From Barry Ritholz’s mostly excellent The Big Picture, here...
The Problem With Inflation…WSJ
Jon Sindreu, Wall Street Journal, has a thoughtful piece on inflation, here... ”Since the 1990s, prices have risen at totally different rates
Iranian oil exports… The New York Times
Anjali Singhvi, Edward Wong and Denise Lu, NY Times, have a nice piece on Iran’s defiance of US sanctions, here... “China and other countries are
Why the Fed Cut Rates… NY Times
Neil Irwin, NY Times, has a nice piece discussing the Fed move, here... (My bold)... ”So to make sense of what Mr. Powell and his colleagues did,
Active day in WTI options…
Here is a summary of yesterday's increased activity in WTI oil options from the CME's Most Active Strike tool: Note that most volume was in
Post debate betting odds… The Daily Shot
From The Wall Street Journal’s The Daily Shot via Predict It, here...
Yesterday’s Fed announcement… WSJ
Jeffrey Sparshott and Nick Timaraos, Wall Street Journal, have a nice summary of yesterday’s Fed announcement, here... I especially like the quote
The end of the beef industry?… Outside
Rowan Jacobsen, Outside Online, has a nice piece on “alt meat”, here... “Part of the appeal of the new burgers is their smaller environmental
A market in balance?
US crude stocks move toward 5 year averages, days supply toward last year’s numbers lead to sideways moving prices and declining volatility... (charts