Article
From Forward Guidance To Market Guidance: Warsh's Reflexive Wrecking Ball?
From Forward Guidance To Market Guidance: Warsh's Reflexive Wrecking Ball?
Authored by Nohshad Shah, Citadel Securities EMEA Head of Fixed Income,
The Fed sounds hawkish... but markets are testing the reaction function
Chair Warsh was unequivocal that there is “no soft inflation target”, that five-plus years of above-target inflation cannot be cured by nine weeks of better data, and that this Fed “will not waver”. Yet despite that language…and three members preferring an immediate hike…the FOMC again declined to move.
Warsh instead repeatedly highlighted the large rise in nominal and real Treasury yields since June,...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Aug 30, 2026 / Tyler Durden
Fly British Flags In UK And Face Jail... But Pakistan And Palestine Flags Get A Pass
Fly British Flags In UK And Face Jail... But Pakistan And Palestine Flags Get A Pass
Authored by Steve Watson via Modernity News,
Britain's largest local authority has spent a year treating the Union Flag and the St George's Cross as a public-order problem. On Saturday the picture sharpened again: the legal squeeze now circulating around Birmingham's flag war is being described as a ban aimed at England and the United Kingdom, while other national colours keep their place in the city's official life.
Birmingham City Council has gone to the High...
Read more
Mar 22, 2026 / Tyler Durden
Glitch Shuts Australia's Biggest Maker Of Vital Fertilizer Input For 2 Months At Worst Possible Time
Glitch Shuts Australia's Biggest Maker Of Vital Fertilizer Input For 2 Months At Worst Possible Time
Australia's largest ammonia plant will be shut for two months to repair damage caused by a power outage, amidst a global supply crunch for the vital fertiliser and explosives ingredient.
To say that the shutdown comes at the worst possible time for the global fertilizer market would be an understatement: more than a quarter of the world's traded ammonia flows through the Strait of Hormuz, as do 43% of urea shipments, the fertilizer made from...
Read more
May 14, 2026 / Tyler Durden
Communist Mamdani's Latest Redistribution Scheme: Tax On All New York Homes Over $1 Million Bought With Cash
Communist Mamdani's Latest Redistribution Scheme: Tax On All New York Homes Over $1 Million Bought With Cash
Two days ago crestfallen commie mayor Zohran Mamdani abandoned his desperate plan to aggressively hike property taxes (even more) on New Yorkers following unprecedented pushback (but not before earning the former capitalist mecca a credit rating downgrade warning from most rating agencies). However, since communists who are not redistributing wealth (eventually under the barrel of a gun) are useless communists, it only took Mamdani administration 48 hours before pitching his latest idea how...
Read more




