Let's get the final big economic data point of the week when you miss with Rick Santali. Hey Rick. >> Yeah, you know this has a whiff of stagflation to it folks.University of Michigan sentiment and all the inflation numbers the preliminary SE but could still change 55.4% in headline. We're expecting a number well north of that and rearview mirror 582. So sequentially lower lowest since May of 25 612 on current conditions. Same scenario, less than expected, less than last look, sequentially lower, also the l ...

Always see some bad news here. The University of Michigan sentiment index, preliminary for September, falls to 55 four from 58 two. That was not expected.It was only a small drop to 58. Was the consensus forecast. Current conditions 61 two from 61 seven expectations, 51 eight from 55 nine.So a real deterioration in Americans views of the economy. The one year inflation index is unchanged, however, at 4.8% and the 5 to 10 year inflation number at 3.9% goes up four ticks from three and a half percent. So peop ...

Under surveillance this morning, the race to replace Fed Chair Jay Powell. I'm not really sure what the Federal Reserve is looking at, because thus far we've seen very little, if any, price pressures from the tariff. We are getting the process underway.Obviously, it's going to be President Trump's decision and we're not in a rush. There's a long, long list. And like I said, there's some great candidates.So here's the latest this morning. The US Treasury Secretary Scott Benson, looking to expand the list of ...

Morgan Stanley economists see the Fed cutting rates at four straight meetings through January amid slowing inflation and a weak labor market https://t.co/0ehkXIq4Nq ...

There’s currently no need for the European Central Bank to lower interest rates further to deliver stable inflation, according to Governing Council member Christodoulos Patsalides https://t.co/jQRrbQunfc ...

Gold's climb to an inflation-adjusted record puts a spotlight on Bitcoin's ability to maintain momentum, QCP says.Read more: https://t.co/g9S7R783KC ...

Let's stay on the market here. Bring in our first guest who says CPI numbers are worrisome but not scary and that inflation continues to rise but it's not scorching hot. Joining us now is Wells Fargo Securities head of macro strategy Michael Schumacher.Michael, great to see you. Um, does today's data, whether it be claims or CTI, change your expectations at all. No.Look, September's baked in. I think that's pretty clear. To me, the much more interesting thing is what's the long-term prognosis for the Fed.An ...

RT Bloomberg Opinion (@opinion)@BBGIntelligence @JonathanJLevin @AllisonSchrager “The [inflation] contribution from core goods have been ticking up. If you’re expecting to see tariff contribution anywhere, that’s where you'd see it,” says @JonathanJLevin.Tune in for CPI Day 🎥https://t.co/ILZTV05tN5 ...

BREAKING: 🇺🇸 US inflation rises to 2.9%. ...

Joining us right now is our special guest, David Rubenstein. He's co-founder and co-chairman of the Carile Group. He's also the owner of the Baltimore Orioles.And David, there are so many directions we could go with you. I was thinking about starting with inflation because we have a consumer price index coming up in a about an hour and a half. But you sat down and started talking about some numbers that you looked back.We're celebrating our 30th anniversary and you looked back 30 years ago. Uh what struck y ...