Neueste Heute 16.06.2024 15.06.2024
Sweden Rejects New Power Cable To Germany Over Market Inefficiencies
15.06.2024, 20:35 Uhr. ZeroHedge News - https: - Sweden Rejects New Power Cable To Germany Over Market Inefficiencies By Julianne Geiger of OilPrice.com In a significant move, the Swedish government has rejected the proposed 700 MW Hansa PowerBridge subsea power connection between Sweden and Germany. Energy Minister Ebba Busch cited inefficiencies in the German electricity market as the primary reason...
Grant: Rates Are Going Much Higher. Is He Right?
14.06.2024, 16:10 Uhr. ZeroHedge News - https: - Grant: Rates Are Going Much Higher. Is He Right? Authored by Lance Roberts via RealInvestmentAdvice.com, Recently, James Grant, editor of the Interest Rate Observer, was asked about his outlook for interest rates. He sees interest rates moving in a cyclical pattern, potentially rising for another multi-decade period. Grant bases his view on historical...
Macron Has Gambled... And Lost
14.06.2024, 15:32 Uhr. ZeroHedge News - https: - Macron Has Gambled... And Lost By Elwin de Groot, Head of Macro Strategy at Rabobank We still have one more day to go in the European session before the weekend, but the week in review is already showing to be one of quick decisions, where the bond market was ‘saved’ by the US inflation data and where Macron may have asked for a Papal blessing....
G7 Disaster: Are Western Leaders On The Brink Of Collapse?
14.06.2024, 11:51 Uhr. GreatGameIndia - https: - The G7 summit, currently unfolding at Borgo Egnazia in Italy, is convened amidst a backdrop of political turmoil. With leaders like Macron, Trudeau, and Biden facing electoral challenges, and far-right movements gaining ground, the summit’s efficacy hangs in the balance. The democratic world desperately needs the G7 to show strong leadership this...
Supreme Court Gives Starbucks Unanimous Win In Labor Dispute
13.06.2024, 19:46 Uhr. ZeroHedge News - https: - Supreme Court Gives Starbucks Unanimous Win In Labor Dispute The Supreme Court sided with Starbucks on Thursday in a labor dispute over reinstating workers. In a unanimous vote, the Justices rejected a lower court ruling approving an injunction by the National Labor Relations Board (NLRB) which would have required the company to reinstate seven workers...
Intel Halts Multibillion Chip Plant Expansion In Israel, Still 'Committed' To Region
13.06.2024, 05:00 Uhr. ZeroHedge News - https: - Intel Halts Multibillion Chip Plant Expansion In Israel, Still 'Committed' To Region Via The Cradle The US-based chip giant Intel Corp is halting a $25 billion chip manufacturing project in Israel, the local publication Calcalist reported this week. The Israeli news agency writes that Intel’s decision to stop the building of the multibillion-dollar...
House Moves To Defund Ukrainian NGO That Issued 'Enemies List' After Rep. Jim Banks Takes Action
13.06.2024, 02:40 Uhr. ZeroHedge News - https: - House Moves To Defund Ukrainian NGO That Issued 'Enemies List' After Rep. Jim Banks Takes Action Rep. Jim Banks (R-IN) has taken swift and decisive action against the Data Journalism Agency (texty.org.ua), a Ukrainian NGO with US State Department links that recently published an 'enemies list' of individuals and organizations opposed to the war in Ukraine...
Late Bedtime Linked To Higher Rates Of Depression And Anxiety, Large-Scale Study Finds
13.06.2024, 02:20 Uhr. ZeroHedge News - https: - Late Bedtime Linked To Higher Rates Of Depression And Anxiety, Large-Scale Study Finds Authored by Zena le Roux via The Epoch Times (emphasis ours), You relish those late nights, burning the midnight oil as a badge of honor. But that exhilarating lifestyle of staying up into the wee hours may be silently sabotaging your mental health. (Stephen Bridger/Shutterstock)...
