Neueste Heute 11.06.2024 10.06.2024
Futures Set For New Record High Ahead Of CPI, Fed Double Header
12.06.2024, 14:13 Uhr. ZeroHedge News - https: - Futures Set For New Record High Ahead Of CPI, Fed Double Header Futures are up modestly after another record close on Wall Street heading into today's double whammy of CPI, and FOMC Dot Plot update, with Nasdaq leading and small-caps lagging. As of 8:00am, S&P futures are up 0.1% to 5,390 and set to extend the stretch of record highs as traders position...
The ECB Policy Nightmare And Rate-Cut Mistake
12.06.2024, 12:30 Uhr. ZeroHedge News - https: - The ECB Policy Nightmare And Rate-Cut Mistake Authored by Daniel Lacalle, The ECB decided to cut rates by 25 basis points the same day it elevated its own inflation estimates for 2024 and 2025. You simply cannot make this up. If you wanted unmistakable proof of the lack of independence of central banks, this is it. The ECB only has one mandate, price...
The Bitcoin Effect: Onwards And Upwards Post-Halving
11.06.2024, 16:05 Uhr. ZeroHedge News - https: - The Bitcoin Effect: Onwards And Upwards Post-Halving Authored by Mark Jeftovic via BombThrower.com, We’re a little over one month since the fourth halving, with the price more or less chopping sideways and the action and sentiment being rather subdued – despite the fact that in terms of immediate post-halving periods, we’re completely in line...
Futures Slide Ahead Of Wednesday's Main Event, As European Political Turmoil Sparks Bond Rout
11.06.2024, 14:16 Uhr. ZeroHedge News - https: - Futures Slide Ahead Of Wednesday's Main Event, As European Political Turmoil Sparks Bond Rout US equity futures are lower with small-caps lagging, while Treasuries and the dollar rose as traders braced for a landmark day tomorrow that sees the release of both CPI data in the morning and then the Fed's latest decision at 2pm ET. The crowded schedule...
Gold & Oil: Understanding Rather Than Fearing Change
11.06.2024, 13:20 Uhr. ZeroHedge News - https: - Gold & Oil: Understanding Rather Than Fearing Change Authored by Matthew Piepenburg via VonGreyerz.gold, There is much legitimate (as well as dramatic) talk about the failing US, its debased currency and its identity-fractured/inflation-taxed middle-class which has been increasingly described more aptly as the working poor. The End, or Just Change...
$82,000 Gold Nugget Stolen From Long Beach Coin Show
11.06.2024, 04:46 Uhr. ZeroHedge News - https: - $82,000 Gold Nugget Stolen From Long Beach Coin Show We guess gold demand really is picking up... In Long Beach this past week, a monster-sized gold nugget that is worth $82,000 was stolen from a coin expo and now, ironically, $10,000 is being offered as a reward for its safe return, according to Fox 11 Los Angeles. Bob Campbell, a Utah-based coin...
The Tension Between The 'Centralized Manager Class' & Reality Is "Explosive"
11.06.2024, 02:25 Uhr. ZeroHedge News - https: - The Tension Between The 'Centralized Manager Class' & Reality Is "Explosive" Authored by James Howard Kunstler via Kunstler.com, If Wishes Were Fishes - a Teachable Intermezzo “Together we can finish the job.” - “Joe Biden” This is the most significant reality of the world picture now: the wishes of the manager class are going in one direction...
Futures Drop Ahead Of CPI, FOMC; Euro Slumps After Weekend Election Shock
10.06.2024, 14:09 Uhr. ZeroHedge News - https: - Futures Drop Ahead Of CPI, FOMC; Euro Slumps After Weekend Election Shock US equities were poised for modest losses to start the week after underlying indexes hit a new all time high on Friday, as focus shifted to Wednesday's CPI data and Thursday's Fed meeting. As of 8:10am, both S&P 500 and Nasdaq futures slid about 0.1%, rebounding from session lows...
