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US Manufacturing Hits 49-Month High As 'Input Costs Show Signs Of Cooling'
US Manufacturing Hits 49-Month High As 'Input Costs Show Signs Of Cooling'
This morning we found out that Euro-area business activity shrank less than anticipated in June (Services up/beat, Manufacturing down/miss).
S&P Global’s Composite PMI rose to 49.5 from 48.5, topping estimates but remaining below the 50 mark that indicates growth.
"The eurozone economy is showing enough resilience to just about stay out of recession. "
However, the UK’s economy contracted for a second consecutive month (both Services and Manufacturing lower), with its PMI slipping to a 14-month low.
"A disappointing June ‘flash’ PMI...
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Alastair Crooke: Russia Hearing The European Clamor For War, Announces It's Ready
Alastair Crooke: Russia Hearing The European Clamor For War, Announces It's Ready
Authored by Alastair Crooke
The de-escalation framework that unfolded in the US-Iran Lucerne talks largely stayed true to the original Iranian 10-point plan. Meanwhile, President Trump and Vice-President Vance deliberately muddy the waters, claiming that Iran has already agreed to IAEA inspections of Iran’s nuclear facilities (a claim repeatedly denied by Iran): Vance announced that the IAEA could have begun inspections this week. No – – the “Framework” only refers to the possible IAEA supervision of the dilution to...
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The Six Vectors Of Gold Remonetization Revealed
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Authored by Ronnie Stoeferle via VonGreyerz.gold,
A look at monetary history reveals that the question of “sound money” was never purely academic in nature but has always been of central importance for economic stability and social order. The past five decades of the pure fiat experiment are, measured against 5,000 years of monetary history, a brief anomaly. And anomalies tend to be corrected.
Our thesis of a remonetization of gold may seem bold at first glance, which makes a clear conceptual framework all the more important. Those...
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Jul 14, 2026 / Tyler Durden
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Shares of struggling EV maker Lucid plunged as much as 49% after auto-industry news website Electric-Vehicles.com reported that the company is working with restructuring adviser AlixPartners to evaluate strategic options, including a potential take-private transaction or a Chapter 11 bankruptcy filing.
Lucid (LCID) considering going private or chapter 11, according to https://t.co/lDDwzdDPdL
LUCID DOWN 45%
— zerohedge (@zerohedge) July 14, 2026
Lucid EV
Here's more from the report:
According to the sources who spoke on condition of anonymity because the review is strictly confidential, AlixPartners is...
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