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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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Mar 8, 2026 / Tyler Durden
Cuba Is Negotiating Deal With US, Trump Says
Cuba Is Negotiating Deal With US, Trump Says
Authored by Jacob Burg via The Epoch Times,
U.S. President Donald Trump said March 8 that the Cuban government is negotiating a deal with him and Secretary of State Marco Rubio.
Speaking at his “Shield of the Americas” gathering of Latin American leaders in Miami, Florida, Trump said that Cuba is “at the end of the line” due to Venezuela cutting off oil deliveries after the U.S. capture of Venezuelan leader Nicolás Maduro.
“As we achieve a historic transformation in Venezuela, we’re also looking forward...
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Feb 20, 2026 / Tyler Durden
Iranian Starlink Black Market Prices Soar As War Risks Rise
Iranian Starlink Black Market Prices Soar As War Risks Rise
Iran's black market for Starlink terminals has rapidly repriced, with reported street quotes of $4,000 per terminal, up from $700 to $1,000 last summer, as war risks surge and renewed fears grow over stricter internet censorship and another blackout.
Bloomberg spoke with Starlink terminal sellers and human rights groups that said satellite internet via Starlink terminals is one of the only ways to stay connected to the rest of the world, as the Iranian government has cut access or forced...
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Feb 25, 2026 / Tyler Durden
Diageo Shares Plunge Most In Two Years On Weaker Guidance, Dividend Cut
Diageo Shares Plunge Most In Two Years On Weaker Guidance, Dividend Cut
Shares of Diageo Plc fell the most in 2 years after the maker of Guinness beer and Johnnie Walker whiskey cut its guidance for the second time this fiscal year amid soft demand in the US and China markets. The move marks an early challenge for new CEO Dave Lewis.
The British distiller now expects organic net sales to decline by 2% to 3% this fiscal year, down from previous guidance of flat to slightly down, and said it...
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