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And the Bird Flu just keeps on coming…
28.05.2024, 23:35 Uhr. OffGuardian - https: - The bird flu narrative is constantly developing, so I figured it was time for an update. You know…to keep you all abreast of the chicken situation. Ba dum tss! Back in April the scare stories were about Bird Flu jumping from birds to cattle and from cattle to people, and how – as a result …...
It's The Immigrants, Stupid?
28.05.2024, 23:20 Uhr. ZeroHedge News - https: - It's The Immigrants, Stupid? While the Biden administration insists Americans shouldn't believe their lying bank accounts amid 'strong growth and low unemployment,' guess who's actually been benefiting? (Regular ZeroHedge readers already know) You guessed it - 'the controlled influx of immigrants into the US across the southern border,' as Trend Macrolytics...
Today Markets Switch To "T+1" Settlement: Here's All You Need To Know
28.05.2024, 22:40 Uhr. ZeroHedge News - https: - Today Markets Switch To "T+1" Settlement: Here's All You Need To Know In a witty turn of the phrase, Bloomberg writes today that "the US stock market is finally as fast as it was about a hundred years ago" and it's true: it's been about one century since share trades in New York settled in a single day, as they will from Tuesday under new SEC rules...
Is The World Lurching Back Toward A Gold Standard?
28.05.2024, 22:20 Uhr. ZeroHedge News - https: - Is The World Lurching Back Toward A Gold Standard? Authored by Mike Maharrey via Money Metals, Could the world be creeping closer to a monetary gold standard? Steve Forbes sees signs that it is. In a recent article published by Forbes Magazine, Steve Forbes wrote that it may seem hard to believe, but the world is “beginning to lurch toward a gold-based...
No, Corporate Greed Is Not The Cause Of Inflation
28.05.2024, 21:44 Uhr. ZeroHedge News - https: - No, Corporate Greed Is Not The Cause Of Inflation Authored by Lance Roberts via RealInvestmentAdvice.com, Corporate greed is not causing inflation, despite the claims of many on the political left who failed to understand the very basics of economic supply and demand. “If you take a look at what people have, they have the money to spend. It angers...
Bond Traders' Angst Around Election Time Higher Than For Stocks
28.05.2024, 21:02 Uhr. ZeroHedge News - https: - Bond Traders' Angst Around Election Time Higher Than For Stocks Authored by Garfield Reynolds via Bloomberg, Even in an environment where implied volatility readings are grinding lower, there’s some noticeable angst appearing around the November US elections. Bond traders look much more uncertain about the outlook for six months ahead than they...
The Philippines Needs Butter, Not Just Guns
28.05.2024, 20:30 Uhr. Foreign Policy - https: - To counter China, Washington must help its ally address economic issues....
Planes, Grains, & Automobiles... And 'Coinz'
28.05.2024, 19:40 Uhr. ZeroHedge News - https: - Planes, Grains, & Automobiles... And 'Coinz' By Michael Every of Rabobank Planes, Grains, & Automobiles - and 'Coinz' ECB Chief Economist Lane yesterday backed the view a June rate cut is in the bag and even implied July might be too. He pointed out that the majority of EU inflation was due to an energy supply shock now fading: which would be why European...
Wheat Jumps To Nine-Month High On Fears Of Dwindling Global Stockpiles
28.05.2024, 19:21 Uhr. ZeroHedge News - https: - Wheat Jumps To Nine-Month High On Fears Of Dwindling Global Stockpiles During the Memorial Day holiday break, food inflation was certainly on the minds of those who had to purchase beef patties and other BBQ-related items for outdoor parties. The Biden administration has deflected rampant food inflation on 'greedy' corporations, but more likely due...
Ugly 5Y Auction Sends Yields To 2 Week High
28.05.2024, 19:21 Uhr. ZeroHedge News - https: - Ugly 5Y Auction Sends Yields To 2 Week High It wasn't quite as ugly the dismal 2Y auction earlier today but it was still ugly. Moments ago the US Treasury sold $70BN in 5Yr paper, tying the record for biggest auction for this maturity set last month, in what was another subpar sale. The high yield of 4.553% was below last month's 4.659% but it still...
