Illinois Sued Over Allegedly Using Race As A Factor In Congressional Map

UMich Consumer Confidence Slides In September As Republicans Lose Faith After July's rebound to pre-war levels, a re-escalation in the MidEast (and soaring fuel costs) has sent confidence back towards YTD lows. Today's final September data was expected to show UMich headline sentiment sliding further (and inflation expectations re-accelerating). And while sentiment is lower overall (month to month), it did actually pick up modestly intra-month from preliminary levels. Consumer sentiment ticked down less than four index points in September, reaching the lowest reading in four months and back down notably from January...

Gold Jumps, Curve Flattens On Report Treasury To Tap Trillion-Dollar TGA To Fund Bond Buybacks Having seen yields rebound from their initial decline following the upping of Treasury (long-end) buybacks to 'at least $4BN' per operation (and increased its total planned operations), Treasury Secretary Scott Bessent jawboned late last week about his 'bigger toolkit' and 'asymmetric information' in an attempt to further strengthen the 'Treasury Put'. Unfortunately for him, the market (vigilant as ever), decided to test him with yields ending the week at the highs. So this morning, two senior Treasury officials...

Marjorie Taylor Greene Amplifies Viral Doubts About Butler Assassination Attempt Former Congresswoman Marjorie Taylor Greene has drawn attention to a detailed personal account from a longtime Trump supporter who now questions key elements of the July 13, 2024, assassination attempt on then-candidate Donald Trump at a campaign rally in Butler, Pennsylvania. In an April 12 post on X, Trisha Hope, a self-described J6 activist and 2024 Republican National Convention delegate from Texas, details how she shifted from staunch MAGA supporter to skeptic -  writing "I learned of the attempt on Trump's...