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NY Fed Survey Finds Sharp Deterioration In Household Finanancial Sentiment As Long-Term Inflation Seen Rising To 15 Month High | ZeroHedge

After four months of declines in the 1-Year inflation expectation as reported by the NY Fed's consumer survey, August saw a reversal in this series which traditionally is also a proxy for the price of oil (which just hit a 2023 high this morning), however this was offset by a small decline in 3 year inflation expectations. However, the most concerning observations was that the inflation outlook at the 5-year point hit the highest since march 2022 while households turned even less (more…)

Continue ReadingNY Fed Survey Finds Sharp Deterioration In Household Finanancial Sentiment As Long-Term Inflation Seen Rising To 15 Month High | ZeroHedge

Sam Bankman-Fried’s Lawyers Request Pre-Trial Release Citing Poor Internet Access | ZeroHedge

Authored by Prashant Jha via CoinTelegraph.com,

Former FTX CEO Sam Bankman-Fried’s bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness (more…)

Continue ReadingSam Bankman-Fried’s Lawyers Request Pre-Trial Release Citing Poor Internet Access | ZeroHedge