Futures Drop Ahead Of CPI, FOMC; Euro Slumps After Weekend Election Shock
10.06.2024, 14:09 Uhr. ZeroHedge News - https: - Futures Drop Ahead Of CPI, FOMC; Euro Slumps After Weekend Election Shock US equities were poised for modest losses to start the week after underlying indexes hit a new all time high on Friday, as focus shifted to Wednesday's CPI data and Thursday's Fed meeting. As of 8:10am, both S&P 500 and Nasdaq futures slid about 0.1%, rebounding from session lows...
Is There A Financial Crisis Bubbling Under The Surface?
10.06.2024, 13:45 Uhr. ZeroHedge News - https: - Is There A Financial Crisis Bubbling Under The Surface? Authored by Mike Maharrey via Money Metals, When the Federal Reserve started raising rates, it precipitated a financial crisis. The central bank managed to paper over the problem with a bailout program, but the crisis continues to bubble and percolate under the surface. According to the latest...
Betting Big That Bitcoin Mining Won't Exist In Five Years...?
09.06.2024, 15:20 Uhr. ZeroHedge News - https: - Betting Big That Bitcoin Mining Won't Exist In Five Years...? Authored by Mark Jeftovic via BombThrower.com, Long Bitcoin / Short Miners Is The Mid-Curve Trade of the Year I’ve never understood the hedgies’ penchant for pair trades: long this / short that is supposed to be some kind of big brain move that either outperforms something or hedges...
Atlas Shrugs Twice
09.06.2024, 04:10 Uhr. ZeroHedge News - https: - Atlas Shrugs Twice Authored by Charles Krblich via The Brownstone Institute, One fateful day in March 2020, the incompetent men shut down the world with lockdowns. It was the opposite of the premise in Atlas Shrugged. Who is John Galt? Who cares? The incompetent people could stop the motor of the world too. Atlas shrugs either by disappearing competence...
Copper Breaks Trend Line As Trafigura Questions Spike, Hedge Funds Bet Big
09.06.2024, 03:35 Uhr. ZeroHedge News - https: - Copper Breaks Trend Line As Trafigura Questions Spike, Hedge Funds Bet Big Tight supplies from copper mines and the looming threat of a worsening global deficit rocketed copper prices from February to June, and the AI trade, which drove momentum from speculative traders, pushed prices even higher. But in recent weeks, prices have tumbled, breaking...
Commodities And The Boom-Bust Cycle
08.06.2024, 17:40 Uhr. ZeroHedge News - https: - Commodities And The Boom-Bust Cycle Authored by Lance Roberts via RealInvestmentAdvice.com, It is always interesting when commodity prices rise. The market produces various narratives to suggest why prices will keep growing indefinitely. Such applies to all commodities, from oil to orange juice or cocoa beans. For example, Michael Hartnett of BofA recently...
Gold Overtakes Euro in Global International Reserves
07.06.2024, 12:30 Uhr. ZeroHedge News - https: - Gold Overtakes Euro in Global International Reserves ByJan Nieuwenhuijs of Gainesville Coins Sturdy central bank gold buying since 2009 and a rising gold price has grown the precious metal’s share of global international reserves to the detriment of fiat currencies. By the end of 2023 gold surpassed the euro and the next fiat currency to be challenged...
ECB Cuts Rates For The First Time Since 2019, Does Not "Pre-Commit To A Particular Rate Path"
06.06.2024, 14:28 Uhr. ZeroHedge News - https: - ECB Cuts Rates For The First Time Since 2019, Does Not "Pre-Commit To A Particular Rate Path" And so, the second G7 central bank to launch an easing cycle in the past 24 hours (the BOC was the first) is in the history books. Moments ago the ECB confirmed that, as widely previewed and expected, it cut rates by 25bps as follows: ECB Cuts Deposit Facility...
Futures Flat As Tech Storms Higher, ECB Rate Cut Looms
06.06.2024, 14:04 Uhr. ZeroHedge News - https: - Futures Flat As Tech Storms Higher, ECB Rate Cut Looms US equity futures were flat after the S&P 500 notched its 25th closing record on Wednesday, even as global tech shares plowed higher with expectations of more rate cuts adding to the ongoing frenzy around artificial intelligence; With the ECB set to cut rates for the first time since 2019, Nvidia...