Markets Flip-Flop As Buybacks & 'Bad' Data Battle Hawkish Dots & Pensive Powell
12.06.2024, 22:00 Uhr. ZeroHedge News - https: - Markets Flip-Flop As Buybacks & 'Bad' Data Battle Hawkish Dots & Pensive Powell Soft CPI (bad data?) sparked a melt-up in stocks, bonds (prices), gold, and crypto which held in place until The Fed statement (more specifically the dotplot) which sent a more hawkish message to markets than was expected. The initial reversal shock of the hawkish statement...
Golf And Investing: Mastering Long And Short Games For Success
12.06.2024, 18:00 Uhr. ZeroHedge News - https: - Golf And Investing: Mastering Long And Short Games For Success Authored by Michael Lebowitz via RealInvestmentAdvice.com, Let’s play a hole of golf to appreciate how two distinct aspects of golf provide valuable lessons for investors. You tee off with a driver on a 450-yard par four hole. Your drive is perfect. Not only does the ball land in the middle...
"Unequivocally A Good Report": Wall Street Reacts To Today's Dovish CPI Shocker
12.06.2024, 16:04 Uhr. ZeroHedge News - https: - "Unequivocally A Good Report": Wall Street Reacts To Today's Dovish CPI Shocker As we expected in our preview calling for "optimism for a low print", today's CPI delivered the kind of downside surprise that bond bulls and the Fed have been waiting for, as both headline and core came in a tenth lower than expected, largely driven by a 3.6% drop in gasoline...
Futures Set For New Record High Ahead Of CPI, Fed Double Header
12.06.2024, 14:13 Uhr. ZeroHedge News - https: - Futures Set For New Record High Ahead Of CPI, Fed Double Header Futures are up modestly after another record close on Wall Street heading into today's double whammy of CPI, and FOMC Dot Plot update, with Nasdaq leading and small-caps lagging. As of 8:00am, S&P futures are up 0.1% to 5,390 and set to extend the stretch of record highs as traders position...
Brewing Storm: World's Top Robusta Coffee Producer Reports Smallest Export Since 2009
12.06.2024, 10:15 Uhr. ZeroHedge News - https: - Brewing Storm: World's Top Robusta Coffee Producer Reports Smallest Export Since 2009 More troubling news is brewing for coffee lovers from the world's top-producing country in Southeast Asia. New export data reveals a sharp decline in robusta beans, commonly used in instant coffee and espresso and as a filler in various ground coffee blends. This development...
FOMC Preview: From Three Rate Cuts To Two
12.06.2024, 04:02 Uhr. ZeroHedge News - https: - FOMC Preview: From Three Rate Cuts To Two Coming just hours after the May CPI print, tomorrow's - and the month's - main event is the FOMC decision due at 2pm ET, when the Fed is widely expected to leave rates on hold at 5.25-5.50%, and the statement will likely also largely be reiterated after slight tweaks in the May statement. Attention will fall...
"I Take Responsibility": Pelosi Admits Fault For The Lack Of Security Precautions On Jan 6th
11.06.2024, 18:05 Uhr. ZeroHedge News - https: - "I Take Responsibility": Pelosi Admits Fault For The Lack Of Security Precautions On Jan 6th Authored by Jonathan Turley For years, some of us have asked why the Capitol was so poorly prepared for the January 6th riot. As part of the coverage on that day, I remarked at the start of the protests that I had never seen the Capitol so thinly protected for...
The Bitcoin Effect: Onwards And Upwards Post-Halving
11.06.2024, 16:05 Uhr. ZeroHedge News - https: - The Bitcoin Effect: Onwards And Upwards Post-Halving Authored by Mark Jeftovic via BombThrower.com, We’re a little over one month since the fourth halving, with the price more or less chopping sideways and the action and sentiment being rather subdued – despite the fact that in terms of immediate post-halving periods, we’re completely in line...
