Neueste Heute 31.05.2024 30.05.2024
Japan Confirms It Spent A Record $62 Billion In Failed Attempt To Prop Up Yen
31.05.2024, 17:22 Uhr. ZeroHedge News - https: - Japan Confirms It Spent A Record $62 Billion In Failed Attempt To Prop Up Yen Confirming what everyone knew, this morning Japan's finance ministry confirmed that it spent a record ¥9.8 trillion ($62.2 billion) over the past month, but really on two occasions, in a failed attempt to prop up the yen after it fell to a 34-year low against the dollar,...
Quantitative Brainwashing
29.05.2024, 22:20 Uhr. ZeroHedge News - https: - Quantitative Brainwashing Authored by Jeff Thomas via InternationalMan.com, We’re all familiar with the term, “quantitative easing.” It’s described as meaning, “A monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply.” Well...
Zero-Percent-Down Mortgages Return, What Can Go Wrong?
29.05.2024, 14:33 Uhr. ZeroHedge News - https: - Zero-Percent-Down Mortgages Return, What Can Go Wrong? Authored by Mike Shedlock via MishTalk.com, It’s a perfect time to do something really stupid, like offering zero percent down payments on mortgages. Case-Shiller national and 10-city indexes via St. Louis Fed, OER, CPI, and Rent from the BLS Perfectly Stupid Timing Morningstar reports One of...
Blackrock Surpasses Grayscale As World's Largest Bitcoin ETF
29.05.2024, 04:18 Uhr. ZeroHedge News - https: - Blackrock Surpasses Grayscale As World's Largest Bitcoin ETF A month and a half after we first observed that the world's largest bitcoin fund, Grayscale's GBTC, had lost more than half of its assets in what was the year's first, and far less memorable "halving" event... The other "halving": GBTC bitcoin holdings are down exactly 50% since the launch...
Key Events This Holiday-Shortened Week: PCE, GDP And More Fed Speakers
28.05.2024, 16:05 Uhr. ZeroHedge News - https: - Key Events This Holiday-Shortened Week: PCE, GDP And More Fed Speakers All roads this week point towards the April US core PCE print on Friday which in MoM terms is expected to edge down from +0.32% to +0.26%, which would be the lowest monthly increase of 2024. As DB's Jim Reid notes, you don't need an economist to tell you how well scrutinized this...
Regular Cannabis Users Exceeds Drinkers For First Time Ever
27.05.2024, 01:52 Uhr. ZeroHedge News - https: - Regular Cannabis Users Exceeds Drinkers For First Time Ever For the first time, a nationwide study providing current data on tobacco, alcohol, and drug use, mental health, and other health-related issues has found that the number of people smoking cannabis daily has surpassed those drinking beer or vodka daily. This development coincides with the...
Rage Against The Inflation Denialists
24.05.2024, 15:30 Uhr. ZeroHedge News - https: - Rage Against The Inflation Denialists Authored by Jeffrey Tucker via The Epoch Times, Such strange times. We are living through the most destructive bout of inflation in 45 years, one that threatens to become worse and perhaps just as ruinous in the long run as the last one. And yet daily and for years, we’ve been told it’s not so bad and that it’s...
Russia Confiscates €800 Million From Deutsche Bank, Unicredit And Commerzbank
21.05.2024, 10:17 Uhr. ZeroHedge News - https: - Russia Confiscates €800 Million From Deutsche Bank, Unicredit And Commerzbank After two years of being on the receiving end of a weaponized global reserve currency, getting booted from SWIFT, countless (toothless) sanctions and watching some $350 billion of its assets be frozen and soon confiscated, Moscow has had enough, and over the weekend the...
Wall Street's Biggest Bear, Mike Wilson, Finally Capitulates
21.05.2024, 05:48 Uhr. ZeroHedge News - https: - Wall Street's Biggest Bear, Mike Wilson, Finally Capitulates Almost one thousand points higher and almost a year after he said to short the S&P at 3,900 in December 2022, Mike Wilson - who along with JPM's Marko Kolanovic was the most steadfast bear on Wall Street - has finally capitulated. Recall that last October, just around the time we and a handful...
Too Narrowly Focused?
20.05.2024, 01:15 Uhr. ZeroHedge News - https: - Too Narrowly Focused? By Peter Tchir of Academy Securities Too Narrowly Focused? The Citi Economic Surprise Index continues to deteriorate (worst levels in a year). Bond yields have declined (the 10-year Treasury got to 4.31% on Thursday, basically the bottom of our 4.3% to 4.5% range, and crept higher the rest of the week). Bonds in part moved on economic...
