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WTI Extends Losses After API Reports Unexpected Crude Build
21.05.2024, 22:46 Uhr. ZeroHedge News - https: - WTI Extends Losses After API Reports Unexpected Crude Build Oil (and gasoline) prices were lower today (WTI sliding back near two-month lows) as the Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer. However, the...
Stocks Inch Higher As Fearless Vol-Sellers Continue To Push Ahead Of NVDA/FOMC Mins
21.05.2024, 22:02 Uhr. ZeroHedge News - https: - Stocks Inch Higher As Fearless Vol-Sellers Continue To Push Ahead Of NVDA/FOMC Mins It's quiet... too quiet... Small Caps lagged on the day but the rest of the majors struggled to gain any momentum as long gamma and low vol compressed the ranges. Some early hawkish (though nothing new) remarks from Fed's Waller ("...in the absence of a significant weakening...
Biden Drains Entire Northeast Gasoline Reserve In Bid To Lower Gas Prices As He Trails Trump By Double Digits
21.05.2024, 20:47 Uhr. ZeroHedge News - https: - Biden Drains Entire Northeast Gasoline Reserve In Bid To Lower Gas Prices As He Trails Trump By Double Digits Back in March, when reading the mammoth, 1050-page bill that was meant to avert government shutdown, but was yet another pork filled free-for-all bonanza authorizing $1.7 trillion in in discretionary spending, we stumbled upon something that...
Global Bankers Are Suddenly Worried About The Soaring US National Debt
21.05.2024, 19:33 Uhr. ZeroHedge News - https: - Global Bankers Are Suddenly Worried About The Soaring US National Debt In January of this year JP Morgan CEO Jamie Dimon argued in an interview with Fortune Magazine that the record US debt 'Is a cliff...and we're going 60MPH towards it." He claimed that the situation was a global market rebellion waiting to happen. His comments preceded reports...
The Wrath Of Khan... Or Why At Some Point The Lack Of Global Rule Of Law Will Matter Mightily
21.05.2024, 19:09 Uhr. ZeroHedge News - https: - The Wrath Of Khan... Or Why At Some Point The Lack Of Global Rule Of Law Will Matter Mightily By Michael Every of Rabobank Karim Khan, chief prosecutor of the International Criminal Court (ICC), has announced he is applying for arrest warrants for Israeli Prime Minister Netanyahu and Defence Minister Gallant, the first time leaders of a Western democracy...
Russia Launches Tactical Nuclear Drills Near Ukraine In Response To 'Western Threats'
21.05.2024, 18:45 Uhr. ZeroHedge News - https: - Russia Launches Tactical Nuclear Drills Near Ukraine In Response To 'Western Threats' Russia on Tuesday confirmed that its forces have kicked off tactical nuclear weapons drills in its southern military district, which is near the Ukrainian border, in what the Kremlin has described as a response to "threats" by the West. The defense ministry (MoD) announced...
Mainstream Finally Gets It... The AI Investment Play Isn't Tech, It's Energy
21.05.2024, 16:05 Uhr. ZeroHedge News - https: - Mainstream Finally Gets It... The AI Investment Play Isn't Tech, It's Energy Almost two months ago, we highlighted what we called at the time 'The Next AI Trade' - that in fact it is not the tech itself, but the electrical power required to run the tech that is the limiting factor on the growth of AI (and Data Center) expansion. These pages have been...
How Private Equity "Adds Value" In A Fiat-Financed World
21.05.2024, 15:44 Uhr. ZeroHedge News - https: - How Private Equity "Adds Value" In A Fiat-Financed World Authored by Mark Jeftovic via BombThrower.com, This past weekend I was at the Canadian Bitcoin Conference in Montreal, where I moderated a panel on Bitcoin As A Treasury Asset For Corporations. At the time I disclosed that 100% of easyDNS‘ retained earnings are in Bitcoin – and that the...
"Are You Staring Me Down?": Judge Merchan Becomes An Oddity In His Own Courtroom
21.05.2024, 15:01 Uhr. ZeroHedge News - https: - "Are You Staring Me Down?": Judge Merchan Becomes An Oddity In His Own Courtroom Authored by Jonathan Turley, Below is my column in the New York Post on the meltdown of Michael Cohen on the stand in the Manhattan trial of former President Donald Trump. In a trial careening out of control, Judge Juan Merchan seemed to be furiously working to just get...
