Futures Jump After Overnight Rollercoaster Session As Oil Unexpectedly Tumbles, Yen Soars

Fed Holds Rates Unchanged (As Expected), 'Dots' Signal Hawkish Bias As Warsh Takes Over Tl;dr: No rate change (as expected) but a dramatically hawkish shift in The Fed's bias (9 members seeing at least one hike this year). Statement smilled down dramatically, also biases towards hawkish focus on price stability (inflation) over employment: "The Committee will deliver price stability". “The market is focused on the dot plot for now, with half the committee thinking there will be hikes. The bear flattening seems reasonable based on that. Those who looked for a...

When Will This Sh*t Stop? Authored by Steve Watson via Modernity.news, A career criminal with 23 prior arrests and 70 charges was allowed to roam free until she stabbed a pregnant woman in broad daylight outside a Harris Teeter in Charlotte’s Cotswold Village Shopping Center on March 18.  The 38-year-old victim was loading her car with her three-year-old child nearby when Marvina Marie Hardy (also known as Marvina Marie Hardy-Butler), 40, of Waxhaw, attacked her with a steak knife, stabbing her in the sternum.  The victim fought back. Both she and her unborn...

The Trump administration is increasing sanctions on Cuba, in the form of new economic penalties for Cuban industries as well as expanding enforcement of laws that bar Americans who visit the island from dealings with government-owned or -affiliated businesses. The penalties, which were announced Thursday by the Treasury and State Departments, are aimed at 10 […]