Income and Spending - Personal income decreased by 04% month-over-month, a notable shift from the strong performance throughout 2025 [1] - Spending also declined by 01% month-over-month, falling short of expectations [2] - Real spending experienced a decrease of 03%, contrasting with expectations of remaining near unchanged [3] Inflation Data - PCE increased by 01% month-over-month, aligning with expectations [4] - Year-over-year PCE stood at 23%, precisely as anticipated [4] - Core PCE rose by 02% month-over-month, exceeding expectations by 01% [5] - Core PCE year-over-year reached 27%, indicating a stickiness in inflation [5][6] Interest Rates - The 10-year Treasury yield experienced a decrease of approximately 12 basis points on the week, settling at 426% [7] - The 2-year Treasury yield saw a significant drop of nearly 20 basis points on the week, reaching 372-373% [7][8] - The report suggests that achieving the Federal Reserve's 2% inflation target remains challenging [7]

I'm very excited about about today. I believe this will be a transformational summit. Obviously very much concentrating on the spending, making sure that NATO collectively has the money and the capabilities to indeed given our long term threat of Russia, but also the massive build up of the military in China and the fact that North Korea, China, Iran are supporting the war efforts in Ukraine.It's really important that we spend more so that we'll be number one on the agenda today. A new plan when it comes to ...

One way or another, you have to bring debt the deficit not only in the United States but other places but I'm focusing on the United States down to from a supply demand point of view down to about 3%. So that's the 3% of GDP that that's an amount that the market I think can digest. Um it will um affect also the supply demand.There are when I say three parts I think when we think of budgets we think of taxes and spending um but also interest has a huge effect. um a 1% change in the interest rate, 100 basis p ...