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UMich Inflation Expectations Spike To 3-Year Highs

Following June's dip in 'hope', UMich Sentiment was expected to improve in preliminary July data but it disappointed in most aspects. Headline Sentiment rose from 98.2 to 98.4 (but missed 98.8 exp) Current Conditions dipped from 111.9 to 111.1 (missing 112.8 exp)...

Blain: “FANG Becomes FAG”

Blain's Morning Porridge, submitted by Bill Blain “I don’t know, lad. It’s like no cheese I’ve ever tasted. Let’s try another spot. ” Tomorrow is the 50th anniversary of Man on the Moon. Extra points for anyone who gets this morning’s moon connected quote. This...