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The US Fiscal Nightmare - Yellen Can't Expect A Strong Ecoonomy With Higher Spending & Taxes
29.05.2024, 18:11 Uhr. ZeroHedge News - https: - The US Fiscal Nightmare - Yellen Can't Expect A Strong Ecoonomy With Higher Spending & Taxes Authored by Daniel Lacalle, The long-term forecast for higher interest rates, according to Treasury Secretary Janet Yellen, makes it more difficult to control US borrowing needs, which emphasizes the significance of raising revenue in the forthcoming budget...
American Airlines Shares Plummet After Slashing Optimistic Guidance Issued Last Month
29.05.2024, 17:25 Uhr. ZeroHedge News - https: - American Airlines Shares Plummet After Slashing Optimistic Guidance Issued Last Month American Airlines shares hit turbulence Wednesday morning, tumbling the most since early Covid, after executives slashed the adjusted earnings per share outlook for the second quarter, just one month after issuing it. Additionally, Chief Commercial Officer Vasu Raja...
Futures Slide As Bond Yields Spike To 3 Week High
29.05.2024, 14:19 Uhr. ZeroHedge News - https: - Futures Slide As Bond Yields Spike To 3 Week High US futures are weaker with tech and small caps underperforming after the NDX made a new ATH yesterday on the back of the relentless Nvidia meltup. The weakness has been driven by surge in yields, a result of the latest batch of hawkish Fed remarks, two very weak bond auctions and stronger macro data...
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