💥BREAKING:🇺🇸 U.S. INFLATION HITS 1.65%RATE CUTS ARE COMING! 🚀 https://t.co/qVWuvb6Bbw ...

A new piece in the New York Times looks at examples of when political leaders meddle in government data, proving it rarely ends well. The article reads in part, quote, "There is the case of Greece, where the government faked deficit numbers for years, contributing to a debilitating debt crisis that required multiple rounds of bailouts. The country then criminally prosecuted the head of the statistical agency when he insisted on reporting the true figures, further eroding the country's international standing ...

💥BREAKING:🇺🇸 U.S. INFLATION HITS 1.65%RATE CUTS ARE COMING! 🚀 https://t.co/BvXS4wPyND ...

mattress by avocado. Dream of better. >> Joining us now to talk markets and more is Tom Lee, head of research at Fundstrat, chief investment officer of Fundstrat Capital.He's also the chairman of Bitmain as well as a CNBC contributor. We've got some new stuff to factor into your your either bearish or bullish case. I assume it's still somewhat bullish, but okay, the economy looks like it may actually be slowing a little bit.Last week the markets definitely retrenched. You know you've been solidly bullish si ...

Let's start perhaps with the data side of things. Is there going to be a market fallout. It doesn't appear as though right now, but there is going to be a ripple effect and can we trust the data going forward.So, I think the next few days after you're seeing a considerable degree of surprise on Friday, you you very likely will see some market reaction. You're not going to solve this overnight because this is a revision off of several months of data. and the markets were caught by surprise in an environment ...

Turkish inflation slowed more than expected last month, giving a boost to monetary policymakers after last month’s decision to resume interest-rate cuts https://t.co/chIiyeEvdK ...

Swiss inflation unexpectedly accelerated, a reading that will be welcomed by policymakers mulling whether to reintroduce negative rates https://t.co/S2H22uF29o ...

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Move over eggs. Beef is the new highly inflated grocery store item on the shelves. Prices have increased over 8% so far this year, hitting $926 per pound.What we saw was a drought two or three years ago. Low prices really hurt their performance in terms of their profitability. And today they're just short cattle and it's going to take two or three years to fix the problem.We used to be kind of a net neutral for exporting importing beef. Right now we're 8% of our supply is coming from overseas. That's not no ...

Joining me now is Jared Bernstein, former chairman of the Council of Economic Adviserss and former chief economist and economic policy adviser to Vice President Joe Biden. Uh Jared, President Trump lashed out against the weak jobs market or jobs numbers, I should say, that were reported for July. He railed against the downward revisions from May and June.They were pretty significant. According to Axios, a top economic adviser to the president called the data quote very unreliable. Let's set aside for a mome ...