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As Usual All US Banks Pass the Fed's "Stress" Test; Goldman Unexpectedly Has 2nd Ugliest Credit Card Portfolio
26.06.2024, 23:21 Uhr. ZeroHedge News - https: - As Usual All US Banks Pass the Fed's "Stress" Test; Goldman Unexpectedly Has 2nd Ugliest Credit Card Portfolio In the latest annual farce meant to boost confidence in the banking sector, moments ago the Fed announced that all the biggest US banks passed annual stress test with flying colors, paving the way for higher shareholder payouts as the industry...
Yen-sanity Blows As Jensenity Slows: Bonds & Bullion Dumped As Big-Tech (Ex-NVDA) Jumps
26.06.2024, 22:02 Uhr. ZeroHedge News - https: - Yen-sanity Blows As Jensenity Slows: Bonds & Bullion Dumped As Big-Tech (Ex-NVDA) Jumps Today's market was brought you by the number 160 (yen per dollar) and the letters 'A' and 'I' as Japan's Kanda spoiled the party in the FX markets and NVDA's Huang failed to spark a panic back into AI stocks during today's shareholder meeting. USDJPY broke above...
The Many Faces Of Inflation
26.06.2024, 20:20 Uhr. ZeroHedge News - https: - The Many Faces Of Inflation Authored by Jeffrey Tucker via The Epoch Times, A few nights ago at a restaurant I ordered a dish of Mediterranean prawns that sounded delicious by the description. The reality was a huge pile of large croutons with four shrimps sitting on top, each of which came to about $8 per shrimp. Yes, disappointing but don’t blame...
Congressman Matt Gaetz Introduces Bill To Allow Federal Income Tax Payments In Bitcoin
26.06.2024, 19:00 Uhr. ZeroHedge News - https: - Congressman Matt Gaetz Introduces Bill To Allow Federal Income Tax Payments In Bitcoin Authored by Nik Hoffman via Bitcoin Magazine.com, Congressman Matt Gaetz (R-FL) has introduced legislation to allow federal income tax payments to be made in Bitcoin. Exclusively reported first by the Daily Wire, this bill aims to amend the Internal Revenue Code...
WTI Drops On Large Gasoline Build, Oil Demand Slump
26.06.2024, 16:40 Uhr. ZeroHedge News - https: - WTI Drops On Large Gasoline Build, Oil Demand Slump Crude prices have roller-coastered over the last 12 hours or so as last night's API (large gasoline build) sparked selling, then buying waves hit during the late-Asia/early-Europe session, then selling returned with a vengance during the early US session as Kanda's comments sparked dollar strength...
Yen Tumbles To 1986 Lows After Japanese 'Currency Chief' Comments; Gold, Oil, & Bonds Dump
26.06.2024, 15:52 Uhr. ZeroHedge News - https: - Yen Tumbles To 1986 Lows After Japanese 'Currency Chief' Comments; Gold, Oil, & Bonds Dump The market is testing Japanese officials... and so far it's winning... Reaffirming its constant stance of jawboning over actual intervention, Vice Finance Minister Masato Kanda said late Wednesday that officials will take appropriate steps on the currency as...
You Can't Taper A Ponzi Scheme
26.06.2024, 15:25 Uhr. ZeroHedge News - https: - You Can't Taper A Ponzi Scheme Authored by Nick Giambruno via InternationalMan.com, “You can’t taper a Ponzi scheme.” Financial commentator and Bitcoin pioneer Max Keiser originally said these simple yet profound words. A Ponzi scheme is an unsustainable scam that relies on a continuous influx of new money to keep it going. The scheme collapses...
Futures Fade Despite Continued Tech Meltup, Japanese Yen Craters
26.06.2024, 14:20 Uhr. ZeroHedge News - https: - Futures Fade Despite Continued Tech Meltup, Japanese Yen Craters Futures are trading modestly in the red near sessions lows, erasing earlier gains of as much as 0.2% even as gigacap tech stocks continue their meltup higher. At 8:00am ET, S&P futures were down 0.1%, while Nasdaq futures were still green, rising 0.1% but also fading their earlier gains...
Want Reliable Money? Stop Trusting Central Bankers
26.06.2024, 11:00 Uhr. ZeroHedge News - https: - Want Reliable Money? Stop Trusting Central Bankers Authored by Jp Cortez via Money Metals, Author and historian Yuval Noah Harari recently commented that Bitcoin is a currency of “distrust,” emphasizing that “the preference for Bitcoin is based on distrust of human institutions.” He argues that “the whole purpose of money is to create trust...
Is The Global Inflationary Depression Already Here?
26.06.2024, 04:20 Uhr. ZeroHedge News - https: - Is The Global Inflationary Depression Already Here? Authored by Peter St. Onge and Jeffrey A. Tucker via the Brownstone Institute, There was an oblique message buried in a New York Times story on the growing crisis in commercial real estate in cities. Yes, this is exactly the kind of article that people pass over because it seems like it doesn’t have...
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