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Inflation Fears Plummet As UMich Sees Democrats' Confidence Pick Up In February
Inflation Fears Plummet As UMich Sees Democrats' Confidence Pick Up In February
After rebounding strongly in preliminary February data (as Democrats came to their senses over the fearmongered Trump tariff-flation), the final UMich sentiment survey print slipped lower with the headline lowered from 57.3 to 56.6. Both Current Conditions and Expectations were lower than the flash print with the latter falling to 2 month lows and the former holding at 4-month highs...
Does anyone else think its weird that all the numbers were exactly the same at 56.6
Source: Bloomberg
Democrats and Republicans...
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Oct 12, 2026 / Tyler Durden
Netflix Reportedly Readies First Major Layoffs Since 2022, Cutting 5% Of Staff With Shares Down 42% In A Year
Netflix Reportedly Readies First Major Layoffs Since 2022, Cutting 5% Of Staff With Shares Down 42% In A Year
Continued wokeness does not seem to be working out well for Netflix, which is planning to cut about 5% of its workforce, with an announcement expected as early as next week, Puck News reported Friday, citing people familiar with the matter.
The company had about 16,000 full-time employees at the end of last year, so a 5% cut would mean roughly 800 jobs. It is not yet clear which departments would be hit,...
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Apr 27, 2026 / Tyler Durden
Futures Flat At All Time Highs Ahead Of Huge Week, Semis Set For 19th Day Of Gains
Futures Flat At All Time Highs Ahead Of Huge Week, Semis Set For 19th Day Of Gains
Risk sentiment improved overnight on another Axios report that Iran has given the US a new proposal to reopen the Strait of Hormuz with more detailed nuclear talks expected later. Oil pares early gains, and US equity futures jumped although they have also pared gains since and are trading flat as traders await a huge week of earnings (44% of the S&P by mkt cap is set to report) and central bank decisions (Fed, BOJ, ECB, BOE...
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Sep 22, 2026 / Tyler Durden
Saudis Signal Red Sea Oil Loadings Could Soon Resume For Asian Buyers
Saudis Signal Red Sea Oil Loadings Could Soon Resume For Asian Buyers
Bloomberg reports Saudi Aramco may restart crude loadings at Yanbu this week, raising hopes that the critical East-West pipeline route, which bypasses the Strait of Hormuz, could resume operations at half capacity after a drone attack disabled it.
While no restart timeline has been confirmed, the overnight development adds to positive signs of progress toward resolving the global energy crisis after Brent slipped below $100 a barrel on reports that Iran offered to reopen the strait in exchange for...
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