Past Informs The Present
11.06.2024, 05:45 Uhr. ZeroHedge News - https: - Past Informs The Present Authored by Howell Keiser via RealClearHistory, The work of the eighteenth-century English economist Thomas Malthus has been famously used to defend the indefensible. Malthus’s warning of the dangers of overpopulation, labor redundancy, and environmental degradation in urban-industrial societies have served as the basis for...
No Better Friend Than Japan Despite Political Distractions
11.06.2024, 03:45 Uhr. ZeroHedge News - https: - No Better Friend Than Japan Despite Political Distractions Authored by Heino Klinck via RealClearDefense, Soon, President Biden will meet with seven of our most important allies and partners at the upcoming G7 summit in Italy, June 13-15. This meeting comes at a pivotal moment: wars in Ukraine and in the Middle East show little signs of stopping, China...
"Time For Some 3D Chess": Here's Why A Battered Macron Just Called Snap Elections
10.06.2024, 16:45 Uhr. ZeroHedge News - https: - "Time For Some 3D Chess": Here's Why A Battered Macron Just Called Snap Elections By Stefan Koopman, Senior macro strategist at Rabobank The European elections saw the centre hold its ground, albeit narrowly. The European People’s Party is poised to secure 184 seats in the new 720-seat Parliament, with the Socialists and the centrist Renew obtaining...
Key Events This Week: Fed, CPI and PPI
10.06.2024, 15:40 Uhr. ZeroHedge News - https: - Key Events This Week: Fed, CPI and PPI With the (ridiculously manipulated propaganda) jobs report now in the history books, this week the whole financial world will be focused on Wednesday with two big events occurring: the latest FOMC and CPI (with PPI to follow on day later). Below, DB's Jim Reid previews the first two below but other events this...
How Tight Can Credit Spreads Go?
10.06.2024, 14:26 Uhr. ZeroHedge News - https: - How Tight Can Credit Spreads Go? By Peter Tchir of Academy Securities This is a piece that we’ve been meaning to get to for the past few weeks, but this weekend seemed like an ideal time: We completed our updated Rate Outlook this week, so it is natural to progress to credit. While Friday’s NFP data (where we are not the only ones pounding the table...
Is There A Financial Crisis Bubbling Under The Surface?
10.06.2024, 13:45 Uhr. ZeroHedge News - https: - Is There A Financial Crisis Bubbling Under The Surface? Authored by Mike Maharrey via Money Metals, When the Federal Reserve started raising rates, it precipitated a financial crisis. The central bank managed to paper over the problem with a bailout program, but the crisis continues to bubble and percolate under the surface. According to the latest...
These Are The 15 Most Valuable Bitcoin Addresses
10.06.2024, 12:30 Uhr. ZeroHedge News - https: - These Are The 15 Most Valuable Bitcoin Addresses A Bitcoin address is a unique identifier consisting of 26 to 62 alphanumeric characters used to receive bitcoins. These addresses serve as the destination for transactions on the Bitcoin network, ensuring that funds are sent to the correct recipient. This graphic, via Visual Capitalist's Marcus Lu, ranks...
With Two Regional Wars, Does Security In Indo-Pacific Hang In Balance?
10.06.2024, 09:15 Uhr. ZeroHedge News - https: - With Two Regional Wars, Does Security In Indo-Pacific Hang In Balance? Authored by Terri Wu via The Epoch Times (emphasis ours), (Illustration by The Epoch Times, Shutterstock, Getty Images) When the White House released its second Indo-Pacific strategy in February 2022, senior officials said “no region will be more vital to the United States in the...
Warren Buffett Controls 3% Of Treasury Bill Market, More Than "International Organizations, Stablecoin Issuers ..."
