World Bank Warns Iran War Is Slowing Global Growth www.nytimes.com/2026/06/11/b...
RBADVISERS:
“.. Sorry folks, it ain’t just the war. The SuperCore PPI (i.e., no food, energy or trade) has been accelerating for 11 months.”
ianal, but the longer they don’t issue Cook the more I start thinking they’re going to let him fire her.
What's extra cool about the President saying he's escalating the failed war he illegally started is that it also might not be true, the President constantly delivers empty threats and lies about everything. 🤷♂️
Kill me
"Are the Iranians whom you've been negotiating with for several weeks in the room with us now, Mr. President?"
* Lagarde: Decision To Raise Rates Was Unanimous, No Other Option Debated
* Lagarde: Starting To See Energy Shock Broadening Throughout The Economy
* Lagarde: Rate Rise Was Not An Insurance Move
(via DJ)
Tough PCE translation yet again with core inflation set to rise to 3.4% y/y or 3.5%. Tariffs fade but oil pressures travel costs, health care cuts mean premium increases, AI pressures IT products, a broadening set of impulses that makes it harder to look the other way
Catherine Rampell
Catherine Rampell
Kai Ryssdal
Carl Quintanilla
Max Kennerly
Kai Ryssdal
Carl Quintanilla
Ivan the K ™
Trump announces the US is planning to invade Iran.
