Neueste Heute 21.06.2024 20.06.2024
"A Loss Of Momentum": European PMIs Unexpectedly Crumble Across The Board
21.06.2024, 15:32 Uhr. ZeroHedge News - https: - "A Loss Of Momentum": European PMIs Unexpectedly Crumble Across The Board Judging by the unexpected freefall and across-the-board miss in Europe's PMIs this morning, the ECB may have cut rates too little, too late. The Euro area composite flash PMI declined by 1.3pt to 50.8, below consensus expectations of 52.5. According to Goldman, the deceleration...
Futures Fall, Tech Rally Fades Ahead Of Record $5 Trillion OpEx
21.06.2024, 14:19 Uhr. ZeroHedge News - https: - Futures Fall, Tech Rally Fades Ahead Of Record $5 Trillion OpEx US futures were slightly lower, with tech companies indicating declines as the AI-fueled rally showed signs of fading, even as tech funds had their largest weekly inflow on record, which Bank of America's Michael Harnett said hints at “AI capitulation.” As of 8:00am ET, S&P futures...
Thailand Joins China In Driving Gold Bull Market
20.06.2024, 16:07 Uhr. ZeroHedge News - https: - Thailand Joins China In Driving Gold Bull Market By Jan Nieuwenhuijs of Gainesville Coins Shedding its long-standing price sensitivity to the price of gold, Thailand is currently a gold buyer driving the price up, just like China. Present changes in the global gold market, in which pricing power is shifting East, could be a precursor to a transformation...
SNB Unexpectedly Cuts Rates Again As Swiss Inflation Continues To Ease
20.06.2024, 15:47 Uhr. ZeroHedge News - https: - SNB Unexpectedly Cuts Rates Again As Swiss Inflation Continues To Ease The Swiss National Bank unexpectedly cut interest rates on Thursday for the second time this year, pointing to easing price pressures that allowed it to maintain its position as the front-runner in the global policy easing cycle now underway. The Swiss franc, which had soared in...
US Stocks At All-Time High, Nasdaq Futures Gains For 8th Day After SNB Unexpectedly Cuts Rate
20.06.2024, 14:10 Uhr. ZeroHedge News - https: - US Stocks At All-Time High, Nasdaq Futures Gains For 8th Day After SNB Unexpectedly Cuts Rate After hitting the beach during yesterday's blistering Juneteenth holiday, the "buy everything" algos are back and bigger than ever, pushing futures to a fresh all time high with tech leading - as always - and small-caps lagging after the Swiss National Bank...
Modi's Nod To Closer Ties With Taiwan Suggests India's Evolving 'Act East Policy'
19.06.2024, 21:30 Uhr. ZeroHedge News - https: - Modi's Nod To Closer Ties With Taiwan Suggests India's Evolving 'Act East Policy' Authored by Venus Upadhayaya via The Epoch Times (emphasis ours), After being sworn in as India’s prime minister for a third consecutive term, Narendra Modi received congratulatory messages from a diverse array of world leaders around the globe. Indian Prime Minister...
US Markets May Be Closed But Tech Stocks Continue To Melt Up
19.06.2024, 14:17 Uhr. ZeroHedge News - https: - US Markets May Be Closed But Tech Stocks Continue To Melt Up The cash market may be closed for the woke, virtue-signaling Juneteenth holiday, but that won't stop algos from gorging on the latest tech bubble, and sure enough, Nasdaq 100 futures extended their gains to an 8th consecutive day, following a strong run for technology shares that saw Nvidia...
After West Rejected Putin's Overture, Document Of Ukraine's Surrender To Be Next Proposal: Kremlin
19.06.2024, 11:46 Uhr. ZeroHedge News - https: - After West Rejected Putin's Overture, Document Of Ukraine's Surrender To Be Next Proposal: Kremlin The Kremlin has continued blasting the international Ukraine peace summit which was held in Burgenstock, Switzerland over the weekend, with spokeswoman Maria Zakharova highlighting that the Alpine "get-together" produced zero results. Though there were...
