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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...
Kenya’s Ruto Concedes to Protesters’ Demands Over Finance Bill
26.06.2024, 23:11 Uhr. Foreign Policy - https: - Nairobi’s government is wrestling with a looming debt crisis and high costs of living....
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...
British Foreign Minister Reveals Why NATO Rejects Ukraine
26.06.2024, 19:39 Uhr. GreatGameIndia - https: - Ukraine’s long-standing dream of joining NATO, a goal pursued since 1992 and solidified in its constitution in 2019, faces a significant setback. Despite high hopes, including those of President Zelensky, recent revelations from a conversation between British Foreign Secretary David Cameron and Russian pranksters reveal that NATO has no plans...
Solid 5Y Auction Stops Through As Foreign Demand Jumps To 4 Month High
26.06.2024, 19:27 Uhr. ZeroHedge News - https: - Solid 5Y Auction Stops Through As Foreign Demand Jumps To 4 Month High After yesterday's solid 2Y auction stopped through with the best Bid to Cover in one year, moments ago the Treasury sold $70BN in 5Y paper in another very strong auction. The high yield of 4.331% stopped through the When Issued 4.335% by 0.4bps, the third consecutive stop through...
Why Economists And Citizens Have Different Inflation Realities
26.06.2024, 17:06 Uhr. ZeroHedge News - https: - Why Economists And Citizens Have Different Inflation Realities Authored by Michael Lebowitz via RealInvestmentAdvice.com, The Fed and economists are encouraged because CPI is down to 3.3% from a high of nearly 9% in 2022. Despite the Fed’s “significant progress” in lowering inflation, most citizens are outraged and confused by economists’ relatively...
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...
Will A Crime Wave In This PA City Shape The Election Outcome?
26.06.2024, 13:45 Uhr. ZeroHedge News - https: - Will A Crime Wave In This PA City Shape The Election Outcome? Authored by Tyler Day via RealClearPennsylvania, Scranton, the Electric City and boyhood home of President Joe Biden, will likely figure in the political headlines throughout the 2024 election season. That’s largely because it’s located in Northeastern Pennsylvania – one of the swingiest...
Morgan Stanley's Adam Jonas Says Tesla "May Hold Important Cards" In The Next AI Trade
26.06.2024, 13:20 Uhr. ZeroHedge News - https: - Morgan Stanley's Adam Jonas Says Tesla "May Hold Important Cards" In The Next AI Trade Morgan Stanley's Adam Jonas suggests that Tesla could be poised for the powering up America theme with its solar energy and storage business. This comes as artificial intelligence data centers are being constructed across the country, and once completed, demand a...
Visualizing GDP Per Capita, By G7 Country (2019-2029F)
26.06.2024, 10:15 Uhr. ZeroHedge News - https: - Visualizing GDP Per Capita, By G7 Country (2019-2029F) GDP per capita takes the total economic output of a country in a year, and divides it by the total population, providing a measure of a country’s economic performance and living standards on a per person basis. In this graphic, Visual Capitalist's Marcus Lu visualized GDP per capita for G7 nations...
Attacks On 'Cheap Fakes' Extend Biden Administration’s War On Free Speech
26.06.2024, 05:21 Uhr. ZeroHedge News - https: - Attacks On 'Cheap Fakes' Extend Biden Administration’s War On Free Speech Authored by Kenin M. Spivak via RealClearPolitics, There were two astonishing developments this week in the Biden administration’s continuing attack on free speech. First, just days ahead of the Supreme Court’s decision on whether to uphold the Fifth Circuit’s injunction...
Five Questions Congress Should've Asked The Climate Cartel
26.06.2024, 05:00 Uhr. ZeroHedge News - https: - Five Questions Congress Should've Asked The Climate Cartel Authored by Matt Cole via RealClearEnergy, My old employer CalPERS just suffered a humiliating defeat in its vote against Exxon’s board of directors. Its losing streak continued last week when the House Judiciary Committee grilled it over the Climate Action 100+ “climate cartel,” which...
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...
Holding The Line: Texas Rangers Sole MLB Team Without 'Pride Night'
26.06.2024, 02:40 Uhr. ZeroHedge News - https: - Holding The Line: Texas Rangers Sole MLB Team Without 'Pride Night' Major League Baseball's Texas Rangers may be four games under .500, but they're high atop the league in refusing to bow to America's woke overlords: Extending an enviable several-year record, they're once again the only MLB team that won't host an LGBT "Pride Night" in 2024. The practice...
Rivian Soars 50% After $1 Billion Investment From Volkswagen, Record Shorts Squeezed
26.06.2024, 01:43 Uhr. ZeroHedge News - https: - Rivian Soars 50% After $1 Billion Investment From Volkswagen, Record Shorts Squeezed After soaring to a record high just days after its November '21 IPO (at $78/share), the fate of EV maker Rivian had been a brutal one-way masterclass in disappointment after disappointment, with the price trading near record lows in recent months, and flirting with...
US Taxpayers Hit With Record Penalties In FY23
26.06.2024, 01:40 Uhr. ZeroHedge News - https: - US Taxpayers Hit With Record Penalties In FY23 Authored by Martin Armstrong via ArmstrongEconomics, The government has become desperate for funding, seeking out money from their own citizens through taxation. Not only have they raised taxes for every bracket, but the IRS managed to squeeze more money out of Americans through audits for fiscal year 2023...
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