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Stocks Pause After Dow Briefly Touches Historic 40,000
16.05.2024, 22:02 Uhr. ZeroHedge News - https: - Stocks Pause After Dow Briefly Touches Historic 40,000 The Dow Jones Industrial Average surged above the historic 40,000 mark in late morning and early afternoon trading. Euphoria was high as bulls celebrated Dow 40,000. This week's gains across broad equity indexes were primarily driven by a cooler April CPI print and dismal retail data on Wednesday...
Goldbugs Waited Years For A Massive Comex Short Squeeze, And Finally Got It... Just In The Wrong Metal
16.05.2024, 20:45 Uhr. ZeroHedge News - https: - Goldbugs Waited Years For A Massive Comex Short Squeeze, And Finally Got It... Just In The Wrong Metal For much of the past decade, gold bugs religiously tracked the physical gold inventory located in the various gold vaults that make up the Comex system, eagerly awaiting the day when there would be more deliverables (via paper shorting of gold) than...
Florida Condo Owners Dump Units Over Six-Figure Special Assessments
16.05.2024, 19:45 Uhr. ZeroHedge News - https: - Florida Condo Owners Dump Units Over Six-Figure Special Assessments Authored by Mike Shedlock via MishTalk.com, Have a Florida condo? Can you afford a $100,000 or higher special assessment for new safety standards? After the collapse of a Surfside Building on June 24, 2021that killed 98 people, the state passed a structural safety law that is now...
There Isn't Much That Can Stop This Market For Now
16.05.2024, 15:00 Uhr. ZeroHedge News - https: - There Isn't Much That Can Stop This Market For Now By Michael Miska, Bloomberg Markets Live reporter and strategist With US inflation and retail sales both cooling, bets that the Federal Reserve will cut interest rates are back, and there isn’t much left that could stop stocks from hitting new highs. After most equity markets fully erased April losses...
US Housing Starts/Permits Ugly In April After Huge Revisions
16.05.2024, 14:52 Uhr. ZeroHedge News - https: - US Housing Starts/Permits Ugly In April After Huge Revisions Despite a plunge in sentiment and soaring mortgage rates, analysts expected Starts and Permits to increase in April. They were half right, but both missed bigly - as Starts rose 5.7% MoM (below the +7.6% exp), up from a downwardly revised 16.8% plunge in March; Permits dropped 3.0% MoM (well...
Futures Flat At All Time High As Markets Mull Next Move
16.05.2024, 13:47 Uhr. ZeroHedge News - https: - Futures Flat At All Time High As Markets Mull Next Move US index futures are flat after notching new record highs on the S&P 500 and Nasdaq 100, spurred on by a miss in the US CPI print and retail sales data on Wednesday, which also boosted bets the Federal Reserve will ease policy. That inflation data, which the market was feverishly anticipating,...
What About The Non-Superstar Companies That Account For 85% Of US Jobs
16.05.2024, 13:20 Uhr. ZeroHedge News - https: - What About The Non-Superstar Companies That Account For 85% Of US Jobs By Dhaval Joshi of BCA Research The Superstar Economy The stellar performance of the S&P 500 superstars is not representative of the profits of wider corporate America. For the direction of the US jobs market, we should closely monitor the profits of the 6.4 million non-superstar...
Diesel Takes Another Hit And May Be Driving Down Broader Oil Market
16.05.2024, 00:21 Uhr. ZeroHedge News - https: - Diesel Takes Another Hit And May Be Driving Down Broader Oil Market By John Kingston of FreightWaves With the benchmark diesel price used for most fuel surcharges down for the fifth week in a row, diesel consumers should be reveling in the fact that market trends appear to have completely thrown out concerns about the Middle East conflict and are focused...
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