BREAKING: Month-over-month US PPI Inflation officially rises +1.5% in April, marking the biggest monthly jump in inflation since March 2022.
All of the data is very clear: consumers are about to face another wave serious pressure on spending power.
BREAKING: The Federal Reserve is asking major US banks for details about their exposure to private credit following a surge in redemptions from the funds and a rise in troubled loans in the industry, per Bloomberg
BREAKING: Trump has told the UK and other countries 'go get your own oil' from Strait of Hormuz
"You'll have to start learning how to fight for yourself, the USA won't be there to help you anymore, just like you weren't there for us."
NEW - Israeli police blocked Cardinal Pizzaballa, Head of the Catholic Church in the Holy Land, from entering the Church of the Holy Sepulchre to celebrate Palm Sunday Mass, the first time in centuries that the heads of the Church were barred from celebrating Palm Sunday Mass at the Church of the Holy Sepulchre.
BREAKING: The US Federal Reserve is now no longer expected to cut interest rates until December 2027.
There is now a 51% chance of an interest rate HIKE by March 2027.
Rate HIKES are now more likely than rate CUTS.
How did we end up here?