Apple Reportedly Halts Work On Vision Pro 2, Focuses On Cheaper Version As Demand Falters
18.06.2024, 22:46 Uhr. ZeroHedge News - https: - Apple Reportedly Halts Work On Vision Pro 2, Focuses On Cheaper Version As Demand Falters What was Apple CEO Tim Cook thinking? Releasing the Vision Pro headset earlier this year for the price tag of $3,899 (for a 1TB version) in a period where Goldman, including ourselves, has shown the American middle class has quickly deteriorated under Bidenomics...
CBO Figures Out How To "Math", Raises 2024 US Budget Deficit By $400BN To $1.9 Trillion
18.06.2024, 21:01 Uhr. ZeroHedge News - https: - CBO Figures Out How To "Math", Raises 2024 US Budget Deficit By $400BN To $1.9 Trillion This should come as a shock to exactly nobody. Last week, the Treasury reported that in May, the US government collected $323.6 billion in tax receipts, it spent more than double that, or some $670 billion... ... resulting in a May budget deficit of $347 billion...
AI: "Existential Crisis" Or Excuse For Cronyism?
18.06.2024, 18:40 Uhr. ZeroHedge News - https: - AI: "Existential Crisis" Or Excuse For Cronyism? Authored by Joshua Mawhorter via The Mises Institute, Several months ago, I was on a long car trip with my dad, and we listened to a podcast that gave some commentary on the following headlines from the New York Times and the Wall Street Journal: “AI Poses ‘Risk of Extinction,’ Industry...
Holding And Hoping
18.06.2024, 16:40 Uhr. ZeroHedge News - https: - Holding And Hoping By Bnejamin Picton, Senior Macro Strategist at Rabobank Holding and Hoping US stocks reset record highs overnight as the NASDAQ rose 1.25% and the S&P500 closed up 0.77%. Even European stocks shook off the turmoil of the last few days to close higher. The EuroStoxx 100 was up 0.85%, the DAX rose 0.37% and the CAC40 rebounded from...
Why Consumer Sentiment Fell To A Seven-Month Low
18.06.2024, 16:01 Uhr. ZeroHedge News - https: - Why Consumer Sentiment Fell To A Seven-Month Low Authored by Daniel Lacalle, The University of Michigan Consumer Sentiment Survey plummeted to its lowest level in seven months. The index reading for June came in at 65.6, down from 69.1 in May and under the consensus expectation of 72. In the current conditions and expectations categories, the survey...
Retail Sales Disappoint In May, April Revised Even Lower...
18.06.2024, 14:41 Uhr. ZeroHedge News - https: - Retail Sales Disappoint In May, April Revised Even Lower... BofA's practically omniscient analysts were more in line with consensus this month for their US retail sales forecast, with a return to growth expected in May's data (after a less enthusiastic April print). Notably, however, consensus and BoFa were over optimistic as the headline retail sales...
Futures Flat As Tech Stocks Rise For 7th Consecutive Day
18.06.2024, 14:10 Uhr. ZeroHedge News - https: - Futures Flat As Tech Stocks Rise For 7th Consecutive Day Futures are flat with gigatech naturally outperforming into today’s retail sales print where the expectations are for beats to resume after last month's sharp miss. As of 8:00am ET, S&P futures were completely flat, while Nasdaq futures were up for the 7th day in a row as it nudges toward the...
The Trade Wars: How Trump's And Biden's Policies Match Up
18.06.2024, 05:40 Uhr. ZeroHedge News - https: - The Trade Wars: How Trump's And Biden's Policies Match Up Authored by Jonathan Draeger via RealClearPolitics, One of the defining features of former President Trump’s 2016 presidential campaign was his – at least at the time – unorthodox opinions on trade. With the notable exception of Bernie Sanders, the other candidates parroted the longstanding...
