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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...
Will Raisi's Death Lead To Softer Iranian Policy Towards The West
28.05.2024, 23:00 Uhr. ZeroHedge News - https: - Will Raisi's Death Lead To Softer Iranian Policy Towards The West By Simon Watkins of OilPrice.com The death of Iranian President Ebrahim Raisi in a helicopter crash on Sunday 19 May has reignited optimism among some that Iran’s stance towards the West may soften again into the pragmatic approach of his reforming predecessor, President Hassan Rouhani...
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...
NVDA Sucks All The Oxygen Out Of The Market Again...
28.05.2024, 22:03 Uhr. ZeroHedge News - https: - NVDA Sucks All The Oxygen Out Of The Market Again... Two words - F**king NVDA - sum up today as the AI giant accelerated on the back of a gamma-squeeze... Source: SpotGamma ...which created these gains... And now we are up 4500% in one day. Hey garygensler, maybe once you emerge from under Senator Karen's skirt, you can pretend to do your job. https://t...
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...
IDF Tanks Reach Center Of Rafah As Hamas Claims 'Indiscriminate Bombing' Of Population
28.05.2024, 20:40 Uhr. ZeroHedge News - https: - IDF Tanks Reach Center Of Rafah As Hamas Claims 'Indiscriminate Bombing' Of Population Israeli tanks have reached the heart of Rafah overnight amid continual heavy bombardment and shelling. Local eyewitnesses say they've reached a roundabout in the center of the city which forms a key landmark. Images and footages to emerge Tuesday have confirmed the...
Supreme Court Rejects Lawyer Michael Avenatti's Bid To Overturn Conviction
28.05.2024, 20:20 Uhr. ZeroHedge News - https: - Supreme Court Rejects Lawyer Michael Avenatti's Bid To Overturn Conviction Authored by Zachary Stieber via The Epoch Times (emphasis ours), The U.S. Supreme Court on May 28 said it was rejecting a bid by lawyer Michael Avenatti, known for representing adult film actress Stormy Daniels, to overturn his conviction in a Nike-related case. Attorney Michael...
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...
Federal Judge Denies Jack Smith's Request For Gag Order Against Trump
28.05.2024, 19:04 Uhr. ZeroHedge News - https: - Federal Judge Denies Jack Smith's Request For Gag Order Against Trump Authored by Jack Phillips via The Epoch Times (emphasis ours), U.S. District Judge Aileen Cannon on Tuesday denied a gag order request submitted by special counsel Jack Smith in former President Donald Trump’s classified documents case. Over the past weekend, Mr. Smith’s team...
"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...
EU Ministers Mull Sanctions On Israel As Ireland, Spain, Norway Recognize Palestinian State
28.05.2024, 17:22 Uhr. ZeroHedge News - https: - EU Ministers Mull Sanctions On Israel As Ireland, Spain, Norway Recognize Palestinian State Israel's military says it is investigating what Prime Minister Benjamin Netanyahu called a "tragic mishap" - the Sunday bombing of a refugee camp in Rafah which reportedly killed 45 Palestinians, including women and children, and injured dozens. This rare expression...
Trump, Biden Escalate Attacks On RFK Jr., Who Plans To 'Spoil The Election' For Both
28.05.2024, 17:00 Uhr. ZeroHedge News - https: - Trump, Biden Escalate Attacks On RFK Jr., Who Plans To 'Spoil The Election' For Both Authored by Jeff Louderback via The Epoch Times (emphasis ours), Conspiracy theorist. Anti-vaxxer. Dangerous. Spoiler. (Illustration by The Epoch Times, Shutterstock, Getty Images) Since Robert F. Kennedy Jr. entered the 2024 presidential race in April 2023, critics...
"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...
Hedge Funds Split Over Stocks' Move From Here
28.05.2024, 16:20 Uhr. ZeroHedge News - https: - Hedge Funds Split Over Stocks' Move From Here Authored by Simon White, Bloomberg macro strategist, CTAs are getting shorter the stock market while long/short equity funds have been getting longer. The last time this happened, in November, long/short funds were positioned correctly, with the market rallying over the next five months. CTAs, or managed...
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...
Ukraine Confirms France Will Send Military Trainers To Its Soil
28.05.2024, 15:43 Uhr. ZeroHedge News - https: - Ukraine Confirms France Will Send Military Trainers To Its Soil Ukraine's military says it is 'welcoming' French trainers in Ukraine, in new remarks which strongly suggest that for the first time France is deploying its troops to Ukraine soil. This marks the beginning of major 'boots on the ground' escalation in a formal, public capacity by a NATO state...
Is the Gaza-Israel Fighting “A False Flag”? They Let It Happen? Their Objective Is “to Wipe Gaza Off the Map”?
28.05.2024, 15:23 Uhr. Global Research - https: - “Anyone who wants to thwart the establishment of a Palestinian state has to support bolstering Hamas and transferring money to Hamas. This is part of our strategy". Benjamin Netanyahu The post Is the Gaza-Israel Fighting “A False Flag”? They Let It Happen? Their Objective Is “to Wipe Gaza Off the Map”? appeared first on Global...
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...
US Home Prices Reached New Record High In March, Despite Soaring Rates
28.05.2024, 15:13 Uhr. ZeroHedge News - https: - US Home Prices Reached New Record High In March, Despite Soaring Rates Home prices in America's 20 largest cities rose for the 13th straight month in March (according to the latest data from S&P CoreLogic - Case Shiller - data today), up 0.33% (more than the expected 0.3%) with the 0.61% MoM gain In Febriary revised down to +0.55% MoM. Source: Bloomberg...
