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The new normal in Europe? 2 recent attacks on Germany's power grid never made it to US headlines. The attacks caused intra-day prices to briefly surge to EUR 4,500/MWh. x.com/Frank_Stones/s…

Fed's outspoken Waller didn't get the memo on seizing forward guidance.
Well, he might argue he only said that he is glad inflation is finally coming down in earnest and, if confirmed by coming data, he's inclined to hold rates. That last bit is the forward guidance part --

Once candidate to succeed Lagarde, ECB's @Isabel_Schnabel is now rumored to leave the ECB. A pity, I learned to appreciate her increasing independence at the ECB. In February, she still denied she might leave early. Some had argued that her 8 year term is running out, but she

Wells Fargo's login page promotes personal loans to cover wedding costs.

What's wrong with this, anyone?

I recently stumbled across @emmma_camp_ -- a fresh voice to, amongst others, highlight the insanity of rent control. She's the type of voice anyone looking to spread the gospel of free markets should follow.
x.com/emmma_camp_/st…

Folks are starting to understand Warsh. He said recent inflation numbers did not convince him inflation is coming down at a sufficient pace. It rightfully increases odds of a rake hike, but does not mean he will necessarily raise rates. It's a reflection as to where we are. 👏

Who says markets are efficient - took almost 2 hours to have a hawkish Fed sink in. $gold -2.5% now intra-day.

When "everyone" says Warsh is a dove, some started to believe it. x.com/AxelMerk/statu…