Inflation Is A Policy. Gold Does Not Reflect Monetary Destruction, Yet
19.05.2024, 20:35 Uhr. ZeroHedge News - https: - Inflation Is A Policy. Gold Does Not Reflect Monetary Destruction, Yet Authored by Daniel Lacalle, The money supply is rising again, and persistent inflation is not a surprise. Inflation occurs when the amount of currency increases significantly above private sector demand. For investors, the worst decision in this environment of monetary destruction...
US Power Grid May Become Unreliable This Summer, Watchdog Warns
18.05.2024, 04:21 Uhr. ZeroHedge News - https: - US Power Grid May Become Unreliable This Summer, Watchdog Warns Authored by Naveen Athrappully via The Epoch Times, Parts of America could face difficulties in meeting electricity demand during the summer season, with renewable energy sources like wind and solar power posing a potential risk to reliable power supply, according to a report by the North...
Why The Dollar Will Lose Its Status As Global Reserve Currency
18.05.2024, 01:00 Uhr. ZeroHedge News - https: - Why The Dollar Will Lose Its Status As Global Reserve Currency Authored by James Hickman via SchiffSovereign.com, By the early 400s, the Roman Empire was coming apart at the seams and in desperate need of strong, competent leadership. In theory, Honorius should have been the right man for the job. Born into the royal household in Constantinople, Honorius...
These Are The 10 Countries Most In Debt To The IMF
17.05.2024, 03:01 Uhr. ZeroHedge News - https: - These Are The 10 Countries Most In Debt To The IMF Established in 1944, the International Monetary Fund (IMF) supports countries’ economic growth by providing financial aid and guidance on policies to enhance stability, productivity, and job opportunities. Countries seek loans from the IMF to address economic crises, stabilize their currencies, implement...
Traders Ditch Bullish Bets On Oil
16.05.2024, 16:25 Uhr. ZeroHedge News - https: - Traders Ditch Bullish Bets On Oil By Tsvetana Paraskova of OilPrice.com A continuously fading war risk premium and signs that regional oil markets look well supplied prompted traders to slash last week their bullish bets on crude oil at the fastest pace in over a year. The net long position—the difference between bullish and bearish bets—dropped...
Putin Plotting 'Physical Attacks' On West, UK Intelligence Warns, Amid Spate Of Mystery Arsons
14.05.2024, 23:21 Uhr. ZeroHedge News - https: - Putin Plotting 'Physical Attacks' On West, UK Intelligence Warns, Amid Spate Of Mystery Arsons A top British intelligence official has issued a new alarmist warning concerning the 'Russian threat' to the West. Anne Keast-Butler, who for the last year has headed up the UK's GCHQ, or signals intelligence operations (which is the equivalent of America's...
The Broken Magic Trick Behind Dollar Dominance
14.05.2024, 13:20 Uhr. ZeroHedge News - https: - The Broken Magic Trick Behind Dollar Dominance Authored by Peter Reagan via Birch Gold Group, The total debt owed by the United States federal government has reached incredible levels. Today, the total is $34,541,727,970,599.17 – but by the time you read this article, it’ll probably be higher. I say “probably” because the debt is growing...
Transitioning Fleet Trucks To Electric Raises Costs By Up To 114 Percent, Report Warns
14.05.2024, 11:45 Uhr. ZeroHedge News - https: - Transitioning Fleet Trucks To Electric Raises Costs By Up To 114 Percent, Report Warns Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Transitioning conventional truck fleets to electric vehicles (EVs) pushes up annual operational costs, which subsequently increases economic inflation, according to a recent report from transportation...
What's The Inflation Rate Under Biden Vs 7 Previous Presidents?
13.05.2024, 21:31 Uhr. ZeroHedge News - https: - What's The Inflation Rate Under Biden Vs 7 Previous Presidents? Authored by Mike Shedlock via MishTalk.com, Voters seem angry about inflation despite economists telling us how great things are. A few pictures explain. Why Biden Is Losing on the Economy The Wall Street Journal comments on Why Biden Is Losing on the Economy Democrats and the press keep...
Mass Immigration Has "Utterly Failed" Britain As New Report Debunks Myths Of Economic Growth & Fiscal Benefits
13.05.2024, 09:30 Uhr. ZeroHedge News - https: - Mass Immigration Has "Utterly Failed" Britain As New Report Debunks Myths Of Economic Growth & Fiscal Benefits Authored by Thomas Brooke via ReMix News, The U.K.'s cumulative net migration in the 25 years up to 1997 was just 68,000. In the 25 years to follow, cumulative net migration was at least 5.8 million," a damning new report co-authored by Britain's...
