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Biggest Short Squeeze In Brent Since 2016 Sparks Flood Of Bullish Oil Commentary
25.06.2024, 21:01 Uhr. ZeroHedge News - https: - Biggest Short Squeeze In Brent Since 2016 Sparks Flood Of Bullish Oil Commentary Two weeks ago we observed that with oil prices tumbling, a full-blown capitulation was taking place in the market as the weekly bullish bets on Brent had just plunged the most on record... ... which we said a was "a clear sign of the surge in bearish sentiment and the extent...
Softer Inflation But Fewer Rate Cuts?
25.06.2024, 18:42 Uhr. ZeroHedge News - https: - Softer Inflation But Fewer Rate Cuts? Authored by Will Denyer via Evergreen Gavekal blog, US inflation slowed in April, according to CPI data released Wednesday. Yet even though they had this softer inflation data in hand, Federal Reserve policymakers still pared back their rate cut expectations for the year. In the new dot plot published Wednesday...
Dallas Fed Respondents Blast "Poor National Leadership" As Stagflation 'Erodes Business Confidence'
25.06.2024, 18:28 Uhr. ZeroHedge News - https: - Dallas Fed Respondents Blast "Poor National Leadership" As Stagflation 'Erodes Business Confidence' It has been a mixed morning on the macro side... to say the least. Philly Fed Services jumped into expansion (to two year highs?), Chicago Fed National Activity Index surged, Case-Shiller home prices hit a new record high but appreciation slowed, Conference...
Pool Shares Plunge As Full-Year Profit Forecast Slides On Dive In Consumer Spending
25.06.2024, 17:00 Uhr. ZeroHedge News - https: - Pool Shares Plunge As Full-Year Profit Forecast Slides On Dive In Consumer Spending The world's largest wholesale distributor of swimming pools and related outdoor living products, with hundreds of stores across North America, Europe, and Australia, slashed its full-year earnings forecast. Pool Corp. cites "recent trends that dampen discretionary...
S&P 6300? Is That Outside The Realm Of Possibility?
25.06.2024, 15:20 Uhr. ZeroHedge News - https: - S&P 6300? Is That Outside The Realm Of Possibility? Authored by Lance Roberts via RealInvestmentAdvice.com, Goldman Sachs recently upped its price target to S&P 6300 for the end of this year, along with Evercore ISI upping its year-end target to 6000. Such is not surprising given the strong run in the markets this year. Just two weeks ago, I posted...
Futures Rise As Nvidia Rebound From 3-Day Rout
25.06.2024, 14:18 Uhr. ZeroHedge News - https: - Futures Rise As Nvidia Rebound From 3-Day Rout US index futures are higher, led by a rebound in the tech names in general and Nvidia in particular which rose as much as 3.5% in premarket trading after getting routed by a three-day, 13% selloff that wiped out $430 billion in market cap and saw it drop back into 3rd place behind Microsoft and Apple, after...
Domino's Still Dominates The US Pizza Market
25.06.2024, 03:20 Uhr. ZeroHedge News - https: - Domino's Still Dominates The US Pizza Market About 3 billion pizzas are sold annually in the United States. In 2022, pizza restaurant sales in the U.S. reached an all-time high of $46.9 billion, an increase of roughly $10 billion compared to just a decade prior. This graphic, via Visual Capitalist's Marcus Lu, lists the top 10 U.S. pizza chains based...
Playing Politics With Crime In California
25.06.2024, 03:00 Uhr. ZeroHedge News - https: - Playing Politics With Crime In California Authored by Susan Crabtree via RealClearPolitics, California’s fierce political battle over crime and retail theft faces a key test this week as divided Democrats in the legislature address efforts by Gov. Gavin Newsom and his allies to undermine a public-safety ballot initiative. The ballot initiative would...
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