September 10
Why Did Qatar's Air Defenses Fail During Israel's Attack? | RT
The Patriots were simply turned off by the US. This shutdown feature is problematic: Turkiye refused to purchase the Patriot specifically because the American side could disable these systems at any moment, and therefore preferred the S-400.
Trading Economics | ForexLive | Google | WSJ | Yahoo
Atlanta Fed GDPNow growth estimate for Q3 rises to 3.1% from 3.0% previously
Producer prices unexpectedly fell 0.1% in August, while July’s increase was revised lower.
Core PPI also fell 0.1%
10Y dropped to a five-month low of 4.04% on softer inflation and strong demand in the last auction.
Both headline and core producer prices in the US unexpectedly dropped in August, raising hopes of disinflation for consumers. The central bank is due to restart its cutting cycle next week with a 25bps cut, although the softer PPI print and pessimistic signals from the August jobs report drove a small portion of the market to position for a 50bps cut. Still, the yield curve continued to steepen.
S&P FX Gold Oil 10Y 30Y ZBU5
S&P is up 0.33% | 1:40
USD is unchanged. Is bottom in?
10Y down to five-month low of 4.035%
ZBU5 is up 19/32
Gold is up $19
Inflation is expected to have accelerated in August
CPI to be up 0.3% (2.9% y/y). Core CPI to be up 0.3% (3.1% y/y}
Goldman Sachs: core CPI seen rising 0.36% m/m, pushing the annual rate to 3.13% | Forex
Headline CPI is forecast to climb 0.37% m/m
Fake Numbers Caused People To Believe In Fake Economic Prosperity
2 million jobs from the last 3 years of Biden admin have been revised away despite biggest debt issuance spree on record.
Why wait so long for benchmarking? | Wolf
Based on employers’ quarterly payroll filings. Why wait so long for revisions? Do it quarterly!
Has the political risk-benefit analysis on vaccines now changed?
Long ago, the masses reached the conclusion that, true or not, they would personally benefit if they went along with the majority or consensus view on any topic - especially a subject dealing with “life and death.”
Black men make up only 6% of the population, but commit 51% of the murders | Debt
Dems Warn Surveillance Videos Perpetuate Stereotypes By Accurately Depicting Events | Bee
When does murder get ignored? When the victim is white and the killer black | RT
A toxic empathy with miscreants and ‘victim’ groups has wrecked liberals’ moral compass | Spiked
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