WEF Founder Klaus Schwab Stepping Down As Executive Chairman
21.05.2024, 14:41 Uhr. ZeroHedge News - https: - WEF Founder Klaus Schwab Stepping Down As Executive Chairman 'You'll own nothing in retirement and be happy'... Wit the organization he founded 50 years ago bringing in nearly $500 million in revenue in the year ending March 2023 (and sitting on a neat pile of 200 million Swiss francs cash), Klaus Schwab will own some things as he reportedly steps back...
Futures Flat As Investors Wait For Nvidia Earnings; Ethereum Soars
21.05.2024, 14:06 Uhr. ZeroHedge News - https: - Futures Flat As Investors Wait For Nvidia Earnings; Ethereum Soars US futures are flat, reversing earlier losses, with European bourses and Asian markets all lower as the international risk-off tone carries over to the US pre-mkt, likely driven by a desire to see the NVDA print before determining near-term direction. Until then, markets are hunting...
Several States Take Steps To Block A Central Bank Digital Currency
21.05.2024, 13:20 Uhr. ZeroHedge News - https: - Several States Take Steps To Block A Central Bank Digital Currency Authored by Mike Maharrey via Money Metals, Several states have taken action over the last two years in an effort to block the implementation of a central bank digital currency (CBDC) in the United States. Indiana was the first state to pass legislation relating to central bank digital...
Behind Rosy Economic Data, Americans Struggle To Make Ends Meet
21.05.2024, 12:30 Uhr. ZeroHedge News - https: - Behind Rosy Economic Data, Americans Struggle To Make Ends Meet Authored by Emel Akan via The Epoch Times (emphasis ours), Monica Lomax, a 59-year-old resident of Elkridge, Maryland, has been feeling the pinch of rising costs. She’s had to tighten her budget, especially for groceries and clothing. Now, her shopping trips are primarily for essentials...
Russia Confiscates €800 Million From Deutsche Bank, Unicredit And Commerzbank
21.05.2024, 10:17 Uhr. ZeroHedge News - https: - Russia Confiscates €800 Million From Deutsche Bank, Unicredit And Commerzbank After two years of being on the receiving end of a weaponized global reserve currency, getting booted from SWIFT, countless (toothless) sanctions and watching some $350 billion of its assets be frozen and soon confiscated, Moscow has had enough, and over the weekend the...
Wall Street's Biggest Bear, Mike Wilson, Finally Capitulates
21.05.2024, 05:48 Uhr. ZeroHedge News - https: - Wall Street's Biggest Bear, Mike Wilson, Finally Capitulates Almost one thousand points higher and almost a year after he said to short the S&P at 3,900 in December 2022, Mike Wilson - who along with JPM's Marko Kolanovic was the most steadfast bear on Wall Street - has finally capitulated. Recall that last October, just around the time we and a handful...
Court Ruling Means California Schools Can Violate Students' Rights When Following Public Health Orders
21.05.2024, 02:40 Uhr. ZeroHedge News - https: - Court Ruling Means California Schools Can Violate Students' Rights When Following Public Health Orders Authored by Kristin Lang via The Epoch Times, As we near the end of the school year, a new court ruling may have some parents rethinking whether they want to enroll their children in California’s public schools this fall. Those of you living in Southern...
Trade Protectionism In Renewables Could "Haunt" The Industry, Chinese Solar Execs Claim
21.05.2024, 01:21 Uhr. ZeroHedge News - https: - Trade Protectionism In Renewables Could "Haunt" The Industry, Chinese Solar Execs Claim Solar executives in China are railing the U.S. and Europe over trade protectionism, claiming that the West should instead “let the best technology win” in their respective markets. The Financial Times conducted an interview with Zhou Shijun, who leads global...
Lockheed Running Out Of Parking Space For F-35s Pentagon Refuses To Accept
21.05.2024, 00:40 Uhr. ZeroHedge News - https: - Lockheed Running Out Of Parking Space For F-35s Pentagon Refuses To Accept Another day, another indication of what a spectacular, snakebit clusterf**k the F-35 program is. The latest blotter entry comes to us from the US Government Accounting Office (GAO), via a new report pointedly titled "F-25 Joint Strike Fighter: Program Continues to Encounter...
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