Core PCE Rises Most In 3 Years; Savings Rate Tumbles As Spending Far Outpaces Income

"Too Many Things Are Out Of Whack..." Authored by James Howard Kunstler, "The people we care about most, the undocumented migrants..." - Sen. Chris Murphy (D-CT) Cult Classics Tensions rise as the green fuse drives the flowers of springtime (and thank you, Dylan Thomas, for the loan.) Too many things are out of whack. Some are actually breaking. A physics of events is at work that will bring our affairs back to true, but expect it to be painful. Okay, you’ve been warned. Asia, especially, suffers bigly with the Persian Gulf shut-down. For decades these countries took the oil flows...

Str-Eye-ke For A Str-Eye-ke By Bas van Geffen, senior macro strategist at Rabobank This weekend’s events cast fresh doubts over the value of the US-Iran memorandum of understanding. On Friday, President Trump condemned the drone attack on a container ship that was transiting the Strait of Hormuz. Trump posted on Truth Social that the US had shot down three other drones, adding that “obviously, this is a foolish violation of our Ceasefire Agreement.” What followed was a series of eye-for-an-eye strikes. The US targeted Iranian military sites in retaliation for the attack on...

Marriage Benefits Men's Life Expectancy More Than Women's One data point has recently caused much astonishment, confusion and also anger online. As Statista's Katharina Buchholz details below, it is the finding that men benefit more from being married in terms of life expectancy than women do. In other words, that men live longer and healthier lives if they are backed up by a spouse in doing so, while women don’t see the same support in prolonging their length and quality of life. The notion that men rob years of life from their wives and...