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Bonds & Big-Tech Bid, Everything Else Dumped Despite 'Bad' Data
13.06.2024, 22:00 Uhr. ZeroHedge News - https: - Bonds & Big-Tech Bid, Everything Else Dumped Despite 'Bad' Data Jobless claims surged higher (bad news is good news?) and PPI was cooler than expected (good news is good news) but only big-tech and bonds benefited from this glorious bad news. The stagflationary scenario is starting to wane as inflation 'surprises' tumble to the downside along with growth...
The Inflation Pain Persists
13.06.2024, 20:05 Uhr. ZeroHedge News - https: - The Inflation Pain Persists Authored by Jeffrey Tucker via The Epoch Times, The newest inflation data is out, with a familiar spin. Once again, we are told that it is easing, cooling, settling down, and generally less worrisome. So just relax. Once again, the reality is different from the spin. So much common language in economics is metaphorical and...
Could Not Care Less: Europe Just Shot Itself In The Foot With Chinese EV Tariffs
13.06.2024, 18:40 Uhr. ZeroHedge News - https: - Could Not Care Less: Europe Just Shot Itself In The Foot With Chinese EV Tariffs By Bas van Geffen of Rabobank Could Not Car Less The European Union has announced punitive tariffs on Chinese EV manufacturers. This is bound to cause a further deterioration in global trade relations. Yet, equity markets did not seem to be all that worried, and instead...
Is LTCM Replaying Itself In US T-Bills?
13.06.2024, 18:00 Uhr. ZeroHedge News - https: - Is LTCM Replaying Itself In US T-Bills? Authored by Kane McGukin via BombThrower.com, When it came to finance, they were the smartest guys in the room. Two Nobel laureates, one-half of the “Black Scholes” options pricing equation, and leverage. When the carnage of LTCM stopped it was understood that it was not a case of genius men wielding math...
"Predistribution" Of Free Money: Former Fed Vice-Chair Wants To Restart LBJ's Great Society
13.06.2024, 16:33 Uhr. ZeroHedge News - https: - "Predistribution" Of Free Money: Former Fed Vice-Chair Wants To Restart LBJ's Great Society Authored by Mike Shedlock via MishTalk.com, Listen to this silliness from Alan Blinder, Princeton Economics professor and vice chairman of the Federal Reserve, 1994-96. In Praise of the Great Society Blinder wants to raise the minimum wage, encourage unions and...
Initial Jobless Claims Surge To 10-Month Highs
13.06.2024, 14:52 Uhr. ZeroHedge News - https: - Initial Jobless Claims Surge To 10-Month Highs Did we suddenly get a peak at reality? The number of Americans applying for jobless benefits for the first time surged last week to 242k (up from 229k and well above the 225k exp). That is the highest since August 2023... Source: Bloomberg On an NSA basis, claims exploded higher. The last three weeks...
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...
Middle Class Destruction: The Real Story Behind America's Declining Economy
13.06.2024, 13:45 Uhr. ZeroHedge News - https: - Middle Class Destruction: The Real Story Behind America's Declining Economy Authored by Peter Reagan via Birch Gold Group, It probably comes as no surprise to you that, these days, the middle class, the backbone of the nation, are struggling. “Gasping for air,” as Newsweek puts it. Here’s the original press release from the National True Cost...
Which European Nations Are Seeing The Most Emigration (& Where Are They Going?)
13.06.2024, 11:46 Uhr. ZeroHedge News - https: - Which European Nations Are Seeing The Most Emigration (& Where Are They Going?) Immigration into the EU has been a hot topic since 2011. In fact, in several EU countries, immigrants make up nearly one-fifth of the population. But what of the EU’s emigration patterns? Visual Capitalist's Pallavi Rao charts out the number of EU emigrants by their...
How (Russian) Oil Is Adding Fuel To Geopolitical Fragmentation
13.06.2024, 04:40 Uhr. ZeroHedge News - https: - How (Russian) Oil Is Adding Fuel To Geopolitical Fragmentation Russia’s invasion of Ukraine in February 2022 led to severe bans or restrictions on Russian oil from the West. Meanwhile, other nations - including China, India, and Türkiye - opted to deepen trade ties with the country. This graphic from the Hinrich Foundation is the final visualization...
HHS Sued Over Rule Requiring Health Care Providers To Perform 'Gender Transition' Procedures
13.06.2024, 03:01 Uhr. ZeroHedge News - https: - HHS Sued Over Rule Requiring Health Care Providers To Perform 'Gender Transition' Procedures Authored by Tom Ozimek via The Epoch Times (emphasis ours), The attorneys general of Montana and Texas on Tuesday filed a lawsuit against Xavier Becerra, Secretary of the Department of Health and Human Services (HHS), over a rule that says states must pay for...
House Moves To Defund Ukrainian NGO That Issued 'Enemies List' After Rep. Jim Banks Takes Action
13.06.2024, 02:40 Uhr. ZeroHedge News - https: - House Moves To Defund Ukrainian NGO That Issued 'Enemies List' After Rep. Jim Banks Takes Action Rep. Jim Banks (R-IN) has taken swift and decisive action against the Data Journalism Agency (texty.org.ua), a Ukrainian NGO with US State Department links that recently published an 'enemies list' of individuals and organizations opposed to the war in Ukraine...
Late Bedtime Linked To Higher Rates Of Depression And Anxiety, Large-Scale Study Finds
13.06.2024, 02:20 Uhr. ZeroHedge News - https: - Late Bedtime Linked To Higher Rates Of Depression And Anxiety, Large-Scale Study Finds Authored by Zena le Roux via The Epoch Times (emphasis ours), You relish those late nights, burning the midnight oil as a badge of honor. But that exhilarating lifestyle of staying up into the wee hours may be silently sabotaging your mental health. (Stephen Bridger/Shutterstock)...
Fed Chair Powell Admits The Biden Admin Is "Overstating" Jobs
13.06.2024, 01:03 Uhr. ZeroHedge News - https: - Fed Chair Powell Admits The Biden Admin Is "Overstating" Jobs Every first Friday of this year (here, here and here) we have spent hours deconstructing the glaring propaganda peddled by Biden's Labor Department, meant to show just one thing - how "strong" the economy is under the current administration - and exposing just how ugly the underlying labor...
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