Independent thinking for complex markets and current events
The Fed has been clear that 2% is their inflation target. Now, we have inflation rising again and hovering near the 3% mark. Will the Fed raise their inflation target or will they finally get it under control? Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) August 10, …
Kansas Fed Manufacturing Index plummets to -20 in July, signaling sharp contraction in the regions mfg activity. pic.twitter.com/98y7PpgAn1 — Don Johnson (@DonMiami3) July 27, 2023 Kansas Fed Composite Index edges up to -11 in July from -12 in June, but don't be deceived by modest gains. The economy remains entrenched in weakness. Beneath the surface, …
via mishtalk: The US Manufacturing PMI improved a bit but remains in contraction as service sector growth weakens. S&P reports US expansion loses momentum as service sector growth slows in July. S&P US Composite PMI™ Key Points Flash US PMI Composite Output Index at 52.0 (June: 53.2). 5-month low. Flash US Services Business Activity Index at …
by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to remain at this level for a while to ensure inflation returns to the target range …
https://twitter.com/ClownWorld_/status/1676579408000450561?ref_src=twsrc%5Etfw h/t dr0id
This 4th of July, it's high time we recognize that the US exists on stolen Indigenous land and commit to returning it. Learn more and take action now: https://t.co/45smaBmORH pic.twitter.com/a6qp7LXUAE — Ben & Jerry's (@benandjerrys) July 4, 2023 Ben & Jerry’s @benandjerrys This 4th of July, it’s high time we recognize that the US exists …
“According to the adviser to the General Director of nuclear plant operations agency Rosenergoatom, Ukraine is planning to strike the Zaporozhye nuclear power plant overnight on 5 July, with a missile containing a nuclear dirty-bomb warhead. RT’s Steve Sweeney has more details.” According to the adviser to the General Director of nuclear plant operations agency …
by Chris Black Independence is a part of our national mythology. We are a unique group of people, in a unique place, with a specific identity, and July 4 is a way to mark and remember that identity. American identity might seem a little complicated at the moment, but we shouldn’t forget who we are. …
by BoatSurfer600 Source: Zen Second Life
