NewsPolitics The Saudi Arabian and Iranian foreign ministers spoke by phone to mark the beginning of Ramadan and have agreed to meet “soon” to start the process of re-opening embassies and consulates, according to Saudi […]
NewsRussia-Ukraine war United States Secretary of State Antony Blinken has dismissed deepening ties between China and Russia as a “marriage of convenience”. Blinken made the comments on Wednesday after Chinese President Xi Jinping and his […]
TotalEnergies admits quietly natural gas is needed – Putin and Xi ink deals – New Yorkers get sticker shock on energy bills due to renewable energy Daily Standup Top Stories Bank Turmoil Could Undermine The […]
Having raised rates by 25bps (as expected) and offered a dovish bias to the statement with regard future rate-hikes, Fed Chair Powell now has the unenviable task of threading the needle between too-dovish (what does […]
Tl;dr: Fed hiked 25bps and maintains QT (as expected), and left the terminal rate (via the DotPlot) unchanged. However, it shifted a slightly more dovish guidance on future policy hikes and an admission that the […]
China’s President Xi Jinping has arrived back in Beijing after his two-day visit with President Vladimir Putin over the China-proposed Ukraine peace plan. On the Ukraine crisis, there was nothing that can be considered a […]
Authored by Yves Smith via NakedCapitalism.com, The incompetence of our financial regulators, most of all the Fed, is breathtaking. The great unwashed public and even wrongly-positioned members of the capitalist classes are suffering the consequences […]
The Fed decision has may have come and gone but the hot takes from Wall Street experts are just starting. Below we excerpt from some of the more notable reactions to the Fed’s latest 25bps […]
Via Global Macro Monitor, Here is a follow-up on last week’s chart with some excellent granular detail. Interest payments on the national debt during the current fiscal year (October to February) are up 29 percent […]
Small biotech company 89bio (ETNB) scored a win Wednesday in fatty liver disease, and ETNB stock rocketed well above its 50-day moving average The company tested a drug called pegozafermin in patients with nonalcoholic steatohepatitis, […]
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