$250 Oil & 11% Inflation, Worst Case in 2026 – Ed Dowd
Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com warned at the beginning of April that the economy was already rolling over. He »
Nvidia CEO begs execs to stop telling workers they’re fired because of AI
We’ve long had our doubts about tech leaders making boisterous claims about automating jobs with AI. For a while now, executives have raised eyebrows by »
PCE Inflation Surges Further Away from Fed’s Target, now Nearly Double the Fed’s Target, and 5+ Years above Target
The all-items PCE price index jumped by 0.40% in April from March (+4.9% annualized), on top of the 0.66% spike (8.3% annualized) »
Energy inflation has been more persistent than expected, Fed’s Goolsbee tells CNBC
Energy inflation tied to the war in Iran has lasted longer than expected, creating a “stagflationary shock” for Asian economies, Chicago Federal Reserve President Austan Goolsbee »