Retail Sales To Beat Estimates According To Latest Card Spending Data
18.06.2024, 04:00 Uhr. ZeroHedge News - https: - Retail Sales To Beat Estimates According To Latest Card Spending Data Last month was the first time in about a year, when the Bank of America retail sales forecast - one derived from real-time debit and credit card spending and which is usually spot on and unerringly correct - was wrong, predicting a small beat when in fact the final number was a big...
Former CDC Director Predicts Bird Flu Virus Will Cause Next Pandemic
18.06.2024, 00:20 Uhr. ZeroHedge News - https: - Former CDC Director Predicts Bird Flu Virus Will Cause Next Pandemic Authored by Tom Ozimek via The Epoch Times (emphasis ours), Dr. Robert Redfield, former director of the Centers for Disease Control and Prevention (CDC), has issued a grim prediction that the next major pandemic will be caused by the bird flu. Dr. Robert Redfield, director of the Centers...
5 Stocks Account For 60% Of The S&P's YTD Return: Charting The S&P 5 vs The S&P 495
17.06.2024, 21:05 Uhr. ZeroHedge News - https: - 5 Stocks Account For 60% Of The S&P's YTD Return: Charting The S&P 5 vs The S&P 495 Nvidia (NVDA) accounts for 34% of the 14% SPX year-to-date gain, and five stocks have accounted for 60% of the S&P 500 total YTD return; MSFT, NVDA, GOOGL, AMZN, and META have collectively surged by 45% and now comprise 25% of the S&P 500 equity cap. A key reason for...
Key Events This Holiday-Shortened Week: Retail Sales, Housing And PMIs
17.06.2024, 16:01 Uhr. ZeroHedge News - https: - Key Events This Holiday-Shortened Week: Retail Sales, Housing And PMIs In terms of the holiday-shortened week ahead, the main data highlights are US retail sales tomorrow, UK CPI on Wednesday, and Japanese inflation and the global flash PMIs on Friday. For central banks, we have meetings concluding in Australia (tomorrow), UK, Switzerland and Norway...
Futures Slide, Yields Tumble As European Turmoil Sparks Global Risk-Off
14.06.2024, 14:19 Uhr. ZeroHedge News - https: - Futures Slide, Yields Tumble As European Turmoil Sparks Global Risk-Off After stocks hit a 4th consecutive record and a 30th All Time High on Thursday on absolutely atrocious breadth (more than two thirds of the S&P closed red), futures traded lower as the rally finally fizzled. At 8:00am ET, S&P futures were down 0.5%, but off session lows, while Nasdaq...
NATO Tells Ukraine It Must Win The War To Become Full Alliance Member
13.06.2024, 18:20 Uhr. ZeroHedge News - https: - NATO Tells Ukraine It Must Win The War To Become Full Alliance Member NATO Secretary General Jens Stoltenberg has announced that Ukraine and its future assistance will be a major focus of discussion in a Defense Ministers meeting Thursday and Friday, which comes parallel to the G7 summit happening in Italy, where both Biden and Zelensky are meeting...
S&P Set For 29th Record High Of 2024 As Futures Continue Relentless Grind Higher
13.06.2024, 14:15 Uhr. ZeroHedge News - https: - S&P Set For 29th Record High Of 2024 As Futures Continue Relentless Grind Higher Futures are higher, again, with Tech leading, again, and small-caps lagging, the same trend that we saw after the Powell press conference despite small-caps leading the way most of the session. As of 8:00am, S&P futures were up 0.1% and set for the 29th all time high print...
CPI Preview: "Optimism For A Low Print"
12.06.2024, 14:27 Uhr. ZeroHedge News - https: - CPI Preview: "Optimism For A Low Print" If May was a month that brought us that much closer to the Fed's "soft landing" soft landing, where jobs slumped and CPI came slightly below estimates (as we predicted), June has been a mirror image with last week's payrolls report coming in red hot (if one can claim that a 600K+ drop in full-time jobs is a red...
