"Busted..."
"The sensitivity of SOFR to reserves correlation signaled nearing LCLOR. We sense a similar dynamic is present today." - Mark Cabana
Despite the Fed’s intervention, several risks to economic growth remain. The Q2 GDP report, while positive, revealed certain vulnerabilities that could threaten future growth, even with lower rates...
Rather oddly, while inflation expectations have softened in recent months, concerns about high prices remains extremely elevated...
The groups argued that power and internet outages, election office closures, and disruptions to the postal service are hindering registration efforts...
"So let’s get real, Joe: what the hell are you waiting for?"
MEP Freund, who is famously obsessed with Orbán, may be getting more unhinged as his party’s support crashes back home...
"You're coming up with all kinds of reasons...I've got a problem with that."
...ex-food-and-energy, producer prices are up 2.8% YoY (well above The Fed's mandate)...
Some good news, some not so good.
The market is not ready for a re-rise in inflation, with positioning long in stocks, bonds and rates futures...
The analysts said Tesla "demonstrated very strong progress with the Optimus humanoid robot, and we think the Cybercab looked attractive," but noted, "the lack of..."
"That's at least partly because the market remains fiercely competitive."
Ukraine says it seeks freedom from Putin's authoritarian grip, but both Zelensky and Ukraine as a country have continuously shown the same tendencies...
It is yet another sign that economies are making a huge departure from the old paradigm, where workers in developed countries saw their middle-class status eroded by decades of neoliberal policies...
"We are going to hold you accountable..."