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Brent Spot Surges, vs. Weekly Diesel and Other Derivatives
Diesel just hit $6.31 a gallon, according to AAA's latest reading, tracked against Brent spot FOB pricing through yesterday.
— via Econbrowser, Menzie Chinn
Economics
— Economic theory, policy, markets, and how money shapes the world 0
Sentiment Declines as Inflation Expectations Rise
September's preliminary Michigan sentiment data get a partisan-bias correction, and the adjusted line still slots neatly between Conference Board and Gallup readings. The bigger signal: confidence keeps sliding along the downward path set in August, well past the "Liberation Day" and US-Iran war markers.
— via Econbrowser, Menzie Chinn