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UMich Sentiment Crashes To Lowest On Record As War Sparks Inflation Panic Among Democrats
UMich Sentiment Crashes To Lowest On Record As War Sparks Inflation Panic Among Democrats
While the March UMich sentiment survey was completed before and after the start of the Iran War (with only modest impacts on sentiment and inflation expectations), today's preliminary April data survey period was all in the war with expectations for a notable drop in sentiment and sizable jump in inflation expectations.
It turns out the expectations were right in direction but underestimated the scale as headline sentiment plunged from 53.3 to 47.6 (far worse than the 51.5...
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Mar 17, 2026 / Tyler Durden
Russia Seeks To Keep Iran 'In The Fight' As Pentagon Eyes Mass Kamikaze Drone Production
Russia Seeks To Keep Iran 'In The Fight' As Pentagon Eyes Mass Kamikaze Drone Production
Summary:
Russia is trying to keep its regional ally Iran "in the fight"; Pentagon eyes ramping up Kamikaze drone use and production.
Trump: War will be over "soon" after which "oil prices will drop like a rock"; We are "not ready to leave Iran yet" but will in "near future". Brushes off potential for 'Vietnam-style quagmire.' Trump on China and delayed Xi meeting - "Looks like it'll happen in five weeks."
Macron: "We are not party to the conflict...
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Apr 23, 2026 / Jonathan Newman
A Look Behind the Fed’s Curtains
Our own Jonathan Newman had the opportunity to sit down with a Federal Reserve governor. The central banker's answers to Newman's questions were evasive and riddled with contradictions. It seems there is not much behind the Fed's technocratic veneer.
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Mar 22, 2026 / Tyler Durden
Florida Cities Enforce Curfews And Mass Arrests After Spring Break Chaos
Florida Cities Enforce Curfews And Mass Arrests After Spring Break Chaos
Do certain groups of people deliberately seek out chaos? Do they revel in it so much that they choose to create it from thin air wherever they go? Or, are they completely unaware of the destruction that follows them around? One thing is certain - they obviously don't care about how it affects the people around them.
Spring Break in Florida has always been a wild affair attracting masses of young vacationers from across the US to white sandy beaches,...
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