09.06.2024, 22:55 Uhr. ZeroHedge News - https: - Warren Buffett Controls 3% Of Treasury Bill Market, More Than "International Organizations, Stablecoin Issuers ..." Berkshire Hathaway has struggled to find sizable deals in recent quarters, leaving Warren Buffett sitting on a mountain of cash and cash equivalents. According to JPMorgan analysts, Buffett now wields control over a staggering 3% of...
Kill Your Good Ideas
09.06.2024, 16:30 Uhr. ZeroHedge News - https: - Kill Your Good Ideas Submitted by QTR's Fringe Finance As always, I’m stoked to be able to bring you content from one of my favorite investors, Chris DeMuth Jr. Chris took the time to share his up-to-the-minute thoughts on the market for Fringe Finance subscribers this week. Chris writes the Vale Tudo Substack, which can be found here and...
Atlas Shrugs Twice
09.06.2024, 04:10 Uhr. ZeroHedge News - https: - Atlas Shrugs Twice Authored by Charles Krblich via The Brownstone Institute, One fateful day in March 2020, the incompetent men shut down the world with lockdowns. It was the opposite of the premise in Atlas Shrugged. Who is John Galt? Who cares? The incompetent people could stop the motor of the world too. Atlas shrugs either by disappearing competence...
Soaring Coffee Prices Force Folgers' Owner To Increase Supermarket Prices
08.06.2024, 15:55 Uhr. ZeroHedge News - https: - Soaring Coffee Prices Force Folgers' Owner To Increase Supermarket Prices Arabica and robusta coffee bean prices have been soaring this year due to supply crunches hitting some of the world's top bean producers. It was only a matter of time before higher bean prices impacted major US food brands, forcing them to announce imminent price hikes at the...
It's The Fed That's A Risk To Financial Stability
08.06.2024, 15:20 Uhr. ZeroHedge News - https: - It's The Fed That's A Risk To Financial Stability Authored by Alex Pollock via The Mises Institute, Published in The New York Sun: Central bankers whistle ‘Dixie’ as mark-to-market losses dramatically shrink the banking system’s economic capital. Whistling a happy tune, the Federal Reserve vice chairman for supervision, Michael Barr, recently...
Gold Overtakes Euro in Global International Reserves
07.06.2024, 12:30 Uhr. ZeroHedge News - https: - Gold Overtakes Euro in Global International Reserves ByJan Nieuwenhuijs of Gainesville Coins Sturdy central bank gold buying since 2009 and a rising gold price has grown the precious metal’s share of global international reserves to the detriment of fiat currencies. By the end of 2023 gold surpassed the euro and the next fiat currency to be challenged...
These Are All The Countries Offering Digital Nomad Visas
07.06.2024, 11:45 Uhr. ZeroHedge News - https: - These Are All The Countries Offering Digital Nomad Visas A digital nomad visa allows individuals to live and work remotely in a foreign country for an extended period, usually six months to a year. It’s often accessible to self-employed or remote workers employed by entities outside the host country. This graphic, via Visual Capitalist's Bruno Venditti...
A Second-Quarter Recession This Year Looks Increasingly Likely
07.06.2024, 04:00 Uhr. ZeroHedge News - https: - A Second-Quarter Recession This Year Looks Increasingly Likely Authored by Mike Shedlock via MishTalk.com, As I watch the evolution of consumer spending, housing starts, new home sales, and GDPNow trends, it appears the economy has peaked. Warning: I tend to be early. GDPNow forecast from the Atlanta Fed as of 2024-06-03. Chart by Mish The GDPNow forecast...
Markets Have Overreacted To OPEC's Plan To Phase Out Production Cuts
07.06.2024, 04:00 Uhr. ZeroHedge News - https: - Markets Have Overreacted To OPEC's Plan To Phase Out Production Cuts By Alex Kimani of OilPrice.com OPEC+ agreed on Sunday to extend most of its oil output cuts well into 2025 amid tepid demand growth, rising U.S. production and high interest rates. OPEC+ is currently cutting output by a total of 5.86 million barrels per day (bpd), or about 5.7% of...
