Turkish Evacuation Plane Comes Under Attack In Sudan
Turkish Evacuation Plane Comes Under Attack In Sudan Heavy explosions and gunfire have continued to rock parts of Sudan’s capital Khartoum and its twin city Omdurman despite a ceasefire. At least 500 people have been killed, including reportedly two American citizens, as fighting reaches two weeks amid the power struggle between two rival generals representing […]
Yen Plummets After BOJ Crushes Hawks: Will Take Up To 1.5 Years To Review Current Policy
Yen Plummets After BOJ Crushes Hawks: Will Take Up To 1.5 Years To Review Current Policy In a slap to the face of all those who naively expected that the BOJ would finally unveil some hawkish pivot (ignoring the fact that it owns more than 100% of Japan GDP in JGBs, has a DV01 in […]
UMich Inflation Expectations Soared In April, Sentiment Inched Higher
UMich Inflation Expectations Soared In April, Sentiment Inched Higher A busy end to the week for macro appears to be settling the narrative that we are facing stagflationary pressures as growth slows but inflation signals remain far stickier than expected. This morning’s final UMich report confirms the flash inflation expectations have jumped dramatically with longer-term […]
The Metaverse Was A Pandemic Pipe Dream
The Metaverse Was A Pandemic Pipe Dream Submitted by Jack Raines via Young Money, In the opening chapter of The Reality Bug, the fourth novel in the Pendragon fantasy series, protagonist Bobby Pendragon finds himself walking through Rubic City, a metropolis in the foreign world of Veelox. Rubic City is similar to the cities in […]
Fed’s Favorite Inflation Indicator Slows Only Marginally, Americans’ Savings Rate Rises To 15-Mo Highs
Fed’s Favorite Inflation Indicator Slows Only Marginally, Americans’ Savings Rate Rises To 15-Mo Highs After US and German GDP gravely disappointed and inflation measures on both sides of the pond remain far more elevated that hoped for, this morning’s print of The Fed’s favorite inflation indicator will likely drive today’s early action among the algos. […]
“Incredible Loss”: Two Apache Helicopters Collide In Exercise Over Alaska, Killing 3 Soldiers
“Incredible Loss”: Two Apache Helicopters Collide In Exercise Over Alaska, Killing 3 Soldiers During a military training mission on Thursday, two Boeing AH-64 Apache helicopters collided in Alaska, resulting in the deaths of three soldiers, while another sustained injuries, according to a press release from US Army officials. US Army’s 11th Airborne Division said the […]
Taibbi: America, The Single-Opinion Cult
Taibbi: America, The Single-Opinion Cult Authored by Matt Taibbi via Racket News, That interview says it all, doesn’t it? Not long ago I was writing in defense of Alexandria Ocasio-Cortez. When she first entered Congress as an inner-city kid who’d knocked off longtime insider Joe Crowley with a Sandersian policy profile, her own party’s establishment […]