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Janet Yellen Acknowledges: "Cost Of Living Is A Problem" For Consumers
24.05.2024, 23:20 Uhr. ZeroHedge News - https: - Janet Yellen Acknowledges: "Cost Of Living Is A Problem" For Consumers Americans are quickly realizing, by their empty wallets, that the leftists in the Biden administration are fueling the inflation storm with reckless government spending, amounting to $1 trillion every 100 days. No more blaming 'Putin Price Hikes' - Bidenomics has been one of the...
First Time Since GFC: Holders Of AAA 'CRE-Backed' Debt Hit With Losses
24.05.2024, 21:20 Uhr. ZeroHedge News - https: - First Time Since GFC: Holders Of AAA 'CRE-Backed' Debt Hit With Losses Investors holding a tranche of top-rated debt backed by commercial real estate have suffered losses for the first time since the housing meltdown collapsed the economy 16 years ago. This alarming development signals a worsening multi-year downturn in the CRE space, fueled by the...
EPA Awards $50 Million To Group That Says Palestine Is A "Climate Justice Issue"
24.05.2024, 19:41 Uhr. ZeroHedge News - https: - EPA Awards $50 Million To Group That Says Palestine Is A "Climate Justice Issue" Authored by Mike Shedlock via MishTalk.com, The Inflation Reduction Act strikes again. The beneficiary is a group of radical nut cases. The loser is you, the taxpayer. The Wall Street Journal comments on The Radicals Getting Your Tax Money The Biden Administration is showering...
Schiff: Silver has New Support At $30
24.05.2024, 19:03 Uhr. ZeroHedge News - https: - Schiff: Silver has New Support At $30 Via SchiffGold.com, In this episode, Peter recounts silver’s notable rise above $30/oz and addresses the latest FOMC minutes that were released this week, in which the Fed signaled that rate cuts could be delayed even further. Peter also calls out the SchiffGold Silver Breakout Sale to celebrate the metal’s...
Goldman Again Changes Forecast For First Fed Cut, Pushes Back To September From July
24.05.2024, 17:01 Uhr. ZeroHedge News - https: - Goldman Again Changes Forecast For First Fed Cut, Pushes Back To September From July At the start of 2024, with the Fed reportedly "winning the fight against inflation", Goldman triumphantly announced it expects the Fed to cut rates no less than five times with the first rate cut expected to take place in March as the US was set for a "soft landing...
Trump Says Bronx Residents Being Left Behind By Biden Policies During Raucous NYC Campaign Rally
24.05.2024, 16:45 Uhr. ZeroHedge News - https: - Trump Says Bronx Residents Being Left Behind By Biden Policies During Raucous NYC Campaign Rally Former President Donald Trump took aim at President Joe Biden over a range of issues while vowing to turn New York City around “very quickly” at a rally in the South Bronx on Thursday. President Trump made the comments in front of a crowd estimated at...
"The Situation In The UK Has Turned Tragicomical"
24.05.2024, 16:20 Uhr. ZeroHedge News - https: - "The Situation In The UK Has Turned Tragicomical" By Stefan Koopman, Senior Macro strategist at Rabobank Things Can Only Get Better Let’s go back to Wednesday afternoon. In a moment of political irony, UK Prime Minister Sunak stepped out of his office to announce an election, hoping for a reset after a series of failed attempts, only to be met with...
Competing Forces On Rent, Where Do We Put 8 Million Illegal Immigrants?
24.05.2024, 14:51 Uhr. ZeroHedge News - https: - Competing Forces On Rent, Where Do We Put 8 Million Illegal Immigrants? Authored by Mike Shedlock via MIshTalk.com, Millions of immigrants keep pouring in. New residential construction has stalled and multi-family construction is in decline. Completions are rising, but is that enough housing? More Than 8M Migrants Will Soon Be Living in the US Axios...
The Risk Of Recession Isn't Zero
24.05.2024, 14:19 Uhr. ZeroHedge News - https: - The Risk Of Recession Isn't Zero Authored by Lance Roberts via RealInvestmentAdvice.com, As we discussed recently, Wall Street economists increasingly believe the risk of recession has fallen sharply. To wit: “Economists don’t think the economy will get even close to a recession. In January, they, on average, forecast sub-1% growth in each of...
Futures Rebound After Thursday Rout As Rate Cut Expectations Fade
24.05.2024, 13:57 Uhr. ZeroHedge News - https: - Futures Rebound After Thursday Rout As Rate Cut Expectations Fade After Thursday's rout, which saw the overbought S&P first hit an all time high before traders suddenly dumped everything (following hotter than expected PMI and Initial claims reports has further delayed expectations for the Fed's first rate hike ostensibly to December) to buy Nvidia...
Many Americans Say They Will Never Retire
24.05.2024, 13:20 Uhr. ZeroHedge News - https: - Many Americans Say They Will Never Retire Via AntoniusAquinas.com, A recent AARP poll provides further evidence of the deterioration of American living standards, especially for those approaching retirement age. The study contradicts what most policy makers have believed to be a “soft landing” for the economy after two years of rampant inflation...
The Start Of De-Dollarization: China's Move Away From The USD
24.05.2024, 11:45 Uhr. ZeroHedge News - https: - The Start Of De-Dollarization: China's Move Away From The USD Since 2010, the majority of China’s cross-border payments, like those of many countries, had been settled in U.S. dollars (USD). As of the first quarter of 2023, that’s no longer the case. As Visual Capitalist's Julian Wendling shows in the grrahic below, from the Hinrich Foundation...
Reality Check Looms For Rosy European Growth Expectations
24.05.2024, 11:00 Uhr. ZeroHedge News - https: - Reality Check Looms For Rosy European Growth Expectations By Michael Msika, Bloomberg Markets Live reporter and analyst After a massive wave of optimism on European markets, the expected economic improvement that has buoyed stocks now has to be delivered. The uptrend is still intact for the Stoxx 600 but signs of overheating have cooled markets, especially...
Last Hope Against Biden-Bucks - House Passes Bill Blocking The Fed From Issuing A CBDC
24.05.2024, 02:42 Uhr. ZeroHedge News - https: - Last Hope Against Biden-Bucks - House Passes Bill Blocking The Fed From Issuing A CBDC The CBDC Anti-Surveillance State Act passed the United States House of Representatives on a largely partisan vote on May 23. As CoinTelgraph's Derek Andersen reports, the bill, which must still face a vote in the Senate, amends the Federal Reserve Act of 1913 to prohibit...
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