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Stocks Pause After Dow Briefly Touches Historic 40,000
16.05.2024, 22:02 Uhr. ZeroHedge News - https: - Stocks Pause After Dow Briefly Touches Historic 40,000 The Dow Jones Industrial Average surged above the historic 40,000 mark in late morning and early afternoon trading. Euphoria was high as bulls celebrated Dow 40,000. This week's gains across broad equity indexes were primarily driven by a cooler April CPI print and dismal retail data on Wednesday...
Goldbugs Waited Years For A Massive Comex Short Squeeze, And Finally Got It... Just In The Wrong Metal
16.05.2024, 20:45 Uhr. ZeroHedge News - https: - Goldbugs Waited Years For A Massive Comex Short Squeeze, And Finally Got It... Just In The Wrong Metal For much of the past decade, gold bugs religiously tracked the physical gold inventory located in the various gold vaults that make up the Comex system, eagerly awaiting the day when there would be more deliverables (via paper shorting of gold) than...
$27,000 Gold
16.05.2024, 20:25 Uhr. ZeroHedge News - https: - $27,000 Gold Authored by James Rickards via DailyReckoning.com, I’ve previously said that gold could reach $15,000 by 2026. Today, I’m updating that forecast. My latest forecast is that gold may actually exceed $27,000. I don’t say that to get attention or to shock people. It’s not a guess; it’s the result of rigorous analysis. Of course,...
Peru Classifies Transgender Individuals As 'Mentally Ill'
16.05.2024, 19:25 Uhr. ZeroHedge News - https: - Peru Classifies Transgender Individuals As 'Mentally Ill' The Peruvian government has officially categorized transgender and intersex people as "mentally ill," which the health ministry says is the only way that Peru's public health services could guarantee "guarantee full coverage of medical attention for mental health," The Telegraph reports. Conditions...
America Is No Longer A Hyperpower, And Others Keep On Rocketing The Free World
16.05.2024, 18:25 Uhr. ZeroHedge News - https: - America Is No Longer A Hyperpower, And Others Keep On Rocketing The Free World By Michael Every of Rabobank Stocks up, Stonks up, bonds up, gold up, crypto up, and copper up to a new record high. Almost everything rocketed after US CPI came a slither lower than expected --and 30 minutes earlier than scheduled on the BLS website, which markets looking...
Unsold Teslas Pile-Up In Mall Parking-Lots, Big Discounts Likely
16.05.2024, 17:06 Uhr. ZeroHedge News - https: - Unsold Teslas Pile-Up In Mall Parking-Lots, Big Discounts Likely Authored by Mike Shedlock via MishTalk.com, Tesla is renting parking lots to store thousands of vehicles. This helps explain the mass layoffs. Tesla Cranking Out Cars, But to Where? Please consider Tesla’s Storing Unsold Inventory In An Abandoned Mall Parking Lot Parking lots full of...
Traders Ditch Bullish Bets On Oil
16.05.2024, 16:25 Uhr. ZeroHedge News - https: - Traders Ditch Bullish Bets On Oil By Tsvetana Paraskova of OilPrice.com A continuously fading war risk premium and signs that regional oil markets look well supplied prompted traders to slash last week their bullish bets on crude oil at the fastest pace in over a year. The net long position—the difference between bullish and bearish bets—dropped...
Walmart Soars To Record High After Beating Estimates, Guiding Higher As Consumers "Trade Down"
16.05.2024, 15:22 Uhr. ZeroHedge News - https: - Walmart Soars To Record High After Beating Estimates, Guiding Higher As Consumers "Trade Down" WMT stock surged in premarket trading after the company not only reported Q1 earnings that blew away expectations, but guided even higher than consensus, and now expects the full year to be slightly better than planned as the big-box retailer attracts price-conscious...
There Isn't Much That Can Stop This Market For Now
16.05.2024, 15:00 Uhr. ZeroHedge News - https: - There Isn't Much That Can Stop This Market For Now By Michael Miska, Bloomberg Markets Live reporter and strategist With US inflation and retail sales both cooling, bets that the Federal Reserve will cut interest rates are back, and there isn’t much left that could stop stocks from hitting new highs. After most equity markets fully erased April losses...
Welcome To LaLa Land As Market Jettisons Tail Risks
16.05.2024, 14:13 Uhr. ZeroHedge News - https: - Welcome To LaLa Land As Market Jettisons Tail Risks By Simon White, Bloomberg Markets Live reporter and analyst The economy is signaling a more volatile, potentially recessionary period. Markets, however, aren’t paying attention. Not only are the twin tail risks of a downturn or resurgent inflation being ignored, but a near-impossible “immaculate...
Futures Flat At All Time High As Markets Mull Next Move
16.05.2024, 13:47 Uhr. ZeroHedge News - https: - Futures Flat At All Time High As Markets Mull Next Move US index futures are flat after notching new record highs on the S&P 500 and Nasdaq 100, spurred on by a miss in the US CPI print and retail sales data on Wednesday, which also boosted bets the Federal Reserve will ease policy. That inflation data, which the market was feverishly anticipating,...
What About The Non-Superstar Companies That Account For 85% Of US Jobs
16.05.2024, 13:20 Uhr. ZeroHedge News - https: - What About The Non-Superstar Companies That Account For 85% Of US Jobs By Dhaval Joshi of BCA Research The Superstar Economy The stellar performance of the S&P 500 superstars is not representative of the profits of wider corporate America. For the direction of the US jobs market, we should closely monitor the profits of the 6.4 million non-superstar...
Tyson Foods CEO Unsure When Nation's Collapsing Beef Herd Will Reverse
16.05.2024, 00:40 Uhr. ZeroHedge News - https: - Tyson Foods CEO Unsure When Nation's Collapsing Beef Herd Will Reverse Tyson Foods CEO Donnie King spoke at the BMO Global Farm to Market Conference in Toronto on Wednesday, expressing much uncertainty about when US ranchers will rebuild tight cattle herds meaningfully. Reuters was the first to report King's comments at BMO's farm conference. He...
'Guns & Butter': Putin Explains Reason Behind Major Cabinet Shake-Up
16.05.2024, 00:02 Uhr. ZeroHedge News - https: - 'Guns & Butter': Putin Explains Reason Behind Major Cabinet Shake-Up Russian President Vladimir Putin has for the first time explained the rationale behind this week's major cabinet reshuffling, which for the first time of the Ukraine operation saw Sergey Shoigu removed as defense minister (and 'promoted' to head of the national security council),...
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