Climate "Reparations" Numbers Are Rigged
12.05.2024, 22:05 Uhr. ZeroHedge News - https: - Climate "Reparations" Numbers Are Rigged Authored by Paul Mueller via the American Institute for Economic Research, Nobel Prize–winning economist Esther Duflo thinks rich countries should pay poor countries $500 billion in compensation each year for climate-change damages. It is our “moral debt.” She proposes an international 2-percent wealth...
The (Anti) Social Cost Of Carbon
10.05.2024, 01:00 Uhr. ZeroHedge News - https: - The (Anti) Social Cost Of Carbon Authored by Jonathan Lesser via RealClearEnergy, Forty-two was the mystical number that explained “life, the universe, and everything” in Douglas Adams’ comic novel, The Hitchhiker’s Guide to the Galaxy. Today, another mystical number, the so-called social cost of carbon (SSC), is providing the excuse for the...
Trojan Tomato: A New GMO Is Designed To Infiltrate America's Gardens
08.05.2024, 00:20 Uhr. ZeroHedge News - https: - Trojan Tomato: A New GMO Is Designed To Infiltrate America's Gardens Authored by Sina McCullough via The Epoch Times (emphasis ours), As spring gardening approaches, a new contender has entered the fray—the genetically modified (GM) Purple Tomato. Unlike its GM predecessors, the GM Purple Tomato is not destined solely for the fields of commercial...
Trump Is A Rorschach Test For The Body Politic
07.05.2024, 23:41 Uhr. ZeroHedge News - https: - Trump Is A Rorschach Test For The Body Politic Authored by Frank Miele via RealClearPolitics, It is no secret that Donald Trump is a hot wire that either fires up the imagination of voters or fries the brain. For those of us who experience Trump as a Promethean bringer of enlightening fire to the dark barren fields of modern politics, it is hard to...
Peloton Shares Surge On Private Equity Firm Buyout Report
07.05.2024, 15:13 Uhr. ZeroHedge News - https: - Peloton Shares Surge On Private Equity Firm Buyout Report Just one week after Barry McCarthy, CEO of Peloton Interactive, announced his departure following a disastrous tenure that saw shares plummet by 92%, CNBC reports private equity firms are circling the struggling company, known for strapping iPads on fancy exercise bikes and charging wealthy...
Surging Distress In CRE CLO Loans Spurs Lender Rush To Repurchase Delinquent Multifamily Mortgages
07.05.2024, 12:58 Uhr. ZeroHedge News - https: - Surging Distress In CRE CLO Loans Spurs Lender Rush To Repurchase Delinquent Multifamily Mortgages The commercial real estate sector continues to experience elevated stress (see the state of the industry in charts). The latest crack to emerge is the increasing number of delinquencies on multifamily mortgages. In April, about 8.6% of commercial...
OPEC+ Likely To Extend Production Cuts In June
06.05.2024, 11:00 Uhr. ZeroHedge News - https: - OPEC+ Likely To Extend Production Cuts In June By John Kemp, senior energy analyst at Reuters Saudi Arabia and its allies in OPEC⁺ are likely to keep oil production unchanged for a further three months when ministers review output allocations on June 1. The tightening of petroleum supplies and depletion of inventories widely anticipated at the start...
David Stockman On The $1.3 Trillion Elephant In The Room
05.05.2024, 00:40 Uhr. ZeroHedge News - https: - David Stockman On The $1.3 Trillion Elephant In The Room Authored by David Stockman via InternationalMan.com, These people have to be stopped! We are talking about the nation’s unhinged monetary politburo domiciled in the Eccles Building, of course. It is bad enough that their relentless inflation of financial assets has showered the 1% with untold...
Paul Krugman's Magical Thinking: Taibbi
03.05.2024, 00:57 Uhr. ZeroHedge News - https: - Paul Krugman's Magical Thinking: Taibbi Authored by Matt Taibbi via Racket News, Last week, in “It’s Not Me, It’s You,’” I wrote about a booming new op-ed genre, the editorial that bashes hick voters for their incorrect “Perception of the Economy.” Pundits attack voters’ “stubbornly low” assessments, producing poll numbers that leave...
Will Trump Survive This?
02.05.2024, 12:30 Uhr. ZeroHedge News - https: - Will Trump Survive This? Authored by James Rickards via the Daily Reckoning, This is a highly consequential election year, to say the least. The policy differences between Biden and Trump are enormous. Whether it’s taxes, regulation, borders, energy or foreign policy, the differences couldn’t be clearer. And though I prefer to focus my analysis...
