UMich 'Current Conditions' Sentiment Crashes To Record Low As 'Independents' Lose Faith

ISO New England Trims 10-Year Forecast Based On Electrification Outlook By Robert Walton of UtilityDive Electricity consumption in New England will grow about 9% over the next decade, driven by electrification of buildings and vehicles, the region’s independent system operator said in an annual report published Friday. While significant, the rise in consumption is lower than its forecast in the two previous reports, reflecting changes in “government policy,” ISO New England said. The “2026-2035 Forecast Report of Capacity, Energy, Loads, and Transmission,” or CELT report, estimates annual consumption will rise from 116,679...

From ISIS To Finance Bro: Syria's Sharaa To Attend G7 Summit In France Syria continues stepping out of the geopolitical wilderness, now apparently onto the highest-stakes stage in international finance. Or rather, the reality is that Washington's post-Assad Al Qaeda in suits makeover of 'former' terror leader Ahmed al-Sharaa has reached its peak. According to a Reuters report on Thursday, self-appointed Syrian President Ahmed al-Sharaa (Jolani) is set to lead a national delegation to the G7 summit in France next month. HTS leader Ahmed Al-Sharaa, now self-declared President, also known as Abu Mohammed...

Sin(a)tra By Michael Every of Rabobank Sin(a)tra Let’s be Frank: the central banker pow-wow at Sintra had a touch of Sinatra. Fed Chair Warsh belted out “I’ll do it MYYYYYY way,” and everyone else chimed in that they’d had a few regrets about how they’ve run monetary policy and were coincidentally now mentioning them. Markets swooned when Warsh stated the case for Fed independence and that anyone expecting tolerance for inflation above 2% “would be disappointed.” Yet he also sang with an AI autotune. While the current “AI shock” is driving a boom in...