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Futures, Global Markets Rise With US Markets Closed For President's Day
Futures, Global Markets Rise With US Markets Closed For President's Day
Stocks gained, bitcoin tumbled and bonds steadied after Friday's cool CPI data reinforced expectations that the Fed will cut interest rates on multiple occasions this year. With US markets closed for the Presidents’ Day holiday and mainland China’s markets closed for Lunar New Year holidays, trading was muted on Monday. As of 9:00am ET, futures on the S&P 500 added 0.4% and Europe’s Stoxx 600 index rose 0.4% as banking shares rebounded from a sharp decline last week. German bunds and Treasury futures were steady after US...
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May 27, 2026 / Tyler Durden
Mexico Hosts Iranian World Cup Team After Training Camp Switched From US
Mexico Hosts Iranian World Cup Team After Training Camp Switched From US
Authored by Chris Summers via The Epoch Times,
Mexican President Claudia Sheinbaum said her country had agreed to host Iran’s World Cup soccer team this summer after Washington decided it did not want the players to stay in the United States overnight.
“The United States doesn’t want the Iranian national team to stay overnight in the United States,” Sheinbaum told reporters on May 25.
She said a FIFA representative had asked, “Can they stay overnight in Mexico?”
“And we said, ‘Yes, no...
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Aug 10, 2026 / Tyler Durden
Trump Signs Executive Order Calling For Spacing Out Childhood Vaccines
Trump Signs Executive Order Calling For Spacing Out Childhood Vaccines
Authored by Jackson Richman via The Epoch Times,
President Donald Trump signed an executive order on Aug. 10 calling for spacing out childhood vaccines.
President Donald Trump, accompanied by Health and Human Services Secretary Robert F. Kennedy Jr. (R) and Jayme Leagh Franklin with the The Conservateur (L), signs an executive order calling for childhood vaccine shots to be spaced out into separate visits during an event in the Oval Office of the White House on Aug. 10, 2026. Anna Moneymaker/Getty Images
The...
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Sep 11, 2026 / Tyler Durden
Rate-Hike Odds Soar Despite Lowest Core Consumer Price Inflation Since 2021
Rate-Hike Odds Soar Despite Lowest Core Consumer Price Inflation Since 2021
Following fuel-driven jump in Producer Prices, consensus was for a concomitant jump MoM in Consumer prices this morning, after last month's decline as energy prices have rebounded (though we warned that amid all the interventionist-y chatter, nothing would surprise us less than 'cool' print to offset the PPI scare).
And analysts were right with headline CPI rising 0.4% MoM (exactly as expected) - biggest MoM since May - but prices rose 3.5% YoY (in line with expectations and flat to...
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