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Money's Grim Future
15.05.2024, 23:40 Uhr. ZeroHedge News - https: - Money's Grim Future Authored by Alan Lash via The Brownstone Institute, Prepare for total control of your economic life. That is the message from Brownstone Fellow Aaron Day at his 4-hour workshop in San Jose, California last Saturday, May 11th. Day has written the excellent book The Final Countdown, which carefully describes the increasingly aggressive...
Bill Hwang Wanted To Become A "Wall Street Legend", Prosecutors Allege In Opening Statements
15.05.2024, 23:20 Uhr. ZeroHedge News - https: - Bill Hwang Wanted To Become A "Wall Street Legend", Prosecutors Allege In Opening Statements As the Bill Hwang trial began making its way through its first week, prosecutors described the family office manager as someone attempting to "become a legend on Wall Street" to jurors, according to the Financial Times. The trial of Hwang in Manhattan began...
Crypto-Libertarian Erik Voorhees Warns Your Chatbot Queries Are Not Safe
15.05.2024, 22:40 Uhr. ZeroHedge News - https: - Crypto-Libertarian Erik Voorhees Warns Your Chatbot Queries Are Not Safe Crypto-libertarian Erik Voorhees, fresh off his passionate defense of crypto in the 'Gold vs. Bitcoin' debate recently hosted by ZeroHedge, spoke with crypto news site Unchained's Laura Shin and Venice's COO Teana Baker-Taylor about the alarming honeypots of user search...
Soft CPI & Sloppy Sales Spark Run To Record Highs For Stocks; Bonds, Bullion, & Bitcoin All Bid
15.05.2024, 22:01 Uhr. ZeroHedge News - https: - Soft CPI & Sloppy Sales Spark Run To Record Highs For Stocks; Bonds, Bullion, & Bitcoin All Bid Nothing good - all bad... and new record highs for stocks. SuperCore CPI hotter than expected (but headline and core CPI in-line/small miss), Retail sales way uglier than expected (but gas station spending surged), homebuilder sentiment slumped, and Empire...
April Cass Data Shows No Improvement In Freight Demand
15.05.2024, 21:27 Uhr. ZeroHedge News - https: - April Cass Data Shows No Improvement In Freight Demand By Todd Maiden of FreightWaves Another month passed without signs a recovery in the freight cycle was on the horizon. “Still waiting for it,” Cass’ April update on volumes and pricing stated. The shipments component of the Cass Freight Index fell again in the month, down 1.6% seasonally adjusted...
Biden Suffered Near-Fatal Brain Aneurysm, Priest Came To Deliver Last Rites
15.05.2024, 21:26 Uhr. GreatGameIndia - https: - In 1988, US President Joe Biden suffered a near-fatal brain aneurysm, necessitating last rites from a priest. Later that year, he faced a second aneurysm. In February 1988, a life-threatening aneurysm that had been mistakenly classified as a pinched nerve struck Joe Biden, now 81 years old. Doctors found a worrisome distortion of a blood […] The...
Biden Readies $1BN In Bombs For Israel Despite Progressive & Swing State Voter Revolt
15.05.2024, 21:05 Uhr. ZeroHedge News - https: - Biden Readies $1BN In Bombs For Israel Despite Progressive & Swing State Voter Revolt The Biden administration continues to speak out of both sides of its mouth when it comes to Israel and Gaza policy as Progressive Democratic voters continue peeling off in droves, declaring that they can't in good conscience vote for Biden in November. On Tuesday,...
Stimulus Today Costs Dearly Tomorrow
15.05.2024, 20:05 Uhr. ZeroHedge News - https: - Stimulus Today Costs Dearly Tomorrow Authored by Michael Lebowitz via RealInvestmentAdvice.com, Since the pandemic-related bazooka of fiscal stimulus, the outstanding Federal debt has risen appreciably. In nominal dollar terms, the recent debt surge is mindboggling. However, the increase is on par with the government’s negligent ways over the last...
The Grain That Feeds The World Is At Risk Of An Upside Breakout
15.05.2024, 19:08 Uhr. ZeroHedge News - https: - The Grain That Feeds The World Is At Risk Of An Upside Breakout Rice is a staple food for over 3.5 billion people worldwide, especially in Asia, Latin America, and Africa. It's grown in over 100 countries, with 90% of the world's rice produced in Asia. We have been tracking the prices of Thai white rice, which surged to 15-year highs in 2023 and...