China Humiliated Blinken But Blinken Kept Begging
02.05.2024, 05:50 Uhr. ZeroHedge News - https: - China Humiliated Blinken But Blinken Kept Begging Authored by Gordon Chang via The Gatestone Institute, It is not clear whether a Chinese official was at the Beijing airport to bid farewell to Secretary of State Antony Blinken as he ended his three-day visit to China on Friday, but the send-off was in any event low-key and Chinese leader Xi Jinping...
The Countries Where The Most People Buy Organic
02.05.2024, 02:45 Uhr. ZeroHedge News - https: - The Countries Where The Most People Buy Organic According to the Statista Market Insights, more than 15 percent of food sales in Denmark are of organic products, making the country the biggest market for organic food in relative terms. As Statista's Katharina Buchholz shows in the chart below, Austria, Luxembourg and Switzerland are the only other countries...
Exxon To Win FTC Approval For $60 Billion Pioneer Deal, Creating Energy Supergiant
01.05.2024, 22:16 Uhr. ZeroHedge News - https: - Exxon To Win FTC Approval For $60 Billion Pioneer Deal, Creating Energy Supergiant Having adversely intervened in virtually every other M&A deal in the past 3 years, the Biden FTC will reportedly allow Exxon's $60 billion purchase of Pioneer to go through after the companies agreed to minor concessions, Bloomberg reported citing people familiar with...
Biden Considering Bringing Some Refugees From Gaza To The US
01.05.2024, 05:20 Uhr. ZeroHedge News - https: - Biden Considering Bringing Some Refugees From Gaza To The US With scenes like this spreading across the country, as standoffs at various liberal campuses turn increasingly more violent... PANDEMONIUM IN NYC pic.twitter.com/6E6na2r14k — The_Real_Fly ( The_Real_Fly) May 1, 2024 ... the Biden administration appears to have gotten its Soros marching orders...
Cannabis Bears Squeezed On Report DEA Is Preparing To Reclassify Marijuana
30.04.2024, 20:40 Uhr. ZeroHedge News - https: - Cannabis Bears Squeezed On Report DEA Is Preparing To Reclassify Marijuana The Associated Press has learned the US Drug Enforcement Administration is moving to reclassify marijuana to a less dangerous drug category. Shares of cannabis-related companies erupted on the news. Here's more from AP news: The DEA's proposal, which still must be reviewed...
"He's Back": Morgan Stanley's Adam Jonas Say Musk's China Trip Is "Gesture Of Tesla Commitment"
29.04.2024, 20:56 Uhr. ZeroHedge News - https: - "He's Back": Morgan Stanley's Adam Jonas Say Musk's China Trip Is "Gesture Of Tesla Commitment" Tesla bears are getting their nuts squeezed in the US cash session Monday after Elon Musk's surprise weekend trip to Beijing landed the EV carmaker a deal with tech giant Baidu to roll out its driver-assistance system, known as "Full Self-Driving...
Biden Embraces G20-Proposed 2% Wealth Tax To Battle 'Racial Wealth Inequality'
29.04.2024, 16:22 Uhr. ZeroHedge News - https: - Biden Embraces G20-Proposed 2% Wealth Tax To Battle 'Racial Wealth Inequality' Authored by Mike Shedlock via MishTalk.com, Biden and Yellen support a global minimum tax on corporations. And a new wealth tax scheme is now in the works... Watch Out for a Global Wealth Tax The Wall Street Journal says Watch Out for a Global Wealth Tax In our new socialist...
Tesla Jumps After China Greenlights Full-Self Driving With Baidu
29.04.2024, 13:45 Uhr. ZeroHedge News - https: - Tesla Jumps After China Greenlights Full-Self Driving With Baidu Tesla shares jumped in premarket trading in New York after Bloomberg reported that Beijing had given Tesla the 'greenlight' to roll out its driver-assistance system, known as "Full Self-Driving," or FSD, in the world's largest car market. Sources say Tesla will partner with Chinese...
US Should Adopt UK's 'Rwanda Plan' To Address Illegal Immigration
27.04.2024, 20:01 Uhr. ZeroHedge News - https: - US Should Adopt UK's 'Rwanda Plan' To Address Illegal Immigration Authored by Simon Hankinson via The Epoch Times, After nearly two years of legal and political challenges, Britain’s parliament has finally passed a law confirming that Rwanda is a safe place to send people who arrive in the UK illegally by sea. This is a major policy win for the Conservative...