Futures Set For New Record High Ahead Of CPI, Fed Double Header
12.06.2024, 14:13 Uhr. ZeroHedge News - https: - Futures Set For New Record High Ahead Of CPI, Fed Double Header Futures are up modestly after another record close on Wall Street heading into today's double whammy of CPI, and FOMC Dot Plot update, with Nasdaq leading and small-caps lagging. As of 8:00am, S&P futures are up 0.1% to 5,390 and set to extend the stretch of record highs as traders position...
Send This Article To People Who Say "Ivermectin Doesn’t Work For Covid-19"
12.06.2024, 05:42 Uhr. ZeroHedge News - https: - Send This Article To People Who Say "Ivermectin Doesn’t Work For Covid-19" Authored by David Gortler via the Brownstone Institute, If you hear your pharmacist, physician, or academic dean parrot the malignant regurgitated trope of “Ivermectin doesn’t work for Covid” or that there is “no evidence” or “no data” to support ivermectin’s...
JPM Analysts Say Tesla's Robotaxis Are "Years" Away From Launch
11.06.2024, 20:54 Uhr. ZeroHedge News - https: - JPM Analysts Say Tesla's Robotaxis Are "Years" Away From Launch Elon Musk has said that a purpose-built robotaxi will be the centerpiece of his long-term strategy for Tesla. In about two months, on August 8, Musk is set to unveil the 'Robotaxi,' potentially positioning Tesla to compete with some of the largest ride-hailing services. However, before...
Doctors, Medical Groups Call For Focus On Mental Health In Gender-Confused Children
11.06.2024, 09:30 Uhr. ZeroHedge News - https: - Doctors, Medical Groups Call For Focus On Mental Health In Gender-Confused Children Authored by Bill Pan via The Epoch Times (emphasis ours), More than 100 medical professionals and groups have signed onto a declaration that calls for a shift in focus toward addressing underlying psychological problems in children who experience discomfort with their...
"Time For Some 3D Chess": Here's Why A Battered Macron Just Called Snap Elections
10.06.2024, 16:45 Uhr. ZeroHedge News - https: - "Time For Some 3D Chess": Here's Why A Battered Macron Just Called Snap Elections By Stefan Koopman, Senior macro strategist at Rabobank The European elections saw the centre hold its ground, albeit narrowly. The European People’s Party is poised to secure 184 seats in the new 720-seat Parliament, with the Socialists and the centrist Renew obtaining...
Key Events This Week: Fed, CPI and PPI
10.06.2024, 15:40 Uhr. ZeroHedge News - https: - Key Events This Week: Fed, CPI and PPI With the (ridiculously manipulated propaganda) jobs report now in the history books, this week the whole financial world will be focused on Wednesday with two big events occurring: the latest FOMC and CPI (with PPI to follow on day later). Below, DB's Jim Reid previews the first two below but other events this...
The U.S. Economy Is "Finally Cracking"
10.06.2024, 12:55 Uhr. ZeroHedge News - https: - The U.S. Economy Is "Finally Cracking" Submitted by QTR's Fringe Finance Friend of Fringe Finance Mark B. Spiegel of Stanphyl Capital released his most recent investor letter on May 31, 2024, with updates on macro and his fund’s positions. Mark is a recurring guest on my podcast and definitely one of Wall Street’s iconoclasts. I read every letter...
France Seeks 'Direct' Entry Into Ukraine War: Kremlin
10.06.2024, 08:45 Uhr. ZeroHedge News - https: - France Seeks 'Direct' Entry Into Ukraine War: Kremlin The Kremlin says that NATO member France is fast becoming a 'direct' participant in the Ukraine war, which threatens to drastically inflame tensions and escalate the conflict further, possibly beyond Ukraine's borders. French President Emmanuel Macron on Friday committed to transferring Mirage fighter...
