JUST IN: Iranian Supreme Leader Mojtaba Khamenei says the US and Israel "will soon pay" for assassinating of Ali Larijani
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Israel’s Defense Forces said Wednesday that Iran’s intelligence minister, Esmail Khatib, had been killed in a “targeted strike” in Tehran, marking the third assassination of a high-ranking official in just two days.
Iranian President Masoud Pezeshkian confirmed Khatib’s death in a post on X.
“The cowardly assassination of my dear colleagues Ismail Khatib, Ali Larijani, and Aziz Nasirzadeh, alongside some of their family members and accompanying team, has left us in deep mourning,” Pezeshkian wrote.
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Iranian President Masoud Pezeshkian confirmed Khatib’s death in a post on X.
“The cowardly assassination of my dear colleagues Ismail Khatib, Ali Larijani, and Aziz Nasirzadeh, alongside some of their family members and accompanying team, has left us in deep mourning,” Pezeshkian wrote.
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NOW - FED Chair Powell says rising energy prices will push up inflation, and it is too early to judge the magnitude
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Despite their reputation, community college bachelor's degrees aren't associated with that much worse earnings premiums than normal bachelor's degrees, and they seem much better than associate's degrees
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Fed left dots unch from december but spiked inflation expectations for 2027 for both headline and core to 2.7% (vs 2.4% and 2.5%), so worries about oil-driven inflation are there
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The Fed is very split on 2026 rates (but not as bad as December, when it was a 7-way split)
7 expect no cut
7 expect 1 cut
2 expect 2 cuts
2 expect 3 cuts
1 expects 4 cuts (Miran)
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7 expect no cut
7 expect 1 cut
2 expect 2 cuts
2 expect 3 cuts
1 expects 4 cuts (Miran)
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2027 dots are even nuttier:
1 expects a rate hike
3 expect no change
4 expect 1 rate cut
6 expect 2 rate cuts
3 expect 3 rate cuts
1 expects 4 rate cuts
1 expects 5 rate cuts
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1 expects a rate hike
3 expect no change
4 expect 1 rate cut
6 expect 2 rate cuts
3 expect 3 rate cuts
1 expects 4 rate cuts
1 expects 5 rate cuts
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I believe there will be many strange knock-on effects from the massive long-term adoption of weight-loss drugs. Here's one: a rise in Alzheimer's. Novo Nordisk's new Wegovy pill causes significant changes in gut bacteria, including beneficial varieties that produce a short-chain fatty acid called butyrate. Butyrate levels in the gut are negatively associated with the formation of amyloid placques in the brain, which drive Alzheimer's progression. Less butyrate, more placques
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Producer Prices in the US rose 4.7% per year over the last 5 years and over 25% in total.
2% inflation is a complete myth.
The Fed should be hiking rates, not cutting.
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2% inflation is a complete myth.
The Fed should be hiking rates, not cutting.
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BREAKING: FBI and IRS have launched a new joint initiative to probe NGOs over links to funding of DOMESTIC TERRORISM, per CBS
FINALLY! Soros, Singham, Reid Hoffmann, etc. have spent BILLIONS funding leftist terrorist groups like Antifa to FIGHT DHS agents all over the US
And they should be PROSECUTED!
In a December memo, AG Pam Bondi said "These domestic terrorists use violence or the threat of violence to advance political and social agendas, including opposition to law and immigration enforcement; extreme views in favor of mass migration and open borders; adherence to radical gender ideology, anti-Americanism, anti-capitalism, or anti-Christianity"
LOCK THEM UP!
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FINALLY! Soros, Singham, Reid Hoffmann, etc. have spent BILLIONS funding leftist terrorist groups like Antifa to FIGHT DHS agents all over the US
And they should be PROSECUTED!
In a December memo, AG Pam Bondi said "These domestic terrorists use violence or the threat of violence to advance political and social agendas, including opposition to law and immigration enforcement; extreme views in favor of mass migration and open borders; adherence to radical gender ideology, anti-Americanism, anti-capitalism, or anti-Christianity"
LOCK THEM UP!
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This was neat:
Researchers traced a tariff on $5 European wines into the U.S. to see who paid it.
The tariff itself was $1.19, producers paid $0.26 and importers took a $0.44 cut, but retailers used the tariff as an excuse to add a $1.10 margin. The price went up $1.59 (~32%):
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Researchers traced a tariff on $5 European wines into the U.S. to see who paid it.
The tariff itself was $1.19, producers paid $0.26 and importers took a $0.44 cut, but retailers used the tariff as an excuse to add a $1.10 margin. The price went up $1.59 (~32%):
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The federalreserve has two legal mandates: stable prices and full employment.
The Fed's preferred inflation measure PCE is at 2.4% and falling for three years. Unemployment is at 4.4% and rising for three years, as AI permanently destroys jobs.
Today's FOMC statement mentions inflation 5 times and unemployment once.
This tunnel vision is why I think Powell is the worst Fed Chairman in my adult lifetime.
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The Fed's preferred inflation measure PCE is at 2.4% and falling for three years. Unemployment is at 4.4% and rising for three years, as AI permanently destroys jobs.
Today's FOMC statement mentions inflation 5 times and unemployment once.
This tunnel vision is why I think Powell is the worst Fed Chairman in my adult lifetime.
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