Mark Twain once noted that news of his death was greatly exaggerated.
Everywhere I have looked, market-based indicators have suggested that inflation, as an economic issue, are on life-support.Five-year "inflation breakevens," a bond market measure of future inflation expectations, have plunged more than a full percentage point since peaking at 3.59% in late March.The 10-year note yield is back below 3%, while two-year yields have plummeted to 2.86% on Friday from 3.42% just two weeks.Copper is down 27% from its most recent high.
That's something that will likely return rationality and longer-term stability to financial markets, broadly speaking.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed's preferred inflation gauge fails to calm market fears, leaving 'burden of proof' on inflation optimistsThe latest reading from the Federal Reserve's favored inflation measure, PCE, offers glimmers of hope, but is failing to calm the nerves of investors.
Source: MarketWatch - 🏆 3. / 97 Read more »
Model La'Shaunae Schools Us On Her Favorite Underground Rap Hits.luhshawnays shares all her favorite underground emo-rap hits for your next nocturnal outing. 🎧
Source: NylonMag - 🏆 697. / 51 Read more »
Albi's Dining Room Will Now Only Serve a $95 Prix Fixe MenuNavy Yard hotspot Albi is the latest restaurant to switch to a prix fixe menu amid inflation, supply chain, and staffing struggles.
Source: washingtonian - 🏆 74. / 68 Read more »
How Estrangement Can Echo Through GenerationsHow being ostracized from your family can affect you in ways you might not even notice, writes fernschumer
Source: PsychToday - 🏆 714. / 51 Read more »
Are record corporate profits driving inflation? Here's what experts think.While sky-high inflation has crunched budgets for essentials like gas and groceries, many large corporations have reported record profits, eliciting anger from some everyday people and public officials over price-gouging. Why won’t you cover all stories.. I know why.. you are woke activist media. Mark 9:43-44 And if thy hand offend thee, cut it off: it is better for thee to enter into life maimed, than having two hands to go into hell, into the fire that never shall be quenched: Where their worm dieth not, and the fire is not. Jesus Christ don't want you 2 perish in hell If prices needed to increase due to supply chain issues and staffing shortages, profits would NOT be at record highs, that means the extra money we are paying is going into a bottom line, not where the companies claim that it is needed.
Source: ABC - 🏆 471. / 51 Read more »
Bitcoin Drops to Nearly $19K as Fed Renews Inflation WarningsBitcoin neared the $19,000 level after central bankers renewed inflation warnings on Wednesday at the European Central Bank’s (ECB) annual forum. By shauryamalwa digitalassetbuy shauryamalwa Neloangelo314 shauryamalwa More Sats to the £ the lower Bitcoin goes 💪🏻🙌 shauryamalwa
Source: CoinDesk - 🏆 291. / 63 Read more »