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'Soft' Data Soars To 2-Year Highs As Chicago PMI Smashes Expectations
'Soft' Data Soars To 2-Year Highs As Chicago PMI Smashes Expectations
Market News International's Chicago Business Barometer smashed expectations this morning, print 57.7 - the highest since May 2022 - and above the highest analysts' expectation.
This is the second straight month above 50 (signaling expansion) with new orders and employment surging (but prices also rising)...
Prices paid rose at a faster pace; signaling expansion
New orders rose at a faster pace; signaling expansion
Employment rose and the direction reversed; signaling expansion
Inventories fell and the direction reversed; signaling contraction
Supplier deliveries rose at a faster...
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Feb 24, 2026 / Ryan McMaken
McMaken on Stossel: Grading Trump’s First Year: the Border, DOGE, Debt, Energy
Ryan McMaken, editor-in-chief for Mises.org, joins John Stossel to grade Donald Trump's first year in office prior to tonight's State of the Union.
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Feb 16, 2026 / Tyler Durden
Coffee Tied To Lower Dementia Risk, Harvard-MIT Study Finds
Coffee Tied To Lower Dementia Risk, Harvard-MIT Study Finds
New research published in JAMA reveals a strong reason to feel even better about being three to four espressos deep before the cash market opens in New York.
Here's the short version of the findings:
Caffeinated coffee was linked to lower dementia risk. Comparing the highest vs lowest consumption groups, the study reported a hazard ratio of 0.82 (95% CI, 0.76 to 0.89), which means higher caffeinated coffee intake was associated with lower risk.
People also reported less subjective cognitive decline. The higher-intake group had...
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Feb 19, 2026 / Tyler Durden
Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Things are getting from bad to worse for Private Credit giant Blue Owl Capital.
The last time we looked at the firm's precarious liquidity situation about a month ago, we found that the Blue Owl BDC would allow for 17% redemptions as investors, burned by both the tumbling stock price and the company's massive exposure to ticking private credit time bombs, were storming for the exit.
Blue Owl BDC Allows for 17% Redemptions as Investors Storm Exit: BBG
— zerohedge (@zerohedge) January...
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