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Collum: Was Fed Chair Warsh Chosen For A Controlled Demolition?
Collum: Was Fed Chair Warsh Chosen For A Controlled Demolition?
Supposed monetary hawk Kevin Warsh, who was officially sworn in as the 17th Fed Chair earlier this week, will now face the dilemma of staying true to his hawkish roots or caving to his unabashed high-rate hating President. That is, of course, unless there’s a deeper plan at play…
Last night, Cornell professor Dave Collum hosted Michael Lebowitz and Stephanie Pomboy for a deep dived into ‘How F***ed Markets Are’ where Dave posited the theory that Warsh man be a demolition...
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Jul 9, 2026 / Tyler Durden
Trump To Delist Syria From Terror Designation, Boasts Of Putting 'Fantastic' Sharaa In Power
Trump To Delist Syria From Terror Designation, Boasts Of Putting 'Fantastic' Sharaa In Power
Via Middle East Eye
US President Donald Trump lavished rare praise on Syrian President Ahmed al-Sharaa on Wednesday, calling him "fantastic" and "highly respected", as the two leaders met on the sidelines of the NATO summit in Ankara, Turkey.
The meeting itself is a win for Sharaa, who was first introduced to Trump a little over a year ago in Riyadh, Saudi Arabia, before finding himself in the Oval Office exchanging gifts with the US president by November. No Syrian leader -...
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Jul 24, 2026 / Tyler Durden
US PMIs Mixed But Still Signal Accelerating Economic Growth In Q3
US PMIs Mixed But Still Signal Accelerating Economic Growth In Q3
With 'hard data' trending weaker, today's preliminary July PMIs offer the first glimpse at whether the reignition of the Iran War is weighing on 'soft' survey sentiment in the US economy.
The data was mixed (as always) with Manufacturing disappointing while Services accelerated more than expected:
Flash US Manufacturing PMI: 53.8 (June: 53.9). 4-month low.
Flash US Services PMI Business Activity Index: 53.6 (June: 51.2). 8-month high.
“US businesses reported a good start to the third quarter," said Chris Williamson, Chief Business Economist at...
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May 7, 2026 / Tyler Durden
When Global Order Begins To Fracture
When Global Order Begins To Fracture
Authored by Milan Adams via Preppgroup blog,
There are moments in history when the world changes with noise — sirens, speeches, falling statues. And then there are moments when it changes so quietly that almost nobody realizes it is happening. We are living through the second kind. No formal announcement marked the transition. No historic summit collapsed on live television. No leader stepped forward to say: the old rules no longer apply.
And yet, somewhere between the war in Ukraine, the tightening strategic alignment between Russia and China, and the silent...
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