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Services Costs Drag Fed's Favorite Inflation Signal To 3-Year Highs, Savings Rate Holds Near Lows
Services Costs Drag Fed's Favorite Inflation Signal To 3-Year Highs, Savings Rate Holds Near Lows
After accelerating in March and April, The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - was expected to rise once again in May.
And it did with the crucial inflation signal up 0.3% MoM (as expected) and up 3.4% YoY (as expected) and at the highest level since Nov 2023...
Services costs picked up again with Durable goods flat and...
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Apr 27, 2026 / Tyler Durden
"Resurgence Of Electrification": Goldman Says EV Demand Gaining Momentum Amid Fuel Price Shock
"Resurgence Of Electrification": Goldman Says EV Demand Gaining Momentum Amid Fuel Price Shock
There were early signs during the third week of the U.S.-Iran conflict that EV demand was gaining traction in Asia, where the energy shock has been felt the hardest. That was followed by a separate note earlier this month confirming that EV demand was beginning to reaccelerate.
Now, Goldman analysts led by Kota Yuzawa see global EV demand gaining momentum after several years of muted demand, as the fuel-price shock at the pump pushes consumers back toward EVs.
Yuzawa...
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Apr 17, 2026 / Joshua Mawhorter
Jesus and the Christian Socialist’s Problem of Evil
Those who invoke Jesus for socialism face a tension: if the power to end suffering creates a moral obligation, then the Jesus who healed many but not all appears, by that standard, either unwilling or unable.
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Apr 4, 2026 / Tyler Durden
The Tyranny Of Compelled Speech
The Tyranny Of Compelled Speech
Authored by George Ramsay via The Epoch Times (emphasis ours),
While censorship is often the main focus of discussions about free speech, there’s a related phenomenon that can do just as much damage to a free society. Not by preventing people from saying things they believe in, but by forcing them to say things they do not.
A scoreboard shows a message declaring an indigenous land acknowledgement before an NHL hockey game between the Montreal Canadiens and the San Jose Sharks in Montreal on Oct. 19, 2021....
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