OUT NOW - @super_macro on: - undeniable slowdown in U.S. spending & job market - Q3 & Q4 to "feel like" stagflation - bull case for European demand - why ECB rate cuts are over - much more Apple Spotify

Whoa - big news

Coming soon to a podcast near you. Thanks @maxwiethe - was fun way to spend a little of a Sunday.

NEWS: Fed governor Adriana Kugler is resigning effective next Friday.

I suspect the IPO markets will be open

ENDING TODAY - @VrntPerception is offering special access to its services to Monetary Matters listeners. This opportunity ends tonight. Learn more here:

NEW EPISODE ON: - Fed meeting & Beyond - Tariff Derangement Syndrome (TDS)? - Strong GDP Print = Mirage - $MSFT & $META Earnings Blowout (& $TER) @maxwiethe & I are on the case! Apple 🔊 Spotify 🔊 1/3

Whoa, $META just hinted it could spend $100 Billion in 2026 on capital expenditures (!!)

No change in rates. Waller and Bowman dissented, favoring a rate cut.

FOMC decision: • Rates unchanged. • Bowman and Waller dissented in favor of a cut. • Marking to market the first two paragraphs of the statement, but no notable wordsmithing.