ECB Preview And Scenario Analysis: The First Rate Cut Since 2019
06.06.2024, 04:54 Uhr. ZeroHedge News - https: - ECB Preview And Scenario Analysis: The First Rate Cut Since 2019 Hot on the heels of the first G7 central bank rate cut this cycle, when the BOC cut rates by 25bps this morning, tomorrow the ECB is widely expected to follow suit and lower the deposit rate from 4.00% to 3.75% for the first time since September 2019, with markets assigning a 94% chance...
Bank of Canada Cuts Rates By 25bps As Expected, First G7 Central Bank To Launch Easing Cycle
05.06.2024, 16:01 Uhr. ZeroHedge News - https: - Bank of Canada Cuts Rates By 25bps As Expected, First G7 Central Bank To Launch Easing Cycle As widely expected after significant dovish commentary in recent months, moments ago the Bank of Canada cut rates by 25bps from 5.00% to 4.75% as a majority of economists expected, and signaled that it is "reasonable to expect further cuts" if inflation eases...
Futures Gain With Fresh S&P All-Time High Less Than 1% Away
05.06.2024, 14:11 Uhr. ZeroHedge News - https: - Futures Gain With Fresh S&P All-Time High Less Than 1% Away US equity futures edged higher and were again on pace to reclaim all time highs (which again is less than 1% away away) on expectations that a slew of labor-market readings this week may support the Federal Reserve’s policy easing. As of 7:40am ET, S&P futures rose 0.25% and were at session...
Key Events This Week: Jobs, Jolts, ISM, And Fed Blackout Period Begins
03.06.2024, 18:20 Uhr. ZeroHedge News - https: - Key Events This Week: Jobs, Jolts, ISM, And Fed Blackout Period Begins It's another payrolls week with consensus (+190k) expecting job gains to pick up from last month's +175k number with unemployment widely expected to stay at 3.9%. As DB's Jim Reid writres this morning, the bank's economists think the risks are biased to it rounding down a tenth rather...
China Ramps Up Warning On Bond-Buying Frenzy With PBOC Selling in Focus
03.06.2024, 04:37 Uhr. ZeroHedge News - https: - China Ramps Up Warning On Bond-Buying Frenzy With PBOC Selling in Focus By John Liu and Zheng Wu, Bloomberg Markets Live reporters and strategists Three things we learned last week: 1. China’s central bank gave its strongest warning yet against overheating in the government bond market. A paper backed by the People’s Bank of China said the monetary...
5 Ways Fed Medicine Is Worse Than The Disease
03.06.2024, 03:00 Uhr. ZeroHedge News - https: - 5 Ways Fed Medicine Is Worse Than The Disease Via SchiffGold.com, Central bank monetary tactics have proven to be a toxic remedy, amplifying rather than curing economic ailments. Like a surgeon whose operation only worsens the patient’s condition, central banks administer policies that do more harm than good. Here are five ways central banks leave...
The Ideological Battle Behind The US Debt Crisis
02.06.2024, 22:21 Uhr. ZeroHedge News - https: - The Ideological Battle Behind The US Debt Crisis Via SchiffGold.com, The U.S. national debt is at 34.7 trillion dollars. If you laid that many dollar bills end-to-end, it would wrap around the Earth 134,599 times. That’s enough to travel to the sun and back 17 times. Suffice it to say, we’re in a pickle. America is slowly approaching the precipice...
OPEC+ Agrees To Extend Collective Output Cuts Until End Of 2025
02.06.2024, 19:25 Uhr. ZeroHedge News - https: - OPEC+ Agrees To Extend Collective Output Cuts Until End Of 2025 As we previewed last month, OPEC+ agreed to extend its oil production cuts well into 2025, while also setting a timeline for gradually winding down some of those curbs later this year. As reported by Bloomberg, the agreement reached in the Saudi capital Riyadh on Sunday exceeds market expectations...
What A China-Taiwan Conflict Could Mean For Semiconductors, Gold
01.06.2024, 23:31 Uhr. ZeroHedge News - https: - What A China-Taiwan Conflict Could Mean For Semiconductors, Gold Via SchiffGold.com, American-made weapons will soon be bound for Taiwan, American lawmakers are telling Taiwanese President Lai Ching-te, sending shockwaves of uncertainty through electronics and metals markets this week. In a pointed “celebration” of Lai’s recent inauguration,...