UK Defense Chief Says Ukraine To Increase Long-Range Strikes In Russia
26.04.2024, 12:55 Uhr. ZeroHedge News - https: - UK Defense Chief Says Ukraine To Increase Long-Range Strikes In Russia Just as President Biden was signing into effect the newly approved foreign defense package which includes $60 billion for Ukraine, the United Kingdom also rolled out its own massive aid package (though paling in comparison), first unveiled Tuesday. Britain announced its single largest...
Is Dune A Copy Of Our Real World
25.04.2024, 17:50 Uhr. ZeroHedge News - https: - Is Dune A Copy Of Our Real World By Michael Every of Rabobank The Golden Path USD/JPY is at 155, a fresh 34-year high, with the Yen slumping 10.2% year-to-date and suggestion that intervention may not come until we get to 160, a level last seen in 1986. USD/CAD is off recent lows at 1.37 but under pressure (as noted by Christian Lawrence): some suggest...
Russia To Seize $440 Million From JPMorgan
25.04.2024, 16:48 Uhr. ZeroHedge News - https: - Russia To Seize $440 Million From JPMorgan Seizing assets? Two can play at that game... Just days after Washington voted to authorize the REPO Act - paving the way for the Biden administration confiscate billions in Russian sovereign assets which sit in US banks - it appears Moscow has a plan of its own (let's call it the REVERSE REPO Act) as a Russian...
China Is Winning Big On Smaller EVs
25.04.2024, 02:30 Uhr. ZeroHedge News - https: - China Is Winning Big On Smaller EVs Smaller is better...at least in the world of building EVs for the Asian market. And while less scrupulous publications might take this opportunity to make stereotypical jokes about height, we'll do no such thing and instead will simply report that according to the IEA's Global Electric Vehicle Outlook 2024, released...
Chinese Have "Grabbed Gold By The Throat" As Capital Flight Accelerates
24.04.2024, 17:11 Uhr. ZeroHedge News - https: - Chinese Have "Grabbed Gold By The Throat" As Capital Flight Accelerates “Chinese speculators have really grabbed gold by the throat...” That is how John Reade, chief market strategist at the World Gold Council, describes the scramble in the communist nation among investors looking to move money anywhere but in the yuan or Chinese assets. As evidenced...
Wave Goodbye To Another Set Of Freedoms With The New Digital ID
24.04.2024, 01:47 Uhr. ZeroHedge News - https: - Wave Goodbye To Another Set Of Freedoms With The New Digital ID Authored by Graham Young via The Epoch Times, “Papers please” used to be the ostinato of totalitarian systems, at least in the movies. With the passing of the government’s Digital ID bills, Australians will have to become used to the digital equivalent - so what does that say about...
Global Military Spending Hits All-Time High Of $2.4 Trillion
23.04.2024, 23:05 Uhr. ZeroHedge News - https: - Global Military Spending Hits All-Time High Of $2.4 Trillion By Tim Martin at BreakingDefense Global military expenditure surged to a record $2.44 trillion in 2023, the largest year-on-year rise on weapons spending since 2009, according to a new Stockholm International Peace Research Institute (SIPRI) report. The report, published today, said that the...
Desperate To Do Whatever It Takes, Unlikely To Make Any Difference: A Dire Warning From Mario Draghi
22.04.2024, 09:30 Uhr. ZeroHedge News - https: - Desperate To Do Whatever It Takes, Unlikely To Make Any Difference: A Dire Warning From Mario Draghi By Eric Peters, CIO of One River Asset Management “We’ve made very clear to China -- and many other countries have as well -- that they should not be supplying Russia with weapons for use in its aggression against Ukraine,” said Secretary of State...
The Intel Agencies Of Government Are Fully Weaponized
22.04.2024, 05:21 Uhr. ZeroHedge News - https: - The Intel Agencies Of Government Are Fully Weaponized Authored by 'sundance' via TheConservativeTreehouse.com, Barack Obama and Eric Holder did not create a weaponized DOJ and FBI; instead, what they did was take the preexisting system and retool it so the weapons only targeted one side of the political continuum. This point is where many people understandably...
Should I Stay Or Should I Go?
21.04.2024, 19:30 Uhr. ZeroHedge News - https: - Should I Stay Or Should I Go? By Peter Tchir of Academy Securities Should I Stay or Should I Go? Coming up for air after what was an intense week on the geopolitical and market side of things, I’m really being forced to reconsider my current recommendations (bearish bonds, stocks, and credit). I keep thinking: If I go, there will be trouble And if...