Kill Your Good Ideas
09.06.2024, 16:30 Uhr. ZeroHedge News - https: - Kill Your Good Ideas Submitted by QTR's Fringe Finance As always, I’m stoked to be able to bring you content from one of my favorite investors, Chris DeMuth Jr. Chris took the time to share his up-to-the-minute thoughts on the market for Fringe Finance subscribers this week. Chris writes the Vale Tudo Substack, which can be found here and...
Slovakia's Fico Blames Assassination Attempt On 'Hateful' Opposition & Its International Backers
08.06.2024, 21:45 Uhr. ZeroHedge News - https: - Slovakia's Fico Blames Assassination Attempt On 'Hateful' Opposition & Its International Backers This week Slovak Prime Minister Robert Fico appeared in a video message while still recovering from the May 15 assassination attempt which saw him shot multiple times at close range in broad daylight. In the video originally published to Facebook, he uttered...
Hillary Clinton Slammed For Using D-Day To Call Trump Hitler
08.06.2024, 16:31 Uhr. ZeroHedge News - https: - Hillary Clinton Slammed For Using D-Day To Call Trump Hitler Authored by Steve Watson via Modernity.news, Two time presidential loser Hillary Clinton used the 80th anniversary of D-Day as a way of attacking Donald Trump and comparing him to Hitler. Hillary directly compared the fight against Nazi Germany during World War Two to voting against Trump...
Inside The Most Ridiculous Jobs Report In Years
07.06.2024, 17:13 Uhr. ZeroHedge News - https: - Inside The Most Ridiculous Jobs Report In Years On the surface, it was a blockbuster jobs report, certainly one which nobody expected, with the two largest US banks - JPMorgan and JPM - both expecting a below-consensus print at 150K and 165K (well we did, and we said that the number "will beat" moments before it was published) Goldman (165K) and JPM...
Ukraine Has Requested NATO Military Instructors On Its Soil, Macron Says
07.06.2024, 04:00 Uhr. ZeroHedge News - https: - Ukraine Has Requested NATO Military Instructors On Its Soil, Macron Says French President Emmanuel Macron used the occasion of D-Day memorial events in France on Thursday to make some big announcements on Ukraine. This after President Biden focused much of his speech on 'defeating Russia' - as opposed to remembrance of WWII and those who perished on...
Dollar Tree Considers "Strategic Alternatives" For Troubled Family Dollar Unit
06.06.2024, 11:45 Uhr. ZeroHedge News - https: - Dollar Tree Considers "Strategic Alternatives" For Troubled Family Dollar Unit Dollar Tree shares leaked lower in premarket trading after the company reported adjusted earnings per share for the first quarter, which missed the average analyst estimate tracked by Bloomberg. The company announced "strategic alternatives" for its troubled Dollar Family...
ECB Preview And Scenario Analysis: The First Rate Cut Since 2019
06.06.2024, 04:54 Uhr. ZeroHedge News - https: - ECB Preview And Scenario Analysis: The First Rate Cut Since 2019 Hot on the heels of the first G7 central bank rate cut this cycle, when the BOC cut rates by 25bps this morning, tomorrow the ECB is widely expected to follow suit and lower the deposit rate from 4.00% to 3.75% for the first time since September 2019, with markets assigning a 94% chance...
US Warns Netanyahu Against Major Offensive In Southern Lebanon
06.06.2024, 01:10 Uhr. ZeroHedge News - https: - US Warns Netanyahu Against Major Offensive In Southern Lebanon The United States is warning Israel against "escalation" in Lebanon following fresh Wednesday remarks of Israeli Prime Minister Benjamin Netanyahu which threatened a major offensive due to ratcheting Hezbollah attacks. "We are prepared for a very intense operation in the north. One way...
ADP Payrolls Unexpectedly Tumble To Lowest Since January As Wage Growth Continues Slowing
05.06.2024, 15:07 Uhr. ZeroHedge News - https: - ADP Payrolls Unexpectedly Tumble To Lowest Since January As Wage Growth Continues Slowing Extending the recent trend of unexpectedly weak labor market indicators, moments ago ADP reported that in May, the US added just 152K Private Payrolls, a 36K drop from the March (downward revised) number of 188K (originally 192K) to the lowest number since the...