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...
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...
Elon Musk's xAI Raises $6 Billion To Accelerate AI Race Against OpenAI
28.05.2024, 13:46 Uhr. ZeroHedge News - https: - Elon Musk's xAI Raises $6 Billion To Accelerate AI Race Against OpenAI Elon Musk's AI startup, xAI, announced early Monday morning that it had raised $6 billion from investors in a Series B fundraising round. This funding will accelerate its artificial intelligence development as the AI tech war with OpenAI intensifies. Some key investors were Valor Equity...
Here’s Why The Biggest Beneficiary Of Boeing’s Downfall Is China
28.05.2024, 13:21 Uhr. GreatGameIndia - https: - Amid Boeing’s challenges, China’s Comac rises as a prominent beneficiary, positioning itself to potentially surpass the American aviation giant. To fulfill the growing domestic demand for passenger jets, the Commercial Aircraft Corporation of China, or Comac, intends to increase its manufacturing capacity. This expansion comes at the same...
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...
Nvidia Is Worth More Than All Of These Companies Combined
28.05.2024, 12:55 Uhr. ZeroHedge News - https: - Nvidia Is Worth More Than All Of These Companies Combined Nvidia’s massive rise in the AI era has been well-documented, but did you know that it’s currently the world’s third most valuable company? To put the massive market cap of Nvidia into perspective, we’ve put it side by side with a collection of other major U.S. tech companies. All figures...
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...
UK's Sunak Vows Mandatory Conscription For 18-Year-Olds If Elected
28.05.2024, 11:46 Uhr. ZeroHedge News - https: - UK's Sunak Vows Mandatory Conscription For 18-Year-Olds If Elected In another ominous sign of things to come, leading Western governments appear to be preparing for 'something big' at a moment the proxy war between Russian and NATO centered in Ukraine is escalating at uncontrollable pace. "Rishi Sunak has vowed to introduce mandatory national service...
The Free World: An Alarming Status Report
28.05.2024, 11:00 Uhr. ZeroHedge News - https: - The Free World: An Alarming Status Report Authored by Majod Rafizadeh via The Gatestone Institute, In the last few years, we have witnessed a world that has become significantly less safe and secure. American and Western policy failures and strategic missteps appear to have emboldened adversaries and undermined allies. A lack of decisive action and...
These Countries Have The Highest GDP Per Capita In Africa
28.05.2024, 10:15 Uhr. ZeroHedge News - https: - These Countries Have The Highest GDP Per Capita In Africa With a GDP per capita of $21,580 in 2023, the Seychelles is Africa's most prosperous nation, based on this indicator. Highly dependent on tourism, Statista's Anna Fleck notes that the archipelago's economy remains highly vulnerable to global disruptions affecting the sector, as was the case during...
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...
The Collective Shrug Over Fico Assassination Attempt Exposes The Drive For War
28.05.2024, 08:00 Uhr. ZeroHedge News - https: - The Collective Shrug Over Fico Assassination Attempt Exposes The Drive For War Authored by Craig Murray The collective shrug with which the Western media and political class noted the attempted assassination of Slovakian Prime Minister Robert Fico has been telling. Can you imagine the outrage and emotion that would have been expressed by Western powers...
A Final Indignity To The Arsenal Of Democracy?
28.05.2024, 05:02 Uhr. ZeroHedge News - https: - A Final Indignity To The Arsenal Of Democracy? Authored by Thaddeus McCotter via American Greatness, It is Memorial Day weekend. A time for us to commemorate and reflect upon the ultimate sacrifices given by our fallen citizen-soldiers and the enduring grief of their families and loved ones, which were and are selflessly borne in the defense of their...
Israeli & Egyptian Troops Clash At Rafah Border, Leaving One Dead
28.05.2024, 04:23 Uhr. ZeroHedge News - https: - Israeli & Egyptian Troops Clash At Rafah Border, Leaving One Dead In a significant escalation, an Egyptian soldier has been shot dead at the Rafah border crossing after a rare exchange of gunfire erupted between the two sides. Israel's Channel 14 described that Egyptian security forces "fired on an Israeli truck at the Rafah crossing" and that immediately...
Memorial Day 2050: How Will Future Americans Look Back On This Moment?
28.05.2024, 03:02 Uhr. ZeroHedge News - https: - Memorial Day 2050: How Will Future Americans Look Back On This Moment? Memorial Day 2024... honoring the men and women who bravely fought and died while serving in the US military. Across the country, many Americans will visit cemeteries and hold memorials for the fallen, and participate in patriotic parades. Years down the road, or even by the middle...
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...
Absurd: Radical Leftist Rashida Tlaib Speaks At Conference Connected With Terrorist Group
28.05.2024, 01:41 Uhr. ZeroHedge News - https: - Absurd: Radical Leftist Rashida Tlaib Speaks At Conference Connected With Terrorist Group Rashida Tlaib, a Congresswoman from Detroit and a member of the Democratic Socialists of America, spoke over the weekend at the "People's Conference for Palestine," linked to the Popular Front for the Liberation of Palestine (PFLP). This group, an Arab nationalist...
The Tomb Of The Unknown Soldier & Our Societal Detachment From War
28.05.2024, 01:00 Uhr. ZeroHedge News - https: - The Tomb Of The Unknown Soldier & Our Societal Detachment From War Authored by John Weeks via The Libertarian Institute, Modern nation states have developed an impressive symbolic innovation to memorialize their war dead, the tomb of the unknown soldier: “No more arresting emblems of the modern culture of nationalism exist than cenotaphs and tombs...
"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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