Threat..

The U.S. military responded to recent missile launches from North Korea by flying two supersonic bombers alongside South Korean and Japanese warplanes.

North Korea Launched an intercontinental ballistic missile capable (ICBM) of carrying multiple nuclear warheads and with a range that could reach anywhere on the U.S.’s mainland.

The U.S. accused Pyongyang of attempting to destabilize the region as it looks to bolster its nuclear program and gain geopolitical prowess though its military advancements.

The U.S. deployed B-1B supersonic bombers in joint drills over South Korea earlier.

Who is threatening who? And what for... More Inflation?

Weakening..

 

The Wharton finance professor, Jeremy Siegel, in his weekly commentary for WisdomTree on Monday, rejected Jim Bullard's suggestion that interest rates may need to reach 7% to beat back inflation. Siegel said he had no idea what data the St. Louis Fed chief has been looking at.

In response to inflation surging to a 40-year high this year, the Fed has hiked rates from near zero in March to a range of 3.75% to 4% today, in a bid to cool demand and slow the rate of price increases. 

The US central bank has signaled rates could peak above 5%, as it continues to see inflation as a serious threat.

However, Siegel flagged evidence of dwindling inflation and a weakening US economy in his commentary. He pointed to recent data for producer prices, retail sales, employment, and home sales.

Blur..

Bags..

Load..

Famaz..

Amateur..

Lemon..

 

Shock..

 

Argentines woke up early in the capital Buenos Aires to cheer on their team in the soccer World Cup over morning pastries and coffee, but were left with a bitter taste after the team was humbled in a shock loss to Saudi Arabia.  

Unheralded Saudi Arabia notched one of the biggest upsets in World Cup history with a 2-1 win over Lionel Messi's Argentina, dampening the South American team's hopes of winning the tournament for a third time and the first since Diego Maradona in 1986.

FTX..