How Long Will Burnham Last?

Core PCE Rises Most In 3 Years; Savings Rate Tumbles As Spending Far Outpaces Income The Fed's favorite inflation indicator - Core PCE - rose 0.3% MoM in January (as expected), a dip from the 0.4% sequential increase in February, with YoY rising by 3.2% (also as expected), slightly higher than the 3.0% in Feb. That is the highest annual increase in Core PCE since Nov 2023.  The headline PCE jumped notably more, as expected since it includes non-core items like energy and food, rising 0.7% MoM (as expected) driving prices up...

Zelensky's Secret Police Being Looked At By Investigators For Monaco Bomb Attack The manhunt continues, chiefly focused in France or also nearby Italy, for the culprit who committed a Monday parcel bomb attack on an exiled Ukrainian oligarch and his family at their luxury apartment building in Monaco. The victims - Vadym Iermolaiev, his 'partner' (or wife, according to contradictory reports) and his 13-year-old child, all survived the bombing, with Iermolaiev and his partner having sustained serious injuries and in critical condition. The suspected would-be assassin was seen fleeing to the French border,...

Mohammad Bagher Ghalibaf, the speaker of Iran’s parliament, said in a post on X on Thursday night that “time is running out” for the US and Israel to honor the ceasefire agreement by putting an end to Israel’s attacks on Lebanon. Ghalibaf’s post included the image of text that outlined three parts of Iran’s position […]