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Watch Live: Fed Chair Warsh Explains Why He Hiked Rates Into Stagflation
Watch Live: Fed Chair Warsh Explains Why He Hiked Rates Into Stagflation
The FOMC just (unanimously) hiked rates for the first time since July 2023 despite recent inflation prints slowing...
Additionally, recent macro surprises are clearly signaling stagflation - the central banker's nemesis...
So, a hike for credibility... but Warsh’s biggest challenge will be communicating his outlook without reverting to forward guidance, even as markets seek clarity on whether today’s likely move is one-and-done, or the start of a broader tightening cycle.
With investors forced to extract more signal from his language, the press...
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Apr 29, 2026 / Tyler Durden
Your Bank Is Becoming A Casino: River CEO Frames Bitcoin As The Alternative
Your Bank Is Becoming A Casino: River CEO Frames Bitcoin As The Alternative
Authored by Micah Zimmerman via Bitcoin Magazine,
Bitcoin 2026 speaker Alex Leishman used his Nakamoto Stage talk, titled “We’re Not Fixing Money to Build More Casinos,” to deliver a sharp warning that modern finance is drifting toward a gambling model and away from basic banking.
Leishman, CEO of River, said the American dream feels out of reach for many people as housing costs rise, student debt lingers, and wages lag, and argued that this pressure helps explain why prediction markets and...
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Mar 3, 2026 / Tyler Durden
Trump Floats Backing Anti-Tehran Insurgency As Alternative To US Boots On Ground
Trump Floats Backing Anti-Tehran Insurgency As Alternative To US Boots On Ground
It's only day four of the US-Israeli 'Operation Epic Fury' and there's already talks of a ground war and insurgency in Iran.
Of course, the White House is still saying it doesn't plan to send US boots on the ground (though is 'not ruling it out'), while also proclaiming the US wants regime change in Tehran, and the dismantling of the Islamic Republic as a state and system is a formal objective.
But as the Bush Necons learned in Iraq,...
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Jul 16, 2026 / Tyler Durden
Netflix & Spill: Streamer Smashed To 2 Year Low After Forecast Misses Across The Board
Netflix & Spill: Streamer Smashed To 2 Year Low After Forecast Misses Across The Board
It has been a brutal year for NFLX longs, who have seen their favorite stock slide in a straight line since last summer, erasing almost 50% from the July 2025 all time high of $134. And unfortunately for them, it appears this brutality isn't going to end any time soon after the company mangled its Q2 earnings moments ago, reporting mediocre earnings, but more importantly, projecting numbers that missed consensus estimates for both Q3 and...
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