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FundStrat's Newton: Why Not Replace The FOMC With AI?

FundStrat's Newton: Why Not Replace The FOMC With AI? Short of abolishing the Fed (much preferred), would automating the Fed make more sense than the current system? Should we trust Kevin Warsh, Jerome Powell, and Lisa Cook to read the tea leaves each month and decree rate changes for us commoners?  That was Fundstrat's Mark Newton’s suggestion during last night's ZeroHedge debate on his H2 market outlook. He pointed out the new chair’s plan to eliminate “forward guidance”, a term invented under the previous chair Powell in which the Fed strategically...
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Feb 17, 2026 / Tyler Durden
Watch Latest Trans Horror: Dad In Dress Kills Ex-Wife, Child, Self At School Hockey Game
Watch Latest Trans Horror: Dad In Dress Kills Ex-Wife, Child, Self At School Hockey Game For the second time in a week, a transgender person has exploded in a display of spectacular, bloody violence. The latest incident unfolded on Monday in Pawtucket, Rhode Island, where a 56-year-old man reportedly wearing a dress shot four of his family members and a family friend at a high school hockey game. Police say Robert Robert Dorgan (aka Roberta Esposito) killed the mother of his children and one of their kids before taking his own life. Dorgan's son was reportedly playing...
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Jul 4, 2026 / Tyler Durden
CFPB Orders Remote Employees To Relocate To Washington Or Lose Jobs
CFPB Orders Remote Employees To Relocate To Washington Or Lose Jobs Via American Greatness, The Consumer Financial Protection Bureau (CFPB) has directed hundreds of employees who live outside the Washington area to relocate to the agency’s new headquarters or face losing their jobs, a move that could significantly reduce the bureau’s workforce. Acting Director Russell Vought notified employees in a memorandum Tuesday that approximately 450 remote workers must commit to relocating to Washington by July 14. Employees who agree to the move are scheduled to begin reporting to the bureau’s new headquarters September 6. According...
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Apr 13, 2026 / Tyler Durden
Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years
Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years Goldman Sachs reported its highest quarterly profit in five years, as the bank's equities traders beat their own previous all-time quarterly high revenue by more than $1 billion thanks to a surge in market volatility due to the war in Iran; however this stellar performance in equities was offset by an unexpected drop in FICC revenues. Here are Goldman's Q1 results in a nutshell: EPS $17.55, exp. $16.41 Net revenue $17.23 billion, +14% y/y, exp. $16.95 billion Equities sales &...
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