Inflation Rises as Expected on The Daily Doom but not Expected by Dull Markets
I don’t have an editorial for you today, due to a seven-hour trip to the UW Medical center to get better info about my diaphragm breathing problems. Some progress in understanding/diagnosis by a diaphragm specialist was finally made with hope down the road of even better understanding through better live imaging and with some hope for the eventual outcome.
So, I’ll share the headlines with everyone today and then tomorrow, will write about the latest inflation facts and whatever other news of interest springs up.
Economania (national & global economic collapse plus market news)
Dow drops more than 200 points after hotter-than-expected CPI report
Chevron will slash up to 20% of its workforce as part of cost-cutting plan
Money Matters (monetary policy, metals, cryptos, currency wars & CBDCs)
In the Face of Flying Inflation, President Calls for Lower Interest Rates
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we’re not quite there yet’
Inflation Factors (due to too much money chasing too few goods)
Consumer prices rise 0.5% in January, hotter than expected as annual rate rises to 3%
US inflation got worse with rising groceries and gasoline prices
With High Prices Persisting, Trump Tempers Tone on Slaying Inflation
Treasury Market’s Inflation Expectations Become “Unanchored”
10-year Treasury yield shoots above 4.6% after hot CPI report
Wars & Rumors of War, Revolts, Hacks & Cyberattacks (+ AI threats)
Zelensky: Ukraine Prepared To Offer Territory Swap With Russia
Global war fears rising among security experts
Putin Invites Trump To Visit Moscow In 'Highly Productive' Call, Ready For Peace
Political Pandemonium & Social Senescence (socio-political issues & events)
Senate confirms controversial Gabbard as Trump director of national intelligence
Tulsi Confirmed As DNI, With Glitchin' Mitch As Lone Republican 'No' Vote
The New NOAA imposes limits on scientists, sparking concerns over global forecasts
At Least 70,000 Federal Workers Have Accepted Buyout Offer: White House Official
Fox News Host: Trump Voters Frustrated by ‘Level of Chaos’
Meet the ‘New Media’ Press at Trump’s White House
Eric Adams owes Donald Trump now — and New Yorkers know it
Globalism & Deep Domination (undemocratic government & censorship)
Microsoft Drops USAID-Funded NewsGuard After Ted Cruz Starts Digging