Ease In Our Time

Conference Board Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years The Conference Board's measure of Americans' Consumer Confidence fell more than expected in July, from an upwardly revised 92.2 to 90.8 (well below the 92.4 expectation)... The Present Situation index fell to 114.9 (below 117.5 exp) -  its weakest since Feb 2021 while Expectations were unchanged at 74.7 (very slightly better than the 74.4 exp). “Consumer confidence moderated slightly in July, continuing a general downward sloping trajectory since late 2021,” said Dana M Peterson, Chief Economist, The Conference...

France Sending Soldiers To Saudi, Stating "Not Getting Involved In Any Conflict" Authored by Mike Shedlock via MishTalk, Check out this Orwellian statement by French President Emmanuel Macron. France to Deploy Forces to Saudi Arabia Red The Wall Street Journal reports France to Deploy Forces to Protect Saudi Red Sea Oil Port "We are going to send military assets, that is, soldiers, radar systems, and defense systems to protect this site," Macron said in a TV interview on Thursday. However, he stressed that France was "not getting involved in any conflict," adding that the...

Some fifteen years ago I wrote that western reliance on its lens of secular rationality was no longer adequate as a means to understand the Israeli-Palestinian conflict. It was becoming obvious — even then — that the future of the region would be one of wars increasingly defined by religious symbols: i.e. Al-Aqsa versus the […]