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Bonds & Big-Tech Bid, Everything Else Dumped Despite 'Bad' Data
13.06.2024, 22:00 Uhr. ZeroHedge News - https: - Bonds & Big-Tech Bid, Everything Else Dumped Despite 'Bad' Data Jobless claims surged higher (bad news is good news?) and PPI was cooler than expected (good news is good news) but only big-tech and bonds benefited from this glorious bad news. The stagflationary scenario is starting to wane as inflation 'surprises' tumble to the downside along with growth...
Rollercoaster: Cocoa Prices Surge Above $10,000 A Ton As Global Supply Fears Worsen
13.06.2024, 21:45 Uhr. ZeroHedge News - https: - Rollercoaster: Cocoa Prices Surge Above $10,000 A Ton As Global Supply Fears Worsen The great Cocoa crash from mid-April to the first half of May seems to have ended. Recall prices crashed 45% in that time after a massive multi-month run-up on global supply fears. Now, prices have surged 57% from the $6.767k/ton low, breaking over the $10k mark...
"Unstoppable": Bitcoin Is The Only Decentralized Currency, Tether CEO Says
13.06.2024, 20:45 Uhr. ZeroHedge News - https: - "Unstoppable": Bitcoin Is The Only Decentralized Currency, Tether CEO Says Authored by Helen Partz via CoinTelegraph.com, According to Tether CEO Paolo Ardoino, Bitcoin is unique among the more than 14,000 various cryptocurrencies because it is the only one that is not centralized. Bitcoin is the only decentralized currency, Ardoino said in an interview...
The Inflation Pain Persists
13.06.2024, 20:05 Uhr. ZeroHedge News - https: - The Inflation Pain Persists Authored by Jeffrey Tucker via The Epoch Times, The newest inflation data is out, with a familiar spin. Once again, we are told that it is easing, cooling, settling down, and generally less worrisome. So just relax. Once again, the reality is different from the spin. So much common language in economics is metaphorical and...
Stellar 30Y Auction Sends 10Y Bond Yield To Three Month Low
13.06.2024, 19:17 Uhr. ZeroHedge News - https: - Stellar 30Y Auction Sends 10Y Bond Yield To Three Month Low After a subpar, tailing 3Y and a solid, stopping through 10Y auction earlier this week, moments ago we got the week's final coupon auction when the Treasury sold $22BN in 30Y paper in a reopening of Cusip UA4 (so technically it was a 29-Year, 11-Month auction) in what can only be described...
"Predistribution" Of Free Money: Former Fed Vice-Chair Wants To Restart LBJ's Great Society
13.06.2024, 16:33 Uhr. ZeroHedge News - https: - "Predistribution" Of Free Money: Former Fed Vice-Chair Wants To Restart LBJ's Great Society Authored by Mike Shedlock via MishTalk.com, Listen to this silliness from Alan Blinder, Princeton Economics professor and vice chairman of the Federal Reserve, 1994-96. In Praise of the Great Society Blinder wants to raise the minimum wage, encourage unions and...
S&P Set For 29th Record High Of 2024 As Futures Continue Relentless Grind Higher
13.06.2024, 14:15 Uhr. ZeroHedge News - https: - S&P Set For 29th Record High Of 2024 As Futures Continue Relentless Grind Higher Futures are higher, again, with Tech leading, again, and small-caps lagging, the same trend that we saw after the Powell press conference despite small-caps leading the way most of the session. As of 8:00am, S&P futures were up 0.1% and set for the 29th all time high print...
Middle Class Destruction: The Real Story Behind America's Declining Economy
13.06.2024, 13:45 Uhr. ZeroHedge News - https: - Middle Class Destruction: The Real Story Behind America's Declining Economy Authored by Peter Reagan via Birch Gold Group, It probably comes as no surprise to you that, these days, the middle class, the backbone of the nation, are struggling. “Gasping for air,” as Newsweek puts it. Here’s the original press release from the National True Cost...
EU To Impose Tariffs As High As 48% On Chinese Electric Vehicles
13.06.2024, 13:26 Uhr. GreatGameIndia - https: - The European Commission declared on Wednesday that, starting early next month, it will impose tariffs as high as 48% on Chinese electric vehicles. The European Commission has imposed fresh duties of its own on Chinese electric vehicles, batteries, solar panels, steel, aluminum, and medical equipment, approximately one month after President Joe Biden...
