatility..."
Trump has alleged on several occasions that there is a 'white genocide' happening in South Africa...
...four Fed members see at least 2 rate-CUTs next year...
Some bizarre details involving an alleged Brooklyn asset...
"We struggle to completely discount the risk that Warsh’s Jackson Hole speech was purely performative and he could in fact try to jam through a hold, but equally cannot fathom a world where he commits what would be construed as the policy error of all policy errors"
