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Services Sector Contraction In March Screams Q1 Stagflation
Services Sector Contraction In March Screams Q1 Stagflation
Following S&P Global's Manufacturing PMI's better than expected print higher (signaling resilience in the face of March's war in Iran), the data released this morning showed the US Services Sector experienced a contraction of activity at the end of the first quarter of 2026.
The headline S&P Global US Services PMI Business Activity Index recorded 49.8 in March, down from February’s 51.7 and lower than the earlier ‘flash’ estimate of 51.1.
It was the first decline recorded in over three years amid the weakest...
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Jun 12, 2026 / Tyler Durden
The Mullahs & The Lefty-Left
The Mullahs & The Lefty-Left
Authored by James Howard Kunstler,
"Until you are willing to harm the left more than they are willing to harm you, they will win. It’s really that simple."
- Aimee Terese on X
You’ll just have to stand by on whether this war with Iran is over or not, since the Shia true believers’ practice of Taqiyya is a permission structure for lying to infidels (us) when necessary — like, to advance global chaos that will bring the return of the Hidden Imam (Mahdi) to fill the world with justice, and...
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Jul 5, 2026 / Tyler Durden
Wage Growth As A Leading Inflation Indicator
Wage Growth As A Leading Inflation Indicator
Authored by Lance Roberts via RealInvestmentAdvice.com,
Wage growth peaked four years ago. Since 1985, it has led CPI by three to seventeen months in every single cycle. The May 4.2% inflation print is the noise. Watch the wages.
Headline CPI just printed 4.2% year-over-year for May. The highest reading since April 2023. The 10-year Treasury punched above 4.6% on the back of it, then pulled back recently. Energy ran +23.5% over the past twelve months on the Iran war, accounting for roughly 60% of the...
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zerohedge.com
MTG Rips Ex-Twitter Execs New Cloaca As AOC Melts Down With Hysterical Lies
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