03/13/2025
<[link removed]>



Core Producer Prices Tumbled Most Since COVID Lockdowns In February
<>
Following yesterday’s slower than expected rise in consumer prices, this
morning we see producer prices following a similar path with Core PPI dropping
by the most MoM since April 2020 (-0.1% MoM vs +0.3% exp), slowing the annual
pace of change for producer prices to +3.4%… Source: Bloomberg The headline PPI
was unchanged MoM (considerably […]
Read more
<[link removed]>



Futures Slide Ahead Of PPI As Democrats Prepare To Shut Down Government
<>
US equity futures are again lower, although well off session lows, with small
caps leading and tech stocks lagging as concerns over whether Democrats will
push the US into a government shutdown over the weekend added to uncertainty
around the outlook for the economy. As of 8:00am, S&P futures contracts fell
0.4%, in an extremely illiquid […]
Read more
<[link removed]>



Putin Rejects US Temporary Ceasefire Plan, Appears In Military Fatigues
<>
Russia has rejected the US-proposed 30-day ceasefire which came out of the
Jeddah meeting with Ukraine, describing that it would only allow Ukrainian
forces to regroup. “This is nothing other than a temporary time-out for
Ukrainian soldiers, nothing more. Our goal is a long-term peaceful resolution,”
Yuri Ushakov, a senior aide to Russian President Vladimir Putin, […]
Read more
<[link removed]>



More Washington Post Staffers Resign Over Bezos’ Mismanagement And
Authoritarian Ass Kissing
<>
from the driving-another-institution-straight-into-the-ground dept Last month
U.S. oligarch Jeff Bezos gutted what was left of the paper’s op-ed section,
declaring that they’d only publish pieces that supported “personal liberties
and free markets” (read: kinder to right wing, corporatist ideals). As Mike
noted at the time, it was an obvious trampling of editorial discretion by
billionaire […]
Read more
<[link removed]>



Euro Dips As Trump Threatens 200% Tariff On EU Alcohol
<>
Another day, another tariff-based headline… President Trump threatened to
enact a 200% tariff on European wine, champagne and other alcoholic beverages,
the latest escalation in a brewing trade war between the US and the EU. The
president in a social media post on Thursday said that he would move forward
with the import duties if […]
Read more
<[link removed]>
Unsubscribe
<[link removed]>
|Mark as Junk
<[link removed]>