Short-Term Inflation Expectations Decline As Stock Market Optimism Hits 3 Year High: NY Fed Consumer Survey
Short-Term Inflation Expectations Decline As Stock Market Optimism Hits 3 Year High: NY Fed Consumer Survey As previewed earlier, the biggest event this week – perhaps even more important than the FOMC decision at 2pm on Wednesday – is the CPI report due just a few hours before Powell takes the mic. And with so […]
Court Rules Meta Must Face Lawsuit Over Fraudulent Ads
Court Rules Meta Must Face Lawsuit Over Fraudulent Ads Authored by Zachary Stieber via The Epoch Times (emphasis ours), Facebook parent company Meta must face a lawsuit over claims it breached its terms of service by soliciting fraudulent advertisements from Chinese companies, a federal appeals court has ruled. Meta Founder and CEO Mark Zuckerberg arrives […]
Ukraine Claims First-Ever Fighter Jet Strike On Russian Territory
Ukraine Claims First-Ever Fighter Jet Strike On Russian Territory Ukraine is touting that it has launched a successful airstrike by fighter jet inside Russian territory, Sky News is reporting, which is a significant first of the conflict. An unidentified Ukrainian military source described to the UK outlet that an air-launched missile strike was conducted inside […]
“Time For Some 3D Chess”: Here’s Why A Battered Macron Just Called Snap Elections
“Time For Some 3D Chess”: Here’s Why A Battered Macron Just Called Snap Elections By Stefan Koopman, Senior macro strategist at Rabobank The European elections saw the centre hold its ground, albeit narrowly. The European People’s Party is poised to secure 184 seats in the new 720-seat Parliament, with the Socialists and the centrist Renew […]
Bitcoin ETFs Sucked Up 2 Months Of BTC Mining-Supply In First Week Of June
Bitcoin ETFs Sucked Up 2 Months Of BTC Mining-Supply In First Week Of June Authored by Jesse Coghlan via CoinTelegraph.com, Spot Bitcoin exchange-traded funds (ETFs) in the United States acquired the equivalent of around two months’ worth of the cryptocurrency’s mining supply in the first week of June. With inflows of approximately $1.83 billion, the 11 […]
New Images Reveal Houthi Missile Damage To Oaktree’s Previously-Owned Bulk Carrier
New Images Reveal Houthi Missile Damage To Oaktree’s Previously-Owned Bulk Carrier For the first time, shocking new images have surfaced on social media, revealing the extensive damage to the previously owned US bulk carrier “True Confidence.” This vessel was engulfed in flames following a missile attack by Iranian-backed Houthis earlier this year. On March 6, Houthis […]
Fed's Dot Plot to Reveal Insights on Potential Rate Cuts
The upcoming update to the Federal Reserve’s “dot plot” will provide insights into the central bank’s commitment to easing monetary policy. While Chair Jerome Powell and the Fed are expected to maintain interest rates for the seventh consecutive meeting, economists are divided on the number of rate cuts that will be indicated in the forecasts. […]
Talent Exodus Under John Williams Sparks Concerns at New York Fed
Since John Williams became president of the New York Federal Reserve in 2018, concerns have arisen about the institution’s declining influence and loss of talent. Numerous senior officials have left since 2022, raising worries about a brain drain. Critics point out that Williams, despite his strong macroeconomic background, lacks the market experience of his predecessors. […]
Oil Prices Rebound Ahead of Key Industry Reports and Fed Decision
Oil prices rose after last week’s decline, with Brent crude surpassing $80 a barrel as traders anticipate key industry reports and a Federal Reserve decision on interest rates. Prices had fallen following OPEC+ plans to increase output later this year, leading to a significant drop in bullish bets on oil. Upcoming reports from OPEC and […]
Disinformation Allegations Fly At Harvard’s Disinformation Center
Disinformation Allegations Fly At Harvard’s Disinformation Center Authored by Jonathan Turley, For years, free speech advocates (including myself) have criticized the new rationalization for censorship in the cause of combating disinformation, misinformation, and malinformation. As discussed in my new book, The Indispensable Right: Free Speech in an Age of Rage, there is a burgeoning cottage […]