Futures Gain With Fresh S&P All-Time High Less Than 1% Away
05.06.2024, 14:11 Uhr. ZeroHedge News - https: - Futures Gain With Fresh S&P All-Time High Less Than 1% Away US equity futures edged higher and were again on pace to reclaim all time highs (which again is less than 1% away away) on expectations that a slew of labor-market readings this week may support the Federal Reserve’s policy easing. As of 7:40am ET, S&P futures rose 0.25% and were at session...
Porsche Taycan's Values Plunge; Mercedes, Stellantis Pause EV Battery Factory On Sliding Demand
05.06.2024, 12:55 Uhr. ZeroHedge News - https: - Porsche Taycan's Values Plunge; Mercedes, Stellantis Pause EV Battery Factory On Sliding Demand Troubling news for the electric vehicle market emerged from Europe on Tuesday. The first was the collapse of Porsche Taycan prices, and second, a battery plant owned by Stellantis and Mercedes-Benz halted development. All of this signifies sliding EV...
Stocks Love ISM, But Payrolls Is Now Bad For Bonds
04.06.2024, 22:20 Uhr. ZeroHedge News - https: - Stocks Love ISM, But Payrolls Is Now Bad For Bonds By Simon White, Bloomberg markets live reporter and strategist Bond yields typically rise after the major data releases of payrolls, ISM and CPI, but in recent years they have risen more after payrolls. Stocks display less bias than bonds after data releases, except after the ISM, which has been consistently...
US Futures Slide As Oil Extends Plunge, India Stocks Tumble
04.06.2024, 14:15 Uhr. ZeroHedge News - https: - US Futures Slide As Oil Extends Plunge, India Stocks Tumble US stock futures are lower with tech and small-caps underperforming as oil extends its recent rout, bond yields are slightly lower and the USD catches a bid. As of 7:45am, S&P and Nasdaq futures are down 0.4%, as investors weigh concerns about America’s economic health against optimism...
Is The Economy Starting To Look More Recessionary?
03.06.2024, 19:01 Uhr. ZeroHedge News - https: - Is The Economy Starting To Look More Recessionary? Authored by Simon White, Bloomberg macro strategist, The manufacturing ISM slipped lower again in May, and came in below expectations. Yields have decided to ignore the more upbeat message from the earlier PMI reading - which beat the consensus and remains above 50 – and are lower across the curve...
Key Events This Week: Jobs, Jolts, ISM, And Fed Blackout Period Begins
03.06.2024, 18:20 Uhr. ZeroHedge News - https: - Key Events This Week: Jobs, Jolts, ISM, And Fed Blackout Period Begins It's another payrolls week with consensus (+190k) expecting job gains to pick up from last month's +175k number with unemployment widely expected to stay at 3.9%. As DB's Jim Reid writres this morning, the bank's economists think the risks are biased to it rounding down a tenth rather...
Zantac-Rout Returns, Sends GSK Shares Tumbling After Delaware Judge's Ruling On Jury Trials
03.06.2024, 14:40 Uhr. ZeroHedge News - https: - Zantac-Rout Returns, Sends GSK Shares Tumbling After Delaware Judge's Ruling On Jury Trials GSK shares in London tumbled the most in nearly two years after a Delaware judge allowed jury trials to proceed in cases concerning the discontinued heartburn drug Zantac, which is allegedly linked to cancer. On Friday, Judge Vivian Medinilla of the...
Futures Rise To Start June As Nvidia Jumps, Gamestop Soars
03.06.2024, 14:40 Uhr. ZeroHedge News - https: - Futures Rise To Start June As Nvidia Jumps, Gamestop Soars After closing the month of May on the front-foot when a last minute rebalancing spike in the S&P reversed two days of losses, US stock futures are ticking higher to start the month of June following the lead of broad gains across European equity markets and a jump in Asia. As Bloomberg notes...