The Inflation Spark That Could Become A Deflation Shock

Will The Iran War Trigger A Dollar Crisis? The oil spike has moderated and markets are mellow for the time being, but could the long-term economic consequences of this war just be getting started? U.S. allies have shown a lackluster response after President Trump’s request for assistance in reopening the Strait of Hormuz — a corridor carrying roughly 20% of global oil supply — and this may spell a trend of what’s to come. What happens when oil-producing Gulf states have had enough of our/Israel’s foreign policy machinations and, as a...

'Radical' Biden Judge Reverses RFK Jr. On Trans-Child Surgeries, Other Procedures A federal judge deemed 'too radical' by GOP lawmakers during his confirmation hearings said on Thursday that he will grant a motion by blue states to vacate (reverse) a declaration by HHS Director Robert F. Kennedy Jr. blocking breast removal and other procedures for youths with gender dysphoria.  Oregon US District Judge Mustafa Kasubhai, who was appointed by Biden in late 2024 and only confirmed after Senate Democrats invoked cloture on his nomination by a 51-43 vote, said during a hearing that he would...

Savings Rate Highest In 6 Months As Fed's Favorite Inflation Indicator Rises Near 2-Year High The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose o.4% MoM in January (in line with expectations) with YoY rising by 3.1% (as expected), slightly higher than the 3.0% in December... Source Bloomberg That is the highest YoY Core PCE since March 2024. The headline PCE rose 0.3% MoM (as expected) driving prices up 2.8% YoY (down from December's +2.9%...