Top US Catholic Bishop Says Trump’s Threat To Destroy an Entire Civilization ‘Cannot Be Morally Justified’

New Fed Chair Kevin Warsh's Job Is Impossible Submitted by QTR's Fringe Finance Congratulations to Kevin Warsh on officially becoming the next Federal Reserve chair. Unfortunately for him, he may have just accepted the worst job in global finance at the worst possible moment. Warsh was narrowly confirmed this week in the most partisan Fed chair vote in modern history, inheriting a central bank that has spent years under political attack while gliding straight into a macroeconomic minefield. Inflation just accelerated to a three-year high. Oil is higher amid Middle East tensions....

"We're Really In Uncharted Territory..." Authored by James Howard Kunstler, Games Nations Play “I am sick of serving in Congress with immoral freaks who abuse their office and bring dishonor to the institution.” - Rep Anna Paulina Luna You have entered the season of chaos. Better get used to it. The center quit holding a long time ago, and now even the margins are quivering. Buckle up and batten down. It will probably get rougher and weirder. Struggle is everywhere. Iran Declares Victory Will Iran reopen Hormuz or not? They really only have days to stop...

US Core Durable Goods Orders Surge For 11th Straight Month After recent string 'soft' survey data, this morning we get some 'hard' data and it's mixed...ish... Preliminary headline durable goods orders for February fell 1.4% MoM (worse than the -1.2% MoM exp). That is the third monthly decline in a row (the first 3-month decline since Nov 2019) Source: Bloomberg The monthly decline of the headline print largely reflected a decline in orders for aircraft. Boeing said it received fewer orders for its planes in February than a month earlier. On the other hand, core durable...