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Don Curren 🇨🇦🇺🇦 @dbcurren.bsky.social@bsky.brid.gy · Jul 30, 2026
1 BMO: #Markets are steady this morning after yesterday's closely-watched #FOMC decision, and with #WTI #oil prices little changed just under $85. The #FederalReserve left rates unchanged, as expected, although the market was priced for the off chance of a tightening move … 🧵
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · Jul 14, 2026
The Copenhagen Post | US inflation has taken a surprising dip by Ritzau AI generated summary, Read the full article for complete information. US inflation fell more than expected in June, with consumer prices rising only 3.5 % year‑on‑year, down from 4.2 % in May and below the 3.8 % forecast, a drop largely driven by a 5.7 % fall in energy costs; according to Kristian Skriver, head of macroeconomics at Dansk Erhverv, the softer data should give Federal Reserve policymakers greater confidence to keep interest rates at their current level. Read more: https://cphpost.dk/2026-07-14/global/us-inflation-has-taken-a-surprising-dip/ #KristianSkriver #DanskErhverv #FederalReserve #global
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · Jul 14, 2026
NBC News Top Stories | Even if inflation cooled in June, experts say price pressure isn’t over by Steve Kopack AI generated summary, Read the full article for complete information. Even though the June consumer‑price index is expected to show a modest dip thanks to falling energy costs, economists warn that overall inflation will remain a persistent problem as price pressures shift from oil and gas to other sectors. After a brief post‑MOU slump, crude and gasoline prices have rebounded, while dwindling storage supplies threaten further spikes. At the same time, a rapid expansion of artificial‑intelligence data centers is driving a surge in demand for memory chips, prompting tech giants such as Apple, Microsoft and Google to raise product prices and fueling broader “price stickiness.” Core inflation—excluding food and energy—is barely easing, keeping the Federal Reserve on alert; officials say a hotter‑than‑expected reading could prompt another rate hike before the July 29 decision. Read more: https://www.nbcnews.com/business/economy/june-cpi-inflation-oil-prices-ai-rcna587311 #ChristopherWaller #Apple #Microsoft #Amazon #FederalReserve
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · Jul 13, 2026
CounterPunch.org | Kevin Warsh, Fed Transparency, and Corruption by Dean Baker AI generated summary, Read the full article for complete information. In this June 22, 2026 article Dean Baker examines the implications of President Trump’s appointment of Kevin Warsh as the new Federal Reserve chair, noting the paradox between Warsh’s past reputation as an inflation hawk who opposed expansionary policy during the Great Recession and Trump’s expectation that he will lower interest rates. Warsh has pledged to shrink the Fed’s balance sheet by selling trillions of bonds, a move that would likely push long‑term rates—affecting mortgages and car loans—higher, potentially contrary to Trump’s goals. More concerning to Baker is Warsh’s stated intent to roll back the recent trend toward Fed transparency, reversing the openness introduced by Greenspan, Bernanke, Yellen, and Powell. By limiting public disclosure of policy discussions, Warsh could create fertile ground for insider trading and corruption, echoing the broader “Trump‑style” corruption the author argues characterizes the administration’s second term. The piece concludes that Warsh’s approach threatens both economic stability and the integrity of the central bank. Read more: https://www.counterpunch.org/2026/06/22/kevin-warsh-fed-transparency-and-corruption/ #KevinWarsh #DonaldTrump #FederalReserve #OpenMarket #WayneAngell
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · Jul 13, 2026
The Atlantic | Alan Greenspan Was ‘Not Quite God’ by Annie Lowrey AI generated summary, Read the full article for complete information. Alan Greenspan, who died at 100, shaped the Federal Reserve’s reputation for independence and stability during his 1987‑2006 tenure, steering the economy through Black Monday, the early‑1990s recession, the dot‑com bubble and the Asian financial crisis while fostering a prolonged period of price stability and “great moderation” that bolstered public confidence; his understated, sometimes cryptic communication earned him a semi‑mythic “not quite God” status, but his faith in lightly regulated markets left the Fed vulnerable to the 2008 crisis his successor Ben Bernanke inherited, and although later chairs such as Jerome Powell acted decisively during COVID‑19, the era’s growing anti‑institutional sentiment and partisan politics now threaten the very independence Greenspan fought to preserve. Read more: https://www.theatlantic.com/ideas/2026/06/alan-greenspan-fed-independence/687687/?utm_source=feed #AlanGreenspan #FederalReserve #Fed #BenBernanke #UnitedStates
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theguardian_us_news
US news | The Guardian @theguardian_us_news@halo.nu · Jul 02, 2026