Did FDR Really Confiscate Everybody's Gold?
01.06.2024, 15:20 Uhr. ZeroHedge News - https: - Did FDR Really Confiscate Everybody's Gold? Authored by Mike Maharrey via Money Metals, Did the U.S. government really try to confiscate Americans' gold? The short answer is... well, there isn't a short answer. It's a complicated subject with more nuance than most people give it. Yes, President Franklin D. Roosevelt did try to take most of the gold...
Why China Does Not Dare To Solve Its Problems By Printing Large Amounts Of Money
31.05.2024, 17:05 Uhr. ZeroHedge News - https: - Why China Does Not Dare To Solve Its Problems By Printing Large Amounts Of Money Authored by Law Ka-Chung via The Epoch Times, China’s proposal of a 300 billion Yuan bank loan to rescue the housing sector is obviously a tiny amount compared to the amount outstanding; I discussed this in last week’s piece here. At first glance, it looks odd that...
Bitcoin: A New Hope For Innovators In Corrupt Economies
30.05.2024, 04:20 Uhr. ZeroHedge News - https: - Bitcoin: A New Hope For Innovators In Corrupt Economies Authored by Win Ko Ko Aung via BitcoinMagazine.com, In a world where "talent is everywhere, opportunity is not," the existing fiat monetary system perpetuates the divide between those with access and resources those without. Even in democratic societies, which have their own flaws, people generally...
Why It's Time To Stop Taxing Gold & Silver
30.05.2024, 02:20 Uhr. ZeroHedge News - https: - Why It's Time To Stop Taxing Gold & Silver By Jesse Colombo, of BullionStar You’d have to be hiding under a rock to be unaware that inflation is one of the most pressing issues of our time. After a shocking 23% increase in the cost of living since 2019, all but the wealthiest of Americans are getting squeezed and seeing their living standards plummet...
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...
When Will Gold & Silver Miners Start Believing In Their Product?
29.05.2024, 19:21 Uhr. ZeroHedge News - https: - When Will Gold & Silver Miners Start Believing In Their Product? Authored by Stefan Gleason via Money Metals, Miners spend billions of dollars every year pulling precious metals out of the ground. They toil mightily for years on end to produce these stores of value – but then they turn right around and sell all their gold and silver immediately in...
Goldman Veteran Will Be Next Cleveland Fed President
29.05.2024, 16:52 Uhr. ZeroHedge News - https: - Goldman Veteran Will Be Next Cleveland Fed President Once upon a time, we joked that Goldman had become a veritable incubator for future central bank heads: from NY Fed's Bill Dudley, to BOC's Mark Carney, to ECB's Mario Draghi, to disgraced Dallas Fed daytrader Robert Kaplan, and Minneapolis Fed "chump" Neel Kashkari, it seemed that anywhere one looked...
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...
Is The Federal Reserve Just Winging It?
29.05.2024, 13:20 Uhr. ZeroHedge News - https: - Is The Federal Reserve Just Winging It? Authored by Mike Maharrey via Money Metals, Are the central bankers at the Federal Reserve just winging it? It sure seems that way if you step back and take a long view of their decision-making. Fed officials project this aura of authority. You might imagine them as hyper-intelligent experts in the field of...
Rancher: Record High Beef Prices May Be 'New Norm'
29.05.2024, 02:20 Uhr. ZeroHedge News - https: - Rancher: Record High Beef Prices May Be 'New Norm' Authored by Matthew Lysiak via The Epoch Times (emphasis ours), Beef prices skyrocketed to a new record high this Memorial Day weekend as industry experts warn costs could continue to rise even higher if current regulatory and economic conditions remain unchanged. Ground beef is displayed at a butcher...
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...
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...
Futures Rise On Apple China Sales Rebound As Attention Turns Back To Inflation
28.05.2024, 14:08 Uhr. ZeroHedge News - https: - Futures Rise On Apple China Sales Rebound As Attention Turns Back To Inflation Stocks traded in a narrow range as markets reopened in the US and Europe with investors putting (a stronger than expected) Q1 earnings season in the history books, and looking to Friday's core PCE print prints and central bank speakers for hints on the timing of interest-rate...
