Rate-Hike Odds Spike As Chair Warsh Tilts Hawkish, Questions AI Productivity Timing, Prefers "Quieter" Fed

The Middle Corridor Emerges As A Strategic Lifeline For Global Trade Via RFE/RL, Global trade is shifting away from vulnerable maritime chokepoints toward overland routes like the Middle Corridor amid rising geopolitical instability A $3.3 billion World Bank-backed investment push aims to address infrastructure gaps and unlock the corridor’s long-term potential While promising, the route still faces major capacity and coordination constraints before it can rival established northern trade flows While diplomatic efforts struggle to stabilize access to the Strait of Hormuz amid tensions between the United States and Iran, Eurasian trade is increasingly being...

Nvidia Slides Despite Blowout Earnings Amid Concerns About Margin Weakness And Future Spending In our preview of NVDA earnings we said that "Nvidia will beat FQ2 (July) revenue estimates by approximately $3-4 billion, with revenue potentially reaching $94-95 bn. The stock, however, will not respond to the beat.... recall revenue guidance has beaten Street consensus by an average of 4% over the past four quarters, while the stock has traded down 3%/5% on average over the subsequent 7/30 days." And boy were we right: despite blowout beats on the top and...

When it comes to foreign policy, what matters are powerful interest groups. The ordinary voters who pay all the bills don't matter. The interest groups pushing for pro-Israel wars in the Middle East are especially powerful.