‘The Big Short’s’ Burry Has Found the Next Market Bubble
Burry: “Like most bubbles, the longer it goes on, the worse the crash will be.”
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Author: Eugene Townes
NY Fed President: Low Inflation Is ‘the Problem of This Era’
Williams: “I am carefully monitoring this nuanced picture and remain vigilant to act as appropriate.”
UAW Authorizes Strikes, Names GM Bargaining Target for Key Negotiations
In 2007, an effective, two-day strike against GM costed the company more than $600 million.
Trade War Pushes US Manufacturing to First Contraction in 3 Years; Markets Sink
Before the 49.1% contraction, the PMI was on a 35-month expansion streak that averaged 56.5%.
US Consumer Sentiment Plummets in August as New Tariffs Loom
That number could continue to drop as more tariffs targeting consumer goods go into effect Sunday.
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