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Shock Decline In Credit Card Debt Is First Since Covid Crash, As Card APRs Hit New All Time High
07.06.2024, 21:30 Uhr. ZeroHedge News - https: - Shock Decline In Credit Card Debt Is First Since Covid Crash, As Card APRs Hit New All Time High On a day when the jobs report was a "pick your adventure" in economic analysis, and signaled either a very strong job market (if you looked at the Establishment survey) or a dire one (if you looked at the Household survey and peaked even a bit below the...
Nvidia's Animal Spirits
07.06.2024, 21:15 Uhr. ZeroHedge News - https: - Nvidia's Animal Spirits Submitted by QTR's Fringe Finance As of yesterday, Nvidia has surpassed Apple as the world’s second largest company, trading above a $3 trillion valuation and now single-handedly accounting for 6.5% of the S&P 500's weight. This chart from Zero Hedge shows Nvidia in black: Source: Zero Hedge Nvidia CEO Jensen Huang signing...
California's Latest Tax Idea: Charge Drivers By The Mile
07.06.2024, 18:06 Uhr. ZeroHedge News - https: - California's Latest Tax Idea: Charge Drivers By The Mile Authored by James Breslo via The Epoch Times, California has the highest income tax rate in the country (top tier of 14.4 percent). It has the highest statewide sales tax rate (7.25 percent, plus local sales taxes). It has the highest gas tax rate ($0.78 per gallon). Yet, it ranks third to last...
The Myth That Biden Had Nothing To Do With The Prosecutions Of Trump; VDH
07.06.2024, 17:25 Uhr. ZeroHedge News - https: - The Myth That Biden Had Nothing To Do With The Prosecutions Of Trump; VDH Authored by Victor Davis Hanson, The five criminal and civil prosecutions of former President Donald Trump all prompt heated denials from Democrats that President Joe Biden and Democrat operatives had a role in any of them. But Biden has long let it be known that he was frustrated...
Inside The Most Ridiculous Jobs Report In Years
07.06.2024, 17:13 Uhr. ZeroHedge News - https: - Inside The Most Ridiculous Jobs Report In Years On the surface, it was a blockbuster jobs report, certainly one which nobody expected, with the two largest US banks - JPMorgan and JPM - both expecting a below-consensus print at 150K and 165K (well we did, and we said that the number "will beat" moments before it was published) Goldman (165K) and JPM...
Aussie Government Fails To Force Elon Musk's X To Censor Content
07.06.2024, 14:20 Uhr. ZeroHedge News - https: - Aussie Government Fails To Force Elon Musk's X To Censor Content Authored by Steve Watson via Modernity.news. The Australian government has abruptly dropped its efforts to force Elon Musk’s X to remove footage from April of an Islamist violently attacking a Christian Bishop. As we previously highlighted, Australian Prime Minister Anthony Albanese...
Who Rules The Waves? US & Chinese Fleets, By Tonnage
07.06.2024, 10:15 Uhr. ZeroHedge News - https: - Who Rules The Waves? US & Chinese Fleets, By Tonnage China’s third aircraft carrier recently began its sea trials, and there are reports that the People’s Liberation Army (PLA) Navy already has more ships than the United States, just how do these superpower rivals stack up, ton for ton? This graphic from Chris Dickert, via Visual Capitalist, looks...
False Flag On The Horizon? The Strange Case Of The Destroyed Russian Nuclear Radar
07.06.2024, 04:31 Uhr. ZeroHedge News - https: - False Flag On The Horizon? The Strange Case Of The Destroyed Russian Nuclear Radar Authored by Brandon Smith via Alt-Market.us, If we accept the fundamental truth that Ukraine is nothing more than a proxy battleground between Russia and the west, then you might say WWIII has already begun. The powers-that-be have been content to keep the situation contained...
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...
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