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Soft CPI & Sloppy Sales Spark Run To Record Highs For Stocks; Bonds, Bullion, & Bitcoin All Bid
15.05.2024, 22:01 Uhr. ZeroHedge News - https: - Soft CPI & Sloppy Sales Spark Run To Record Highs For Stocks; Bonds, Bullion, & Bitcoin All Bid Nothing good - all bad... and new record highs for stocks. SuperCore CPI hotter than expected (but headline and core CPI in-line/small miss), Retail sales way uglier than expected (but gas station spending surged), homebuilder sentiment slumped, and Empire...
April Cass Data Shows No Improvement In Freight Demand
15.05.2024, 21:27 Uhr. ZeroHedge News - https: - April Cass Data Shows No Improvement In Freight Demand By Todd Maiden of FreightWaves Another month passed without signs a recovery in the freight cycle was on the horizon. “Still waiting for it,” Cass’ April update on volumes and pricing stated. The shipments component of the Cass Freight Index fell again in the month, down 1.6% seasonally adjusted...
Goldman Warns Copper "Is Having A Cocoa Moment"
15.05.2024, 19:44 Uhr. ZeroHedge News - https: - Goldman Warns Copper "Is Having A Cocoa Moment" In a Goldman Materials note this morning covering China and copper, analyst James McGeoch pointed out that the base metal is "having a Cocoa moment." Comex copper futures for July delivery jumped nearly 5% to $5.12 a pound, exceeding an earlier record for the most active contract set in March...
"Trifecta Of Dovish News... Consistent With Fed Cutting In September": Wall Street Reacts To Weaker CPI Print
15.05.2024, 15:51 Uhr. ZeroHedge News - https: - "Trifecta Of Dovish News... Consistent With Fed Cutting In September": Wall Street Reacts To Weaker CPI Print With the CPI report came in on top of expectations on 3 of the 4 closely watched metrics, with just headline CPI coming in at 0.3%, just shy of the 0.4% expected (with the retail sales print coming in far uglier and missing across the board)...
Despite Surging Gasoline Spending, US Retail Sales Missed Big In April
15.05.2024, 15:39 Uhr. ZeroHedge News - https: - Despite Surging Gasoline Spending, US Retail Sales Missed Big In April For once, BofA's analysts 'missed' as their expectations for a small beat in retail sales was eviscerated by a huge miss across the board. Headline Retail sales were unchanged MoM (versus +0.4% exp) and last month's +0.7% MoM move was revised slightly lower to +0.6% MoM. Source:...
Yields Tumble, Set For Bigger Plunge If CPI Comes In Cool
15.05.2024, 14:00 Uhr. ZeroHedge News - https: - Yields Tumble, Set For Bigger Plunge If CPI Comes In Cool Perhaps taking a cue from our CPI commentary last week in which we explained why today's inflation print will likely come in on the dovish side after beating estimates for 5 months in a row... ... moments ago 10Y yields plumbed fresh multi-week lows, sliding to just above 4.40% (from a high of...
Should You Believe Faulty U.S. Crime Stats Or Your Own Lying Eyes?
15.05.2024, 11:48 Uhr. ZeroHedge News - https: - Should You Believe Faulty U.S. Crime Stats Or Your Own Lying Eyes? Authored by James Varney via RealClearInvestigations, Americans can be forgiven for suffering from whiplash regarding law and order. In recent weeks the Biden administration and many news outlets, including USA Today and The Hill, have touted declines in violent crime statistics...
Where Wealth Is Concentrated In Africa
15.05.2024, 08:45 Uhr. ZeroHedge News - https: - Where Wealth Is Concentrated In Africa 56 percent of Africa’s millionaires and over 90 percent of its billionaires lived in just five countries in 2023 - South Africa, Egypt, Nigeria, Kenya, and Morocco, according to The Africa Wealth Report 2024 published by Henley & Partners and New World Wealth. There were 135,200 people who owned wealth of 1...
Mass Starvation: Here's Why Most Of America Is Completely Unprepared
15.05.2024, 05:40 Uhr. ZeroHedge News - https: - Mass Starvation: Here's Why Most Of America Is Completely Unprepared Authored by Brandon Smith via Alt-Market.us, The concept of mass starvation has not been in the forefront of American society for a very long time. Even during the Great Depression the US was majority agrarian and most people knew how to live off the land. In fact, the US has never...
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