ECB Preview And Scenario Analysis: The First Rate Cut Since 2019
06.06.2024, 04:54 Uhr. ZeroHedge News - https: - ECB Preview And Scenario Analysis: The First Rate Cut Since 2019 Hot on the heels of the first G7 central bank rate cut this cycle, when the BOC cut rates by 25bps this morning, tomorrow the ECB is widely expected to follow suit and lower the deposit rate from 4.00% to 3.75% for the first time since September 2019, with markets assigning a 94% chance...
Saudi Aramco's $12 Billion Share Sale Quickly Sells Out, But Who Is Buying?
05.06.2024, 20:10 Uhr. ZeroHedge News - https: - Saudi Aramco's $12 Billion Share Sale Quickly Sells Out, But Who Is Buying? By Alex Kimani of OilPrice.com Last week, Saudi Arabia’s energy giant Saudi Aramco (ARMCO) confirmed in a filing with the Saudi Exchange plans to sell shares in the state-owned oil company to help the kingdom fund plans to diversify the economy. Well, the sale took place...
Bank of Canada Cuts Rates By 25bps As Expected, First G7 Central Bank To Launch Easing Cycle
05.06.2024, 16:01 Uhr. ZeroHedge News - https: - Bank of Canada Cuts Rates By 25bps As Expected, First G7 Central Bank To Launch Easing Cycle As widely expected after significant dovish commentary in recent months, moments ago the Bank of Canada cut rates by 25bps from 5.00% to 4.75% as a majority of economists expected, and signaled that it is "reasonable to expect further cuts" if inflation eases...
"Let's Not Sugarcoat It … People Are Not Reading Your Stuff": Publisher Drops Truth Bomb At Washington Post
04.06.2024, 22:20 Uhr. ZeroHedge News - https: - "Let's Not Sugarcoat It … People Are Not Reading Your Stuff": Publisher Drops Truth Bomb At Washington Post Authored by Jonathan Turley, Washington Post publisher and CEO William Lewis is being denounced this week after the end of the short-lived tenure of Executive Editor Sally Buzbee and delivering a truth bomb to the staff. Lewis told them that...
OPEC+ Meeting Shows Persistent Demand Weakness
03.06.2024, 18:20 Uhr. ZeroHedge News - https: - OPEC+ Meeting Shows Persistent Demand Weakness Authored by Daniel Lacalle, The latest OPEC meeting conclusions show that the global economy is not as strong as headlines suggest and that industries all over the world are struggling to recover. Indeed, many manufacturing PMIs (purchasing managers’ indexes) continue to signal contraction. Oil prices...
Key Events This Week: Jobs, Jolts, ISM, And Fed Blackout Period Begins
03.06.2024, 18:20 Uhr. ZeroHedge News - https: - Key Events This Week: Jobs, Jolts, ISM, And Fed Blackout Period Begins It's another payrolls week with consensus (+190k) expecting job gains to pick up from last month's +175k number with unemployment widely expected to stay at 3.9%. As DB's Jim Reid writres this morning, the bank's economists think the risks are biased to it rounding down a tenth rather...
Dollar General To Eliminate "Vast Majority" Of Self-Checkout Due To Soaring Theft
03.06.2024, 14:40 Uhr. ZeroHedge News - https: - Dollar General To Eliminate "Vast Majority" Of Self-Checkout Due To Soaring Theft By Nate Delesline of RetailDive Vasos said self checkout will remain in a limited number of higher volume stores. He added that the shift away from self checkout will drive increased customer engagement and should position the company to begin reducing "shrink"...
5 Ways Fed Medicine Is Worse Than The Disease
03.06.2024, 03:00 Uhr. ZeroHedge News - https: - 5 Ways Fed Medicine Is Worse Than The Disease Via SchiffGold.com, Central bank monetary tactics have proven to be a toxic remedy, amplifying rather than curing economic ailments. Like a surgeon whose operation only worsens the patient’s condition, central banks administer policies that do more harm than good. Here are five ways central banks leave...