Netanyahu Says Rafah Op To Take 'Weeks, Not Months' As EU Warns Of Damaged Ties
15.05.2024, 17:45 Uhr. ZeroHedge News - https: - Netanyahu Says Rafah Op To Take 'Weeks, Not Months' As EU Warns Of Damaged Ties On Wednesday Israeli Prime Minister Benjamin Netanyahu declared that the controversial Rafah offensive, which has been criticized by a number of Western allies including Washington, is expected to "last weeks" and not not months or years. The Israeli leader appears to be...
Did Michael Cohen Commit Perjury In The Trump Trial?
15.05.2024, 16:45 Uhr. ZeroHedge News - https: - Did Michael Cohen Commit Perjury In The Trump Trial? Authored by Jonathan Turley, Below is a slightly expanded version of my column in the New York Post on the first day of cross examination for Michael Cohen. He still has one day of cross examination ahead of him on Thursday. With the government resting after Cohen’s cross examination, I believe...
WTI Rebounds Off Lows After Across-The-Board Inventory Draws
15.05.2024, 16:39 Uhr. ZeroHedge News - https: - WTI Rebounds Off Lows After Across-The-Board Inventory Draws Oil prices are tumbling this morning despite lower CPI (juicing rate cut hopes), weak retail sales (but strong gas station spending), and a big draw reported overnight by API. It seems the main downside driver was IEA lowering its 2024 demand forecast. World oil demand is forecast to grow...
First ATM, Now Debt-For-Equity Swap, AMC Drains Equity In Bid To Stay Alive
15.05.2024, 16:16 Uhr. ZeroHedge News - https: - First ATM, Now Debt-For-Equity Swap, AMC Drains Equity In Bid To Stay Alive Volatility in "meme stocks" continued in premarket trading on Wednesday as AMC Entertainment Holdings announced a debt-for-equity exchange for $163.9 million in bonds maturing in 2026. This strategy mirrors management's approach that helped the struggling movie theater...
Despite Surging Gasoline Spending, US Retail Sales Missed Big In April
15.05.2024, 15:39 Uhr. ZeroHedge News - https: - Despite Surging Gasoline Spending, US Retail Sales Missed Big In April For once, BofA's analysts 'missed' as their expectations for a small beat in retail sales was eviscerated by a huge miss across the board. Headline Retail sales were unchanged MoM (versus +0.4% exp) and last month's +0.7% MoM move was revised slightly lower to +0.6% MoM. Source:...
Stocks, Bonds, Gold, & Crypto Soar As Rate-Cut Hopes Rise On Small CPI Miss
15.05.2024, 15:13 Uhr. ZeroHedge News - https: - Stocks, Bonds, Gold, & Crypto Soar As Rate-Cut Hopes Rise On Small CPI Miss A 0.1% MoM miss in Headline CPI and continued slowing in Core CPI was all the algos needed to 'buy all the things'. The initial reaction to this morning's data was a surge in rate-cut expectations - two cuts fully priced back in for 2024 and more than three more cuts priced...
OpenAI Co-Founder & Chief Scientist Departs AI Firm
15.05.2024, 14:51 Uhr. ZeroHedge News - https: - OpenAI Co-Founder & Chief Scientist Departs AI Firm Authored by Jesse Coghlan via CoinTelegraph.com, Ilya Sutskever, the co-founder and chief scientist of OpenAI’s for-profit arm who helped briefly oust CEO Sam Altman last year, is leaving the artificial intelligence firm. “After almost a decade, I have made the decision to leave OpenAI,” Sutskever...
Yields Tumble, Set For Bigger Plunge If CPI Comes In Cool
15.05.2024, 14:00 Uhr. ZeroHedge News - https: - Yields Tumble, Set For Bigger Plunge If CPI Comes In Cool Perhaps taking a cue from our CPI commentary last week in which we explained why today's inflation print will likely come in on the dovish side after beating estimates for 5 months in a row... ... moments ago 10Y yields plumbed fresh multi-week lows, sliding to just above 4.40% (from a high of...
Emergency Blackouts Introduced Across Ukraine As Temperatures Dip
15.05.2024, 10:15 Uhr. ZeroHedge News - https: - Emergency Blackouts Introduced Across Ukraine As Temperatures Dip Following several weeks of stepped-up Russian aerial attacks which have pummeled Ukraine's energy and electrical grid, state power operator Ukrenergo on Tuesday announced that rolling emergency blackouts have gone into effect across the country. It comes amid a drop in temperatures which...
7 In 10 Europeans Say Governments Allowing Too Much Immigration
15.05.2024, 08:02 Uhr. ZeroHedge News - https: - 7 In 10 Europeans Say Governments Allowing Too Much Immigration Authored by Steve Watson via Modernity.news, A survey encompassing all 27 countries in the European Union has found that most citizens believe their countries are taking in too many foreign migrants. The poll conducted by BVA Xsight for ARTE Europe Weekly, a project led by the French-German...
