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Conference Board Confidence Unexpectedly Jumped Amid War In March
Conference Board Confidence Unexpectedly Jumped Amid War In March
Despite war (and rising gas prices) now on respondents' minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board's Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected.
Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 exp) while Expectations fell from 72.0 to 70.9 (68.4 exp)
Source: Bloomberg
Among demographic groups, confidence on a six-month moving average basis continued to moderate...
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Feb 28, 2026 / Tyler Durden
Fed Plans To Release Sweeping Bank‑Capital Rule By Late March: Top Regulator
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Authored by Andrew Moran via The Epoch Times (emphasis ours),
Long-awaited banking regulation—also known as the Basel III Endgame framework—will be released next month, said the Federal Reserve’s top banking regulator.
Michelle Bowman, vice chair for supervision of the Federal Reserve Board, in Washington on July 22, 2025. Ken Cedeno/Reuters
Fed Vice Chair for Supervision Michelle Bowman, appearing at a Senate Banking Committee hearing on Feb. 26, confirmed that regulators are expected to release an updated Basel III proposal at the...
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Mar 4, 2026 / Tyler Durden
Air Freight Rates To Spike As Iran War Escalates
Air Freight Rates To Spike As Iran War Escalates
By Eric Kulisch of FreightWaves
The war launched by the United States and Israel against Iran on Saturday is already disrupting air cargo traffic in the Middle East, a key freight corridor between Asia and Europe where two of the world’s largest cargo airlines are based, and raising the potential for a rise in air freight rates.
Airlines are suspending flights, rerouting traffic around the conflict zone and unable to use key transload hubs in Dubai, Abu Dhabi and Qatar because of retaliatory...
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Feb 27, 2026 / Tho Bishop, Ryan McMaken, Jonathan Newman
What Is the State of the Union?
On this episode of Power and Market, we feel compelled to discuss this week's State of the Union speech.
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