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%. ...

Market Trends & Historical Data - 30 years ago, the Dow started the year under 4,000 and finished around 5,000, compared to today's Dow at approximately 45,000 [2] - 30 years ago, the price of oil was about $11 per barrel [3] - Investors generally view the economy as being in reasonable shape, but are uncertain about the impact of tariffs [21] - The IPO market is loosening up, which is a good sign that the economy is not in big trouble [22] Monetary Policy & Inflation - The market expects the Fed to reduce interest rates by 25 basis points [9][19] - A 50 basis point cut by the Fed would scare the markets, suggesting the economy is weaker than perceived [9] - The Fed's dual mandate includes worrying about both inflation and unemployment [11] - Current inflation is still about 80 basis points above the Fed's 2% target [12] - There is pressure on the Fed to lower interest rates [13] Economic Outlook & Labor Market - The economy is in reasonably good shape, growing reasonably well for its size, though not at 5% annually [14] - The Fed is more likely to reduce by 25 basis points [16] - Unemployment is now a concern, and the economy is weakening a bit [19]

Ghanaian President John Mahama used his first press conference since his election to take a victory lap, celebrating faster growth, slower inflation and a stronger currency https://t.co/7NWo5eR0rl ...