Elections And Devaluations
15.05.2024, 04:40 Uhr. ZeroHedge News - https: - Elections And Devaluations Authored by Yves Smith via NakedCapitalism.com, Yves here. It’s revealing that Serious Economist Jeffrey Frankel limits himself to third-world examples in his case studies below on post-election devaluations. Perhaps it would be unseemly to look at, say, the US, UK, Japan, South Korea, or even Australia (admittedly the latter...
Why 1960 Alternate Electors Succeeded Where 2020 Ones Failed
15.05.2024, 03:40 Uhr. ZeroHedge News - https: - Why 1960 Alternate Electors Succeeded Where 2020 Ones Failed Authored by Lawrence Wilson via The Epoch Times (emphasis ours), A November election decades ago produced a clear winner in a hotly contested presidential race. Yet the popular vote immediately came under scrutiny in several states. In one, auditors discovered clear errors in tabulating vote...
Target To Limit LGBT Pride Products To Online And 'Select Stores' After Last Summer's Controversy
15.05.2024, 03:01 Uhr. ZeroHedge News - https: - Target To Limit LGBT Pride Products To Online And 'Select Stores' After Last Summer's Controversy Authored by Bill Pan via The Epoch Times (emphasis ours), Target has announced that its LGBT-themed merchandise will only be sold online and at select stores this June, a decision made after last year’s Pride Month marketing campaign divided customers...
OpenAI 'Exploring' How To Responsibly Generate AI Porn
15.05.2024, 02:00 Uhr. ZeroHedge News - https: - OpenAI 'Exploring' How To Responsibly Generate AI Porn OpenAI, maker of ChatGPT, has recently disclosed plans that could revolutionize its technology’s applications, signaling a potential shift in its traditionally stringent content policies. According to draft documentation released last week, the company is exploring how to 'responsibly' introduce...
Citadel's Ken Griffin Tells Qatar Audience: American Campus Chaos Is "Anarchy"
15.05.2024, 01:41 Uhr. ZeroHedge News - https: - Citadel's Ken Griffin Tells Qatar Audience: American Campus Chaos Is "Anarchy" On day one of the 2024 Qatar Economic Forum in Doha, Citadel's Ken Griffin covered a wide range of hot-button issues. He criticized the Biden administration's latest wave of Chinese tariffs, the ongoing campus crisis terrorizing American colleges and universities, global...
RFK Jr. And AV24 Super PAC Sue Meta, Alleging Election Interference
15.05.2024, 01:00 Uhr. ZeroHedge News - https: - RFK Jr. And AV24 Super PAC Sue Meta, Alleging Election Interference Authored by Matt McGregor via The Epoch Times (emphasis ours), Independent presidential candidate Robert F. Kennedy and the super PAC backing him have filed a lawsuit against Meta Platforms, Inc., for election interference after it allegedly shadow banned the documentary “Who is Bobby...
Goldman Finds Commercial Power Demand In Virginia Explodes Higher As 'Next AI Trade' Soars
15.05.2024, 00:41 Uhr. ZeroHedge News - https: - Goldman Finds Commercial Power Demand In Virginia Explodes Higher As 'Next AI Trade' Soars All eyes are on the powering-up America theme as the surge in artificial intelligence sparks a nationwide boom in data center building. The urgent need to overhaul the nation's power grid to meet the skyrocketing demand for electricity is now front and center...
1 In 8 US Adults Have Tried GLP-1 Obesity Medications, Poll Finds
15.05.2024, 00:20 Uhr. ZeroHedge News - https: - 1 In 8 US Adults Have Tried GLP-1 Obesity Medications, Poll Finds Authored by Amie Dahnke via The Epoch Times (emphasis ours) One in eight American adults have used popular weight loss and diabetes drugs known as GLP-1 agonists, according to the latest KFF Health Tracking Poll. (Photos from Shutterstock / Designed by The Epoch Times) The survey, which...
Record Household Debt, Jump In Delinquencies Signal "Worsening Financial Distress", Fed Warns
15.05.2024, 00:00 Uhr. ZeroHedge News - https: - Record Household Debt, Jump In Delinquencies Signal "Worsening Financial Distress", Fed Warns While the market remains focused on tomorrow's CPI print, and to a lesser extent the April retail sales reports due at the same time, which will both be released at 8:30am on May 15. we should to flag another important report that doesn’t typically get a...
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