"A Pervasive Fear Has Settled In": Dems Are Absolutely Freaking Out Over Biden
28.05.2024, 18:49 Uhr. ZeroHedge News - https: - "A Pervasive Fear Has Settled In": Dems Are Absolutely Freaking Out Over Biden While keeping in mind the old adage "It's not the votes that count, but who counts the votes," Democrats are absolutely freaking out about what a dumpster fire Joe Biden is heading into the 2024 election. Susan Walsh/AP According to Politico, "A pervasive sense of fear has...
Google's Woke AI Is Hilariously But Frighteningly Broken
28.05.2024, 18:25 Uhr. ZeroHedge News - https: - Google's Woke AI Is Hilariously But Frighteningly Broken Authored by Steve Watson via Modernity.news, Google’s hastily rolled out AI Overview feature is disastrously broken, returning searches claiming that people should spread glue on pizzas, eat rocks, and that it’s safe for pregnant women to smoke cigarettes. The Verge reports that Google...
"Everybody Is Loving This": Former NYC Hotel Worker Says Cash For Housing Migrants Is "Going Around And Around"
28.05.2024, 18:12 Uhr. ZeroHedge News - https: - "Everybody Is Loving This": Former NYC Hotel Worker Says Cash For Housing Migrants Is "Going Around And Around" Migrants being stored in fancy New York City hotels didn't seem to make much sense, did it? Why would these hotels willingly surrender business from their high class patrons to take in migrants? Now we have our answer, and it's the same answer...
Yields Spike After Ugly 2Y Auction As Demand From Foreign Buyers Slides
28.05.2024, 17:58 Uhr. ZeroHedge News - https: - Yields Spike After Ugly 2Y Auction As Demand From Foreign Buyers Slides Today's first of two coupon auctions - the sale of $69 billion in 2Y paper (a 5Y auction follows at 1pm) - priced at 11:31am and it was ugly. Stopping at a high yield of 4.917%, today's auction not only carried the highest yield since last October's 5.055%, but tailed the When Issued...
Memorial Day Jet Fuel Demand Outshines Gasoline
28.05.2024, 17:41 Uhr. ZeroHedge News - https: - Memorial Day Jet Fuel Demand Outshines Gasoline By Josh Owens from OilPrice.com Summer markets for refined oil products are anticipating big numbers, with the AAA teasing the potential for a 4.8% surge in Memorial Day weekend air travelers and rising demand for jet fuel as opposed to gasoline for the busiest driving period of the year, Bloomberg reports...
"Never Intended To Offend" - Pope Apologizes After Homophobic Slur Leak
28.05.2024, 16:40 Uhr. ZeroHedge News - https: - "Never Intended To Offend" - Pope Apologizes After Homophobic Slur Leak Pope Francis has issued an apology this morning after reports surfaced that he used a homophobic slur during a private meeting. He reportedly used the Italian term “frociaggine," which translates to “faggotry” or "faggotness" in English. Citing sources from inside the meeting...
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...
Mt. Gox Moves $9.6 Billion Worth Of Bitcoin - Are Creditors Finally Being Repaid?
28.05.2024, 15:20 Uhr. ZeroHedge News - https: - Mt. Gox Moves $9.6 Billion Worth Of Bitcoin - Are Creditors Finally Being Repaid? Collapsed cryptocurrency exchange Mt. Gox moved $9.62 billion worth of Bitcoin into a new wallet, raising hopes among creditors. As Zoltan Vardai reporets at CoinTelegraph.com, the 141,686 Bitcoin was consolidated into wallet “1Jbez" from several other cold wallets associated...
Everything You Need To Know As Trump Trial Heads To Verdict
28.05.2024, 14:26 Uhr. ZeroHedge News - https: - Everything You Need To Know As Trump Trial Heads To Verdict As lawyers in the criminal trial of former President Donald Trump prepare to deliver their summations today, and the jury makes ready to begin deliberating as soon as the middle of the week, speculation runs high as to whether proceedings will end in an acquittal, a guilty verdict, or a hung...