US employers added 57,000 new jobs in June – less than what economists predicted https://www.theguardian.com/business/2026/jul/02/us-job-growth-slowed-june #UsUnemploymentAndEmploymentData #Economics #Business #UsEconomy #FederalReserve
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Nonilex
Nonilex @Nonilex@masto.ai · Jun 29, 2026
Woo hoo! #SCOTUS allows #LisaCook to remain at #Fed in another loss for #Trump The Supreme Court on Monday rejected Trump’s attempt to immediately fire #FederalReserve Governor Lisa Cook. Chief Justice John Roberts wrote the opinion for a 5-4 majority. #law #Independence #economy #democracy https://www.cnn.com/2026/06/29/politics/live-news/supreme-court-issues-opinions?post-id=cmqzaxggj00083b6san25wpwi
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · May 27, 2026
CounterPunch.org | Bursting the AI Bubble: the Fed Could End the “Who Could’ve Known” Defense by Dean Baker AI generated summary, Read the full article for complete information. Dean Baker argues that, like the 1990s tech bubble and the 2000s housing bubble, the emerging AI bubble will cause massive financial and economic damage, yet the responsible investment managers rarely face consequences because they hide behind the “who could have known?” defense—pointing to peers who made similarly reckless bets. He suggests that the Federal Reserve, with its sizable staff of economists, could help deflate the bubble by publicly assessing whether current stock market valuations are consistent with realistic GDP‑growth and profit projections; such an official judgment would force fund managers to justify their price targets rather than shrug them off as inevitable market folly. While this approach could curb speculative excesses, Baker doubts the new Fed chair will pursue it, fearing political considerations will outweigh the need for market discipline. Read more: https://www.counterpunch.org/2026/05/27/bursting-the-ai-bubble-the-fed-could-end-the-who-couldve-known-defense/ #Enron #FederalReserve #economics
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · May 22, 2026
US Top News and Analysis | Ross, TJX, and Walmart reveal how the real engine of the U.S. economy is doing AI generated summary, Read the full article for complete information. The article explains that the strong performance of off‑price retailers such as Ross Stores and TJX signals growing consumer frugality, even as shoppers across income levels are still spending. Ross Stores posted same‑store sales up 17 % and beat earnings expectations, while TJX reported 6 % comparable growth driven by higher basket size and more transactions. Walmart, however, warned that fuel purchases at its stations fell below ten gallons for the first time since 2022, reflecting pressure from high gasoline prices, though it maintains overall business strength. A recent consumer‑sentiment survey hit a record low, underscoring strain on lower‑income households, while premium brands like Deckers (Hoka, Ugg) still see healthy demand. The piece notes that upcoming earnings from other retailers—including Burlington, Capri Holdings, Abercrombie & Fitch, American Eagle, Gap, Kohl’s, and Costco—could reveal how different income cohorts are reacting to high fuel costs and broader economic conditions, which may influence the Federal Reserve’s interest‑rate decisions. Read more: https://www.cnbc.com/2026/05/22/ross-tjx-and-walmart-reveal-how-the-real-engine-of-the-us-economy-is-doing.html #Ross #TJX #Walmart #FederalReserve #KevinWarsh
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · May 22, 2026
US Top News and Analysis | Surge in 'risk-free' treasury yields sends bond investors in search of better opportunities AI generated summary, Read the full article for complete information. The recent surge in long‑dated U.S. Treasury yields— with the 10‑year hitting its highest level in more than a year and the 30‑year reaching a post‑2007 peak— is being driven by renewed inflation fears, geopolitical tension and expectations that the Federal Reserve, now led by new chairman Kevin Warsh, will keep rates higher for longer and may even raise them. This volatility has prompted analysts like JoAnne Bianco of BondBloxx to warn that Treasuries are no longer a “risk‑free” safe haven and to recommend investors shift to the intermediate part of the curve (5‑ to 7‑year notes) for steadier returns, while also seeking income opportunities in investment‑grade BBB corporate bonds— which historically offer a yield premium with low default risk— and high‑yield issuers that currently show strong earnings, tight spreads and solid credit fundamentals, suggesting defaults should remain well below long‑term averages. Read more: https://www.cnbc.com/2026/05/22/treasury-yields-bonds-investing-fed-rate-hikes.html #KevinWarsh #FederalReserve #HSBC #JoAnneBianco #USTreasury
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · May 21, 2026
