Thursday, June 30, 2022

Notes today:
  • The FedSoc 6 “extreme ” Supremes harshly curtailed the authority of the EPA to regulate greenhouse-gas emissions that cause climate change. In its 6-3 ruling, the "head in sand 6" sided with Republican states and fossil-fuel companies in gutting of the Clean Air Act. And so the right to a livable planet,” goes farther and farther out the window.
  • Ah, but her emails.

    Meanwhile..
  • The highest temperature recorded in Europe north of 70°N in June. The heat is unprecedented in this part of Norway in June.
  • Unprecedented heat in Central Asia right now.
  • The personal consumption expenditures price index, which the Federal Reserve uses for its inflation target, rose 0.6% MoM and was up 6.3% since May 2021. The core PCE price index increased 0.3%, less than expected. It was up 4.7% YoY, the smallest gain since November. 
  • Analysts forecast that US auto sales will be down more than 20% in the second quarter from a year ago as car buyers find it harder to stomach the sticker shock
  • Wheat / Corn /Beans / ended  lower. Most commodities were lower on concern World Central Bank leaders will continue to fight Inflation. 

  • Global business cycle starts to turn down


















Intercepted Call: Russian generals duping mothers:
Russian generals enjoy a new business in the army – they’re taking money from parents to transfer soldiers to safer locations, then dumping them. 

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