Key Roles Over Payrolls

Key Events This Week: Core PCE, Global PMIs, Micron Earnings And Fed Talk The main data highlights this week are the global flash PMIs tomorrow, and the US core PCE on Thursday. Elsewhere, other data of interest include the Ifo survey in Germany (Wednesday), Tokyo CPI in Japan (Friday), and CPI reports in Canada (today) and Australia (Wednesday). Also focus will be on the UK where Keir Starmer announced his resignation earlier today and attention will turn on succession planning.  After a hawkish FOMC last week with a clear shift in...

Green Hypocrisy. The Case Of Baltimore's Bresco Waste-To-Energy Incinerator Authored by Geoffrey Pohanka via RealClearEnergy, One definition of hypocrisy is pretending to have beliefs, values, or virtues that your actions do not match. In simple terms, it means saying one thing and doing another. On June 4th, 2024, Maryland Governor Wes Moore signed executive order 01.01.2024.19, Implementing Maryland's Climate Pollution Reduction Plan. It stated Climate change poses an existential threat to the economy, natural resources, and public health for every Maryland resident. Maryland communities, particularly historically marginalized and overburdened communities, are disproportionately...

UK Conservatives Blast Labour North Sea Ban As 'Utter Madness' Authored by Tsvetana Paraskova via OilPrice.com, The current UK government's policy of not allowing new drilling in the UK North Sea is “utter madness” as billions of barrels of untapped oil could benefit the UK industry and reduce Britain’s reliance on imports, Kemi Badenoch, the leader of the opposition Conservative Party, has said. The ruling Labour government of Sir Keir Starmer has recently moved to permanently ban new oil and gas licenses in the UK section of the North Sea, drawing criticism from the...