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Rate-Hike Odds Remain Low As US Producer Prices Print Cooler Than Expected In July
Rate-Hike Odds Remain Low As US Producer Prices Print Cooler Than Expected In July
Following yesterday's cooling (in-line) consumer price inflation data (driven in large part by energy deflation), US producer prices were expected to rebound modestly in July from a 0.3% MoM decline (headline) in June.
Instead, headline Producer Prices were unchanged MoM (cooler than expected), pushing the annual change down from +5.5% to +4.7% YoY...
Source: Bloomberg
Core PPI (Ex Food and Energy) also printed cooler than expected (+0.2% MoM vs +0.3% MoM), dragging Core PPI YoY down to +4.2%...
Final demand...
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Feb 22, 2026 / Tyler Durden
Jim Snow 2.0: Mamdani Requires Snow-Shovel Volunteers Show Two Forms Of ID, Social Security Card
Jim Snow 2.0: Mamdani Requires Snow-Shovel Volunteers Show Two Forms Of ID, Social Security Card
With 2-3 feet of snow predicted to hit New York City and New Jersey, NYC Mayor Zohran Mamdani has called on New York residents to volunteer as emergency snow shovelers.
"You too can become an emergency snow shoveler. Just show up at your local sanitation garage between 8am and 1pm tomorrow with your paperwork," he said during a Saturday press conference before the city's first blizzard warning in nine years.
🚨 NEW: Zohran Mamdani Calls on New Yorkers to Shovel...
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May 16, 2026 / Tyler Durden
Persian Gulf Countries 'Refused' UAE Call For Joint Attack On Iran
Persian Gulf Countries 'Refused' UAE Call For Joint Attack On Iran
Via The Cradle
The UAE tried but failed to persuade neighboring states, including Saudi Arabia and Qatar, to take part in a coordinated military attack on Iran, Bloomberg reported Friday, citing sources familiar with the matter.
UAE President Mohammed bin Zayed (MbZ) spoke by phone with Saudi Crown Prince Mohammed bin Salman (MbS) and other regional leaders to propose the coordinated attacks, shortly after the US and Israel launched the war on Iran on February 28, the sources said.
During the calls, MbZ argued that...
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Apr 30, 2026 / Gustave de Molinari
The Regime of Terror
Molinari describes the inevitable consequences of monopolized security: rising costs, declining quality, and the use of force against the very citizens the government claims to protect.
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