"Unprecedented": Travel Prices Expected To Soar To And From World Cup Matches This Summer

The Bond Market Already Looked Through The Inflation Headlines Authored by Lance Roberts via RealInvestmentAdvice.com, 💰 May Inflation of 4.2%: Media Narrative Misses Reality The May inflation print landed on Wednesday, and the doom crowd pounced. Headline CPI reaccelerated to 4.2% year over year, the hottest reading since April 2023, and the “inflation is back” choir was in full voice within the hour. I want to push back on that, because two weeks ago I made exactly this argument in “Why The Doom Crowd Is Watching The Wrong Indicator,” and this May inflation print is the clearest...

FIFA Rebukes NJ's Lefty Governor In Transportation Dispute Authored by Luis Cornelio via Headline USA, Leaders behind the 2026 FIFA World Cup rebuked New Jersey Gov. Mikie Sherrill after she launched what appeared to be a social media campaign complaining that the state would be stuck footing the bill for public transportation tied to the event. The 2026 World Cup is set to span multiple days, including eight matches at New Jersey’s MetLife Stadium in June. Estimates suggest the games could generate over $3 billion in economic impact for the region. However, the state is expected to expand public transportation services, as...

"All Systems Go": Goldman Sees Improvement As Boeing Turnaround Gains Momo Boeing shares jumped as much as 5% after the company posted a smaller-than-expected first-quarter cash burn and delivered the most aircraft since 2019 (outdelivered Airbus for the first time in years), reinforcing the view that the turnaround is beginning to lift off. The CEO's earlier comment was "all systems go," while Goldman's initial read on the quarter pointed to "improvements." First-quarter earnings results show Boeing is gaining traction and is set to ramp up 737 production, a key step toward...