2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

Is the US riding an “everything bubble” to the next crisis? Mark Thornton joins Paul Buitink to diagnose the dollar, the debt, and the Fed’s distortion machine.

Stockman Warns This Is Not Your Grandfather's Stagflation Authored by David Stockman via The Brownstone Institute, It was pretty obvious even before February 28th that the US economy was grinding to a halt, even as inflation was already working up a head of steam. But then came war.  We are going to get a globe-shaking economic conflagration erupting from the void that was the Persian Gulf commodity fountain. That includes between 20% and 50% of all the basic commodities that drive global GDP, including crude oil, LPGs, LNG, ammonia, urea, sulfur, helium,...

US PMIs Signal Stagflation Fears Accelerating As War Started With 'hard' US macro data having drifted weaker all year, consensus was expecting only a modest decline in S&P Global's US Composite index in preliminary March data (that presumably will be affected in some part by the war and its consequences). The consensus was right, but the picture was mixed with Manufacturing PMI surprising to the upside (52.4 vs 51.5 exp vs 51.6 prior) - highest since Oct 2025. Services PMI, on the other hand, disappointed, falling to the lowest since April 2025... Source: Bloomberg Overall,...