Times of India | US mortgage rates hit highest level in nearly nine months, borrowing costs rise for homebuyers AI generated summary, Read the full article for complete information. US mortgage rates rose this week to their highest level in nearly nine months, with the average 30‑year fixed rate climbing to 6.51% from 6.36% and the 15‑year rate increasing to 5.85% from 5.71%, although both remain below the levels seen a year ago. The uptick follows heightened volatility in energy markets after the Iran‑Hormuz conflict, which pushed crude prices higher and fed expectations of inflation, while also reflecting broader influences such as Federal Reserve policy, government debt concerns and a jump in the 10‑year Treasury yield to 4.6%. Higher long‑term borrowing costs are expected to raise monthly mortgage payments and curb home‑buyer affordability, contributing to a slowdown in housing activity; mortgage applications fell 2.3% to a five‑week low and more borrowers are turning to adjustable‑rate mortgages, now accounting for about 10% of applications. Despite the tighter credit environment, some markets are seeing modest relief from increased inventory and lower listing prices, particularly in parts of the South and Midwest, offering limited opportunities for buyers willing to act in the spring season. Read more: https://timesofindia.indiatimes.com/business/international-business/us-mortgage-rates-hit-highest-level-in-nearly-nine-months-borrowing-costs-rise-for-homebuyers/articleshow/131249806.cms #FreddieMac #FederalReserve #USTreasury
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · May 21, 2026
US Top News and Analysis | Treasury yields resume climb as traders monitor inflation risks AI generated summary, Read the full article for complete information. U.S. Treasury yields rose on Thursday as investors refocused on persistent inflation pressures, with the 10‑year note climbing to 4.60%, the 30‑year bond to 5.13% and the 2‑year note to 4.07%. The increase followed a sharp pull‑back the previous day after global bond yields hit multi‑decade highs, and came amid renewed concerns that a potential Iran‑related conflict could drive inflation higher, prompting many Federal Reserve officials to signal further rate hikes. Oil prices also edged higher, with West Texas Intermediate at $99.61 a barrel and Brent at $106.42, reflecting Middle‑East tensions that are weighing on energy markets. Traders await upcoming U.S. housing‑starts and building‑permits data for April, expected to show a modest slowdown in new construction. Read more: https://www.cnbc.com/2026/05/21/treasury-yields-resume-climb-as-traders-monitor-inflation-risks.html #FederalReserve #Brent #Treasury #MiddleEast #us
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · May 13, 2026
Times of India | Who is Kevin Warsh, the former banker set to lead US Federal Reserve? AI generated summary, Read the full article for complete information. Kevin Warsh, a longtime Republican economic adviser and former Federal Reserve governor, has been confirmed as the next chair of the U.S. Federal Reserve after a closely contested Senate vote (54‑45), succeeding Jerome Powell at President Donald Trump’s request. Warsh, who earned a reputation as an inflation hawk but has recently aligned with Trump’s view that AI‑driven productivity can sustain growth without reigniting inflation, will inherit a central bank facing persistent price pressures above its 2 % target and higher energy costs linked to the Iran conflict. Though he promises to keep the Fed independent despite political pressure, internal debate continues over whether rates should stay high to curb inflation or be cut to support the economy. Warsh’s resume includes investment banking at Morgan Stanley, service as an economic aide to President George W. Bush, the youngest Fed governor (2006‑2011), and current work at Stanford’s Hoover Institution; he is also noted for his ties to billionaire investor Stanley Druckenmiller and his marriage to Jane Lauder. Read more: https://timesofindia.indiatimes.com/business/international-business/who-is-kevin-warsh-the-former-banker-set-to-lead-us-federal-reserve/articleshow/131079482.cms #KevinWarsh #DonaldTrump #JeromePowell #JohnFetterman #GeorgeBush #BenBernanke #StanleyDruckenmiller #MorganStanley #FederalReserve #SpaceX # #GeorgeWBush
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · May 12, 2026
Sweden Herald - Latest Sweden News | Inflation and oil prices pressure Wall Street by Sweden Herald AI generated summary, Read the full article for complete information. High inflation and rising oil prices dragged on Wall Street on Tuesday, as U.S. consumer prices jumped to a 3.8 % annual rate in April—the highest level since May 2023—diminishing expectations of a Federal Reserve rate cut in June. Investors also took profits, especially in AI‑related tech stocks, pushing those shares lower, while North Sea crude surged 3.4 % to $107.70 a barrel amid an unresolved Iran conflict. The broader market reflected the pressure, with the S&P 500 slipping 0.2 % and the Nasdaq falling 0.7 %, even as the Dow Jones Industrial Average managed a modest 0.1 % gain. Read more: https://swedenherald.com/article/inflation-and-oil-prices-pressure-wall-street #WallStreet #NYSE #FederalReserve #SP500 #Nasdaq #DowJones #NorthSea #US #Iran #businessnews
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