Warsh messing with the algos… says “hike” 3 times in the first 5 paragraphs… Chances of a Fed rate hike at the September FOMC have now risen to nearly 60%

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Warsh messing with the algos… says "hike" 3 times in the first 5 paragraphs pic.twitter.com/wmThgZazaS — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) August 28, 2026 Warsh’s speech was highly anticipated, even after the last Fed policy meeting in July, when economists say he provided a muddy picture about his willingness to raise interest rates to … Read more

Chicago PMI falls to 47.1 and misses badly

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The Chicago Business Barometer plunged to 47.1 in August 2026 from 57.6 in July and missing market forecasts of 58.3. The latest data pointed to a renewed contraction in business activity and the steepest since December 2025. New orders declined sharply, dropping 15.4 points, but still above April’s low. The production gauge slipped 8.8 points, … Read more

That sheriff thinks only liberals don’t like Flock. It’s bipartisan even in Florida.

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Florida Sheriff Compares ‘DeFlock’ Efforts to ‘Defund the Police’ A Florida sheriff dismissed growing concerns over Flock cameras in his community as ignorance, asserting that the AI-powered automated license plate readers (ALPRs) are essential to help solve crimes, and compared efforts to “deFlock” the community to cities who want to defund the police. “Listen, we … Read more

Corporate profits are hitting records while workers are getting a smaller piece

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"US corporate profits surge to record as worker payouts wilt" (FT) byu/librariancap inEconomyCharts U.S. corporate profits just hit roughly $4.8 trillion annualized. That’s 18% of national income, the highest share since the aftermath of WWII. At the same time, employee compensation fell to about 60% of national income, the lowest share since the 1950s. Real … Read more

A few travel tips you’ll wish you knew sooner

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If your period starts unexpectedly while traveling, ask the hotel front desk for pads or tampons before running out to buy them. Many hotels keep them available, sometimes for free. It isn’t universal, so just ask. On a plane, check the lavatory first. Some airlines keep period products in a small compartment near the disposal … Read more

Marvell just showed how AI expectations can crush a great earnings report

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Marvell had a strong quarter. Revenue hit $2.74 billion, up 37%. Data center revenue jumped 46% to $2.17 billion. Adjusted EPS came in at $0.94. Management raised FY2027 revenue guidance to about $12 billion and FY2028 to $18 billion. Then the stock got hammered. Why? Expectations. Marvell’s expanded Google deal could eventually generate up to … Read more

A large fire has been reported near Wembley Stadium in London following reports of an explosion.

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London Energy and the North London Waste Authority had a big hall burn next to the railway. Andy Pennick sent 125 firefighters. Amazon only sat next door. 🚨 LARGE FIRE REPORTED NEAR WEMBLEY STADIUM A large fire has been reported near Wembley Stadium in London following reports of an explosion. Emergency services are responding. The … Read more

Chaos in Florida. Foreclosures spike 300%.

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Florida’s housing market downturn is getting more severe, with foreclosures rising, home values falling, and some sellers now taking losses of $100,000 or more. I traveled to Davenport, Florida, to see what the housing market looks like on the ground. In one neighborhood, I found a lender-approved short sale where the owner bought the home … Read more

Bessent’s t-bill issuance game is one interest rate spike away from destroying the US economy and our way of life.

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Excellent below: Bessent’s t-bill issuance game is one interest rate spike away from destroying the US economy and our way of life. See why below👇 pic.twitter.com/6jMOlQYkup — QE Infinity (@StealthQE4) August 28, 2026 The FFR is now 3.50-3.75%. The bond market vehemently disagrees with this and is putting extreme pressure on Warsh to hike rates. … Read more