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UMich Sentiment Extends Bounce From Record 46-Year-Lows As Gas Prices Ease
UMich Sentiment Extends Bounce From Record 46-Year-Lows As Gas Prices Ease
Having rebounded from record (46 year) lows in June, University of Michigan's preliminary July Sentiment survey was expected to show further improvement as gas prices fell since the US-Iran 'peace' MoU signing (before rising modestly in the last few days of the reignited conflict).
And indeed it did, headline Consumer Sentiment jumped from 49.5 to 54.4 (51.0 exp) - its highest since February...
"With the second straight month of 10% jumps," said UMich Dirctor of Surveys, Joanne Hsu, pointing out that "consumer...
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Aug 2, 2026 / Dave DeCamp
Ukrainian Drone Barrage Kills at Least Six in Russia, Including 13-Year-Old Girl
Ukrainian forces launched another major drone swarm into Russia on Sunday, killing at least six people, according to reports from The Associated Press and Russian media. According to Alexander Shuvayev, the acting governor of Russia’s Belgorod Oblast, one drone hit near a playground, killing a 13-year-old girl and wounding a seven-year-old and a nine-year-old. “I […]
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Jun 2, 2026 / Jason Ditz
Israeli Troops Raid Syrian Village, Capture Local
Israeli ground troops launched a new incursion into the southwestern Quneitra Governorate in Syria on Tuesday, raiding the Ain Zivan and capturing a local man before withdrawing. The IDF has yet to comment on the operation, and the fate of the captive remains uncertain. This raid early on Tuesday followed a flurry of operations on […]
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Aug 28, 2026 / Tyler Durden
Watch Live: Fed Chair Warsh Delivers Keynote Address At Jackson Hole
Watch Live: Fed Chair Warsh Delivers Keynote Address At Jackson Hole
Nothingburger or market upheaval?
Fed Chair Kevin Warsh will deliver his first keynote address at the Kansas City Fed’s Jackson Hole Economic Policy Symposium this morning.
As we highlighted in our extensive preview, Warsh noted at the July FOMC meeting that his remarks could go in one of two directions: a “big-picture speech” or a “more traditional set up for all the action we’re going to have between September and December.”
How much will Kevin Warsh say in Jackson Hole today? That's the...
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