US Core Manufacturing Orders Up For 3rd Straight Month In January

Virginia Democrats Move To Require Teaching Jan. 6th As An "Insurrection" Authored by Jonathan Turley, Virginia Democrats are moving to require teachers to tell students that Jan. 6th was an “insurrection” and effectively bar them from referencing “peaceful protests” or election irregularities. The characterization of the riot as an insurrection is historically and legally false. However, any parents who want to send their children to Virginia public schools would have to accept this form of indoctrination as part of their children’s education. In the last election, Democrats campaigned as moderates, including Abigail...

"I Am The House Now": Bessent Goes Full Judge Dredd On Yen Bears US Treasury Secretary went full judge, jury, and executioner on speculative yen shorts overnight with probably the most direct explicit jawboning we have seen in years... “I am the house now, so when we intervene with the Japanese yen, I have pretty good insight into what the Japanese, what the Bank of Japan is going to do, what Japanese policymakers are going to do,” Bessent said at a Southern Methodist University event in Texas on Tuesday. “And you can...

FOMC Minutes Preview: Look For "Easing Bias" Dissent Details Inside Powell's Hawkish Swan Song Today's FOMC minutes, released at 2pm ET, will be closely watched for further details surrounding the increasingly hawkish split within the Committee following the April meeting, Jerome Powell's last as Fed Chair. With three voters dissenting against retaining the easing bias - and Fedʼs Collins later suggesting she would have supported removing it too - markets will look to see how broad support was for removing the easing bias, particularly after Powell said more officials now view...