Making Over $141K, Minneapolis Mayor Thanks Biden For Student Loan Forgiveness
02.06.2024, 22:56 Uhr. ZeroHedge News - https: - Making Over $141K, Minneapolis Mayor Thanks Biden For Student Loan Forgiveness If you weren't already infuriated by Joe Biden's exploitation of the federal student loan program as a means of buying votes and redistributing wealth, this should do the trick. On Wednesday, Minneapolis Mayor Melvin Carter -- who earns makes takes $140,814 a year before...
OPEC+ Agrees To Extend Collective Output Cuts Until End Of 2025
02.06.2024, 19:25 Uhr. ZeroHedge News - https: - OPEC+ Agrees To Extend Collective Output Cuts Until End Of 2025 As we previewed last month, OPEC+ agreed to extend its oil production cuts well into 2025, while also setting a timeline for gradually winding down some of those curbs later this year. As reported by Bloomberg, the agreement reached in the Saudi capital Riyadh on Sunday exceeds market expectations...
Global Cocoa Shortage Much Worse Than Previously Forecasted As Prices Surge
02.06.2024, 00:05 Uhr. ZeroHedge News - https: - Global Cocoa Shortage Much Worse Than Previously Forecasted As Prices Surge The International Cocoa Organization has admitted that the global cocoa shortage will be significantly larger than previously forecasted. Cocoa prices in New York have rebounded in recent weeks, inching above the $9,330 per ton mark to close the week. First reported by Bloomberg...
Did FDR Really Confiscate Everybody's Gold?
01.06.2024, 15:20 Uhr. ZeroHedge News - https: - Did FDR Really Confiscate Everybody's Gold? Authored by Mike Maharrey via Money Metals, Did the U.S. government really try to confiscate Americans' gold? The short answer is... well, there isn't a short answer. It's a complicated subject with more nuance than most people give it. Yes, President Franklin D. Roosevelt did try to take most of the gold...
"Lower Supply Expectations" Drive EU NatGas To Largest Monthly Gain Since August
01.06.2024, 14:45 Uhr. ZeroHedge News - https: - "Lower Supply Expectations" Drive EU NatGas To Largest Monthly Gain Since August Lower supply expectations are driving European natural gas prices to their highest levels since December, with May set to record the largest monthly increase since last August. Benchmark futures jumped 20% in May, the largest monthly increase since last August. From a...
Time To Pay Satan: Canadian Asset Manager Blocks Cash Distributions On Private Credit Funds
31.05.2024, 21:40 Uhr. ZeroHedge News - https: - Time To Pay Satan: Canadian Asset Manager Blocks Cash Distributions On Private Credit Funds Just one day after JPMorgan CEO Jamie Dimon said private credit could spark turmoil if when the opaque sector of financial markets weakens, warning that "there could be hell to pay," and adding that he has "seen a couple of these deals that were rated by a rating...
Beware The Embrace Of TradFi Firms Now Entering Crypto
31.05.2024, 15:00 Uhr. ZeroHedge News - https: - Beware The Embrace Of TradFi Firms Now Entering Crypto Authored by Omid Malekan, News that a bank or payment provider is doing something in crypto used to be a big deal. When I first entered crypto a decade ago, it was often the biggest deal. One of the first major spikes in the price of ETH was triggered by the launch of the Enterprise Ethereum Alliance...
Numbers At Giant Truck Lender BMO Show Worsening Credit Conditions
31.05.2024, 12:31 Uhr. ZeroHedge News - https: - Numbers At Giant Truck Lender BMO Show Worsening Credit Conditions By John Kingston of FreightWaves Further credit deterioration in trucking is evident in the quarterly earnings report of Canada’s BMO bank. BMO, the former Bank of Montreal, is one of the largest lenders to the trucking industry. Its transportation unit, purchased from GE Capital in...