Minneapolis Fed's Kashkari Says US Inflation Is Spreading Beyond Oil Across Economy
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said inflation pressures in the US are spreading beyond the oil-price shock stemming from the »
Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames ‘lower happiness’
Goldman Sachs identified a potential culprit for sour consumer sentiment readings: A decline in happiness. The consumer sentiment index tracked by the University of Michigan hit »
‘They’re Misdirecting Everyone’: What BRICS Is Really Building Behind the Scenes | Andy Schectman
Energy Giants Are Betting Billions on a World of Longer Oil Routes
XRG is reportedly considering buying up to 50% of $3-billion Energos Infrastructure. Shipowners are simultaneously ordering VLCCs at a record pace, with 164–217 orders »
Treasury Yields of 2 Years & 3 Years Spike toward 5%, but 10-Year Holds at 5%, Yield Curve Bulges: Some Thoughts on What’s Brewing
The 3-year Treasury yield spiked by another 14 basis points this week – the week of the Fed’s hawkish rate hike – and by 56 basis »