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Lie of the Day: Trump Hikes China Tariffs By 10%, Says “Trade Talks On Track”
August 1, 2019 Off

Lie of the Day: Trump Hikes China Tariffs By 10%, Says “Trade Talks On Track”

By Mish

Trump says trade talks with China are on track for September. Tariff hikes are proof they aren’t. Stocks reversed.

ISM and Markit PMI On Verge of Contraction: Expect Contraction Next Month
August 1, 2019 Off

ISM and Markit PMI On Verge of Contraction: Expect Contraction Next Month

By Mish

The closely watched ISM and Markit PMI both hover near 50. That is the dividing line between growth and contraction.

9 Legit Interesting Moments in a Very Personal Democratic Debate
August 1, 2019 Off

9 Legit Interesting Moments in a Very Personal Democratic Debate

By Alex Norcia

Barack Obama wasn’t on the debate stage Wednesday night, but he was on everyone’s mind. And for what felt like…

Fed Gets Opposite Response It Wanted: Inversions Strengthen
August 1, 2019 Off

Fed Gets Opposite Response It Wanted: Inversions Strengthen

By Mish

Counting the FF Rate, the yield curve flattened quite a bit but inversions between 3-month and long end widened.

Daily Horoscopes: August 1, 2019
July 31, 2019 Off

Daily Horoscopes: August 1, 2019

By Annabel Gat

Download the Astro Guide app by VICE on an iOS device to read daily horoscopes personalized for your sun, moon,…

July 31, 2019 Off

‘Euphoria’ Is Honest About the Painful, Unglamorous Realities of Depression

By Alex Wexelman

On this Sunday’s episode of HBO’s Euphoria, Rue, in a send-up of noir films, imagines herself as a hardboiled detective…

Rate Cut Odds Shrink Dramatically Following FOMC Decision
July 31, 2019 Off

Rate Cut Odds Shrink Dramatically Following FOMC Decision

By Mish

The odds the Fed Funds Rate would be 1.75% to 2.00% fell from 54.2% yesterday to 0% today.

The Site of One of the Largest US Oil Refineries Is on Fire
July 31, 2019 Off

The Site of One of the Largest US Oil Refineries Is on Fire

By Sarah Emerson

The ExxonMobil complex in Baytown, Texas—home to one of the largest oil refineries in the country—caught fire on Wednesday after…

Burger King Workers Must Be Allowed to Grow Beards, Catalan Government Rules
July 31, 2019 Off

Burger King Workers Must Be Allowed to Grow Beards, Catalan Government Rules

By Jelisa Castrodale

Last November, the Burger King—the actual Burger King—symbolically shaved his beard to show his support for the Movember Foundation, a…

Powell Calls Rate Cut a “Mid-Cycle” Adjustment
July 31, 2019 Off

Powell Calls Rate Cut a “Mid-Cycle” Adjustment

By Mish

According to Fed Chair Jerome Powell, this may not be the beginning of a rate cut cycle.

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