Elon Musk Says Shareholders Back His Pay Package & Texas Move
13.06.2024, 13:21 Uhr. ZeroHedge News - https: - Elon Musk Says Shareholders Back His Pay Package & Texas Move Tesla shares surged more than 7% in premarketing trading in New York after Elon Musk announced on X late Wednesday that both Tesla shareholder resolutions—one involving a 2018 pay package nixed by a Delaware judge earlier this year and another on moving the company's legal home from...
EU To Impose Tariffs As High As 48% On Chinese Electric Vehicles
13.06.2024, 08:45 Uhr. ZeroHedge News - https: - EU To Impose Tariffs As High As 48% On Chinese Electric Vehicles About one month after President Joe Biden slapped new tariffs on Chinese electric vehicles, batteries, solar panels, steel, aluminum, and medical equipment, the European Commission has followed suit with its own set of tariffs. The Commission announced Wednesday that it would apply...
Versicherer weigern sich, für die Schäden aufzukommen
13.06.2024, 06:00 Uhr. Free21.org - https: - Die Nord Stream AG hat im vergangenen Monat beim High Court (Oberstes Gericht von England und Wales, Anm. d. Red.) eine 400 Millionen Euro Klage gegen Lloyd's of London und Arch Insurance eingereicht. Diese hatten sich geweigert, eine Entschädigung für die Unterwassersprengungen zu zahlen, durch die die Nord Stream 1-Pipeline zerfetzt wurde – die...
Is Wellness A Gateway To Right-Wing "Fascism"?
13.06.2024, 05:40 Uhr. ZeroHedge News - https: - Is Wellness A Gateway To Right-Wing "Fascism"? Authored by Robert Malone via The Brownstone Institute, I know the Guardian is a left-wing socialist rag... ...but even for them – their article titled “Everything you’ve been told is a lie!’ Inside the wellness-to-fascism pipeline” is so over the top obnoxious and bigoted that I can’t help...
These Are The Cities Wth The Highest Rent In The US
13.06.2024, 05:20 Uhr. ZeroHedge News - https: - These Are The Cities Wth The Highest Rent In The US Rental prices have surged in several American cities in recent years. Factors such as a limited housing inventory, a changing workforce, and barriers to homeownership have all contributed to the increase in rent costs. This graphic, via Visual Capitalist's Bruno Venditti, shows the top 10 American...
HHS Sued Over Rule Requiring Health Care Providers To Perform 'Gender Transition' Procedures
13.06.2024, 03:01 Uhr. ZeroHedge News - https: - HHS Sued Over Rule Requiring Health Care Providers To Perform 'Gender Transition' Procedures Authored by Tom Ozimek via The Epoch Times (emphasis ours), The attorneys general of Montana and Texas on Tuesday filed a lawsuit against Xavier Becerra, Secretary of the Department of Health and Human Services (HHS), over a rule that says states must pay for...
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)...
The Achilles Heel Of The Fiat Money System
13.06.2024, 01:40 Uhr. ZeroHedge News - https: - The Achilles Heel Of The Fiat Money System Authored by Thorsten Polleit via The Mises Institute, The fiat money system will not disappear just like that. Any expectations or hopes to that end should be tempered. Yes, the fiat money system could collapse; yet there is a significant likelihood it will persist longer than most people might think. This...
Fed Chair Powell Admits The Biden Admin Is "Overstating" Jobs
13.06.2024, 01:03 Uhr. ZeroHedge News - https: - Fed Chair Powell Admits The Biden Admin Is "Overstating" Jobs Every first Friday of this year (here, here and here) we have spent hours deconstructing the glaring propaganda peddled by Biden's Labor Department, meant to show just one thing - how "strong" the economy is under the current administration - and exposing just how ugly the underlying labor...
US Drug Shortage Reaches Decade High: US Pharmacopeia Reports
13.06.2024, 00:20 Uhr. ZeroHedge News - https: - US Drug Shortage Reaches Decade High: US Pharmacopeia Reports Authored by Amie Dahnke via The Epoch Times (emphasis ours), Drug shortages are the highest in a decade, with 2023 topping the charts, according to United States Pharmacopeia’s first annual Drug Shortage Report (USP). “The number of drug shortages has increased over a decade, with 125...
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