"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...
The Fed Vs. The Treasury: All Roads Lead To Inflation
27.05.2024, 22:21 Uhr. ZeroHedge News - https: - The Fed Vs. The Treasury: All Roads Lead To Inflation Via SchiffGold.com, In the fight against inflation, is it the Fed or the Treasury that calls the shots? The answer is, it’s both. The Fed raises interest rates to make loans less attractive and bring inflation down, but The Treasury has its own set of magic tricks to artificially “stimulate”...
David Stockman On The Continual Rise In The Cost Of Living... And Why The Fed Has No Shame
27.05.2024, 19:42 Uhr. ZeroHedge News - https: - David Stockman On The Continual Rise In The Cost Of Living... And Why The Fed Has No Shame Authored by David Stockman via InternationalMan.com, Jay Powell did it again assuring the 1% that he has their back. Markets recovered their poise over the last 24 hours, as investors were relieved after Fed Chair Powell stuck to his recent views on the economic...
Futures Flat With US Closed For Memorial Day
27.05.2024, 15:56 Uhr. ZeroHedge News - https: - Futures Flat With US Closed For Memorial Day US cash markets may be closed for holiday, but index futures continue trading; even so, however, they have barely budged as futures kept to a very narrow range on Monday, as investors weighed the recent blowout results from Nvidia and overall solid earnings season against the outlook for higher-for-longer...
Yields Will Stay Higher For Longer With Commodities
27.05.2024, 15:00 Uhr. ZeroHedge News - https: - Yields Will Stay Higher For Longer With Commodities By Garfield Reynolds, Bloomberg Markets Live reporter and strategist Surging commodity prices are threatening to bring inflation back through a door that investors thought central banks had slammed shut. That’s bringing yields higher, but the structural boost to fiscal spending that is helping drive...
Would Returning To The Gold Standard Resolve Our Most Pressing Monetary Problems?
26.05.2024, 15:55 Uhr. ZeroHedge News - https: - Would Returning To The Gold Standard Resolve Our Most Pressing Monetary Problems? Authored by Charles Hugh Smith via OfTwoMinds blog, We all know the problem with fiat currency: the temptation to print more currency is irresistible, but ultimately destructive. Money in all its forms attracts quasi-religious beliefs and convictions. This makes it difficult...
What History Reveals About Interest Rate Cuts
25.05.2024, 22:57 Uhr. ZeroHedge News - https: - What History Reveals About Interest Rate Cuts The Federal Reserve has overseen seven cycles of interest rate cuts, averaging 26 months and 6.35 percentage points (ppts) each. Visual Capitalist partnered with New York Life Investments to examine the impact of interest rate cut cycles on the economy and on the performance of financial assets in the...
Exceptionally Strong PBoC And Chinese Private Sector Buying Continues To Boost Gold Price
25.05.2024, 21:10 Uhr. ZeroHedge News - https: - Exceptionally Strong PBoC And Chinese Private Sector Buying Continues To Boost Gold Price By Jan Nieuwenhuijs of Gainesville Coins Chinese private sector gold imports accounted for 543 tonnes in the first quarter, while the People’s Bank of China (PBoC) added 189 tonnes to its reserves over this time horizon. Most of the PBoC’s purchases are “unreported...
Inflation To The Nines
25.05.2024, 18:50 Uhr. ZeroHedge News - https: - Inflation To The Nines By Peter C. Earle of the American Institute for Economic Research Twice in the past few weeks President Joe Biden has claimed that when he took office in January 2021 inflation was “over nine percent.” First on CNN’s OutFront with Erin Burnett on May 8 and again on May 14 in a Yahoo! Finance interview, the bizarre comment...
A Fork In The Road Of The EU
25.05.2024, 14:10 Uhr. ZeroHedge News - https: - A Fork In The Road Of The EU Authored by David Thunder via the Brownstone Institute, In case you hadn’t noticed, we just celebrated “Europe Day” on Thursday, May 9th, marking the 74th anniversary of the Schuman Declaration. This declaration, presented by French Foreign Minister Robert Schuman on 9th May 1950, paved the way for the formation of...