Why On Earth Are They Doing This?

DC Great Again: Historic Columbus Circle Fountain Flows For First Time In Years Authored by Steve Watson via Modernity.news, The Trump administration continues to deliver tangible results in Washington, D.C. Columbus Circle at Union Station is now clean, safe, and beautiful again, with its historic fountain restored and water flowing for the first time in years. The ribbon was officially cut Thursday, and fencing around the circle comes down tomorrow, reopening the space to the public as a polished front door to the capital. Columbus Circle at Union Station in D.C. is CLEAN &...

The Bond Market Already Looked Through The Inflation Headlines Authored by Lance Roberts via RealInvestmentAdvice.com, 💰 May Inflation of 4.2%: Media Narrative Misses Reality The May inflation print landed on Wednesday, and the doom crowd pounced. Headline CPI reaccelerated to 4.2% year over year, the hottest reading since April 2023, and the “inflation is back” choir was in full voice within the hour. I want to push back on that, because two weeks ago I made exactly this argument in “Why The Doom Crowd Is Watching The Wrong Indicator,” and this May inflation print is the clearest...

Porsche Sales Tumble To Weakest In Six Years As Chinese Demand Plummets Days after Germany's top financial newspaper, Handelsblatt, reported that Porsche AG is planning more than 4,000 job cuts, the sports-car maker on Thursday revealed first-half sales figures that were the weakest in six years, with its China business falling off a cliff. For the January to June period, Porsche reported 122,306 vehicle deliveries across global markets, a 16% decline from the same period a year earlier. The first-half slump marked Porsche's weakest sales performance since 2020, with its top market,...