Stocks Lower as Warsh Talk Tough on Inflation
Fed Chair Warsh's hawkish Jackson Hole debut sent two-year yields surging 12 basis points and rate-hike odds above 50% for September. Wall Street slipped with the S&P 500 down 0.25% to 7,711.76, while a U.S. strike on Iranian launchers at Larak Island kept the geopolitical risk…
:root { --bg: #FFFFFF; --surface: #F7F8FA; --surface-warm: #FBF9F6; --border: #E2E5EB; --border-strong: #CBD0D9; --text: #1A1D24; --text-body: #3A3F4A; --text-secondary: #6B7280; --text-muted: #9CA3AF; --accent: #1A56DB; --accent-light: #EBF0FE; --accent-border: #B4C9F3; --green: #059669; --green-bg: #ECFDF5; --green-border: #A7F3D0; --red: #DC2626; --red-bg: #FEF2F2; --gold: #B45309; --gold-bg: #FFFBEB; --gold-border: #FDE68A; --purple: #7C3AED; --purple-bg: #F5F3FF; --purple-border: #DDD6FE; --serif: 'Playfair Display', Georgia, serif; --sans: 'Source Sans 3', -apple-system, sans-serif; --mono: 'IBM Plex Mono', monospace; --shadow-sm: 0 1px 2px rgba(0,0,0,0.05); --shadow-md: 0 4px 12px rgba(0,0,0,0.08); }.mpc-morning-call * { margin: 0; padding: 0; box-sizing: border-box; }.mpc-morning-call { background: var(--bg); color: var(--text); font-family: var(--sans); font-size: 21px; line-height: 1.9; font-weight: 500; -webkit-font-smoothing: antialiased; }.mpc-morning-call.page { max-width: 100%; margin: 0 auto; padding: 0 0 80px; }.mpc-morning-call.top-headline { padding: 40px 0 28px; border-bottom: 2px solid var(--text); margin-bottom: 32px; }.mpc-morning-call.top-headline-text { font-family: var(--serif); font-size: 42px; font-weight: 900; line-height: 1.25; color: var(--text); letter-spacing: -0.5px; margin-bottom: 16px; }.mpc-morning-call.top-excerpt { font-size: 22px; line-height: 1.9; font-weight: 600; color: var(--text-secondary); }.mpc-morning-call.summary-top { background: var(--surface); border: 2px solid var(--border-strong); border-radius: 8px; padding: 28px 32px; margin-bottom: 36px; position: relative; }.mpc-morning-call.summary-top::before { content: 'SUMMARY'; font-family: var(--mono); font-size: 12px; font-weight: 700; letter-spacing: 3px; color: var(--bg); background: var(--text); padding: 4px 14px; position: absolute; top: -12px; left: 28px; border-radius: 3px; }.mpc-morning-call.summary-top p { color: var(--text-body); font-size: 21px; line-height: 1.9; font-weight: 500; margin-top: 4px; }.mpc-morning-call.takeaways-inline { margin-top: 20px; padding-top: 18px; border-top: 1px solid var(--border); }.mpc-morning-call.takeaways-inline-label { font-family: var(--mono); font-size: 10px; font-weight: 600; letter-spacing: 2px; text-transform: uppercase; color: var(--text-secondary); margin-bottom: 12px; }.mpc-morning-call.tk { display: flex; gap: 10px; align-items: flex-start; padding: 7px 0; }.mpc-morning-call.tk-marker { font-family: var(--mono); font-size: 11px; font-weight: 600; color: var(--text-muted); min-width: 24px; padding-top: 4px; }.mpc-morning-call.tk p { color: var(--text-body); font-size: 20px; line-height: 1.8; font-weight: 500; }.mpc-morning-call.chart { margin: 28px 0; }.mpc-morning-call.chart img { width: 100%; border-radius: 6px; display: block; }.mpc-morning-call.chart-cap { font-family: var(--mono); font-size: 11px; color: var(--text-muted); margin-top: 8px; letter-spacing: 0.3px; }.mpc-morning-call.chart-img-contained { margin: 28px 0; }.mpc-morning-call.chart-img-contained img { max-width: 80%; display: block; margin: 0 auto; border-radius: 6px; }.mpc-morning-call.photo-block { margin: 24px 0; }.mpc-morning-call.photo-block img { width: 100%; border-radius: 6px; display: block; }.mpc-morning-call.photo-block-cap { font-family: var(--mono); font-size: 11px; color: var(--text-muted); margin-top: 8px; letter-spacing: 0.3px; font-style: italic; }.mpc-morning-call.section { margin: 44px 0; padding-top: 32px; border-top: 1px solid var(--border); }.mpc-morning-call.section-head { display: flex; align-items: baseline; gap: 14px; margin-bottom: 20px; }.mpc-morning-call.section-num { font-family: var(--mono); font-size: 15px; font-weight: 600; color: var(--text-muted); letter-spacing: 1px; flex-shrink: 0; }.mpc-morning-call.section-title { font-family: var(--serif); font-size: 34px; font-weight: 900; line-height: 1.3; color: var(--text); }.mpc-morning-call.section p { color: var(--text-body); font-size: 21px; line-height: 1.9; font-weight: 500; margin-bottom: 16px; }.mpc-morning-call.callout { border-radius: 8px; padding: 24px 28px; margin: 32px 0; border-left: 4px solid; }.mpc-morning-call.callout.green { background: var(--green-bg); border-color: var(--green); }.mpc-morning-call.callout.gold { background: var(--gold-bg); border-color: var(--gold); }.mpc-morning-call.callout.purple { background: var(--purple-bg); border-color: var(--purple); }.mpc-morning-call.callout.accent { background: var(--accent-light); border-color: var(--accent); }.mpc-morning-call.callout-title { font-family: var(--serif); font-size: 28px; font-weight: 700; margin-bottom: 12px; line-height: 1.3; }.mpc-morning-call.callout.green.callout-title { color: var(--green); }.mpc-morning-call.callout.gold.callout-title { color: var(--gold); }.mpc-morning-call.callout.purple.callout-title { color: var(--purple); }.mpc-morning-call.callout.accent.callout-title { color: var(--accent); }.mpc-morning-call.callout p {…
Read on MPC Markets Mosaic