Traders Starting To Price Out ECB Rate Cuts... And Rightly So
28.05.2024, 13:20 Uhr. ZeroHedge News - https: - Traders Starting To Price Out ECB Rate Cuts... And Rightly So Authored by Ven Ram, Bloomberg cross-asset strategist, Market pricing on the European Central Bank’s rate trajectory for the year is now a lot more realistic, but still has room to mellow. After factoring in as many as three reductions just days ago (and almost seven cuts at the start...
Oil's Fate Hinges On OPEC+ Hanging Tough
28.05.2024, 12:31 Uhr. ZeroHedge News - https: - Oil's Fate Hinges On OPEC+ Hanging Tough By Jake Lloyd-Smith, Bloomberg Markets Live reporter and strategist The global oil market is in OPEC+ walk-up mode. That should keep prices supported this week ahead of the (now online) gaggle, which falls on June 2. After that, price direction hinges on the immediate fallout from the meeting, plus bets about...
Conscription Is Coming Back To Europe
28.05.2024, 09:31 Uhr. ZeroHedge News - https: - Conscription Is Coming Back To Europe Authored by Dénes Albert via ReMix News, While several countries are reintroducing compulsory military service, some EU politicians would welcome a uniform reintroduction across the EU. Hungarian news portal Divány has rounded up the countries that have reintroduced conscription. Professional armies are understaffed...
Zelensky Signs $1BN Weapons Deal With Spain, Includes Patriot Missiles
28.05.2024, 08:45 Uhr. ZeroHedge News - https: - Zelensky Signs $1BN Weapons Deal With Spain, Includes Patriot Missiles Ukraine and Spain have inked a new military deal worth 1 billion euros ($1.08 billion), which will see the Spanish military transfer more military equipment to Kiev over the course of this year. The commitment calls for greater supplies of modern military equipment which prioritizes...
Fear Trump... Or Bust?
28.05.2024, 03:42 Uhr. ZeroHedge News - https: - Fear Trump... Or Bust? Authored by Victor Davis Hanson via American Greatness, As Trump continues to show leads in critical swing states, as various lawfare-inspired cases against him seem to the public to be more persecutions than prosecutions, and as Joe Biden appears daily more incoherent and lost, the left on spec has resorted to warning the nation...
United Airlines Plane Catches Fire At Chicago’s O'Hare Airport
28.05.2024, 03:35 Uhr. ZeroHedge News - https: - United Airlines Plane Catches Fire At Chicago’s O'Hare Airport By Tom Ozimek of The Epoch Times An engine caught fire on a United Airlines flight at Chicago’s O'Hare International Airport on May 27, causing the pilots to abort takeoff. United Airlines flight 2091 from Chicago to Seattle experienced an engine fire at around 2 p.m. local time at O'Hare...
We Are Entering A New Phase In The War In Ukraine
28.05.2024, 02:24 Uhr. ZeroHedge News - https: - We Are Entering A New Phase In The War In Ukraine By Peter Tchir of Academy Securities Today we will just highlight a few things: Thanks to all my colleagues and everyone who has served, and I want to spend an extra moment to honor those who made the ultimate sacrifice. If you missed this month’s Around the World, it is an important read as it outlines...
Wall Street Now Sees Ethereum Hitting $14,000 In 2025: Here's Why
28.05.2024, 02:02 Uhr. ZeroHedge News - https: - Wall Street Now Sees Ethereum Hitting $14,000 In 2025: Here's Why Back in late March, when prevailing consensus was that the SEC would not approve an ethereum ETF, and when its price had dramatically diverged from that of bitcoin, we took the other side. Why was that? For several reasons: first of all, recall that in recent years, Wall Street had traditionally...
"Global Trade War Looms, But It's Not Just Trade War To Fear"
28.05.2024, 00:20 Uhr. ZeroHedge News - https: - "Global Trade War Looms, But It's Not Just Trade War To Fear" By Michael Every of Rabobank History, Humility, and Wishful Thinking The UK election and the “I will protect you, but forgot my umbrella” Tory campaign have both been shaken up by its pledge to bring back conscription for 18-year-olds. This is seen as a desperate gamble and sad joke by...
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