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Apple Reportedly Halts Work On Vision Pro 2, Focuses On Cheaper Version As Demand Falters
18.06.2024, 22:46 Uhr. ZeroHedge News - https: - Apple Reportedly Halts Work On Vision Pro 2, Focuses On Cheaper Version As Demand Falters What was Apple CEO Tim Cook thinking? Releasing the Vision Pro headset earlier this year for the price tag of $3,899 (for a 1TB version) in a period where Goldman, including ourselves, has shown the American middle class has quickly deteriorated under Bidenomics...
CBO Figures Out How To "Math", Raises 2024 US Budget Deficit By $400BN To $1.9 Trillion
18.06.2024, 21:01 Uhr. ZeroHedge News - https: - CBO Figures Out How To "Math", Raises 2024 US Budget Deficit By $400BN To $1.9 Trillion This should come as a shock to exactly nobody. Last week, the Treasury reported that in May, the US government collected $323.6 billion in tax receipts, it spent more than double that, or some $670 billion... ... resulting in a May budget deficit of $347 billion...
AI: "Existential Crisis" Or Excuse For Cronyism?
18.06.2024, 18:40 Uhr. ZeroHedge News - https: - AI: "Existential Crisis" Or Excuse For Cronyism? Authored by Joshua Mawhorter via The Mises Institute, Several months ago, I was on a long car trip with my dad, and we listened to a podcast that gave some commentary on the following headlines from the New York Times and the Wall Street Journal: “AI Poses ‘Risk of Extinction,’ Industry...
Holding And Hoping
18.06.2024, 16:40 Uhr. ZeroHedge News - https: - Holding And Hoping By Bnejamin Picton, Senior Macro Strategist at Rabobank Holding and Hoping US stocks reset record highs overnight as the NASDAQ rose 1.25% and the S&P500 closed up 0.77%. Even European stocks shook off the turmoil of the last few days to close higher. The EuroStoxx 100 was up 0.85%, the DAX rose 0.37% and the CAC40 rebounded from...
Biden Announces Deportation Protections For Some Illegal Immigrants
18.06.2024, 16:20 Uhr. ZeroHedge News - https: - Biden Announces Deportation Protections For Some Illegal Immigrants President Joe Biden on Tuesday announced that his administration won't deport many illegal immigrants who are married to US citizens, or whose parent is married to a US citizen. This translates to roughly 500,00 spouses of US citizens, along with 50,000 children, who won't be deported...
Why Consumer Sentiment Fell To A Seven-Month Low
18.06.2024, 16:01 Uhr. ZeroHedge News - https: - Why Consumer Sentiment Fell To A Seven-Month Low Authored by Daniel Lacalle, The University of Michigan Consumer Sentiment Survey plummeted to its lowest level in seven months. The index reading for June came in at 65.6, down from 69.1 in May and under the consensus expectation of 72. In the current conditions and expectations categories, the survey...
Consumer Survey Shows Rising Bullishness
18.06.2024, 14:22 Uhr. ZeroHedge News - https: - Consumer Survey Shows Rising Bullishness Authored by Lance Roberts via RealInvestmentAdvice.com, The latest consumer survey data from the New York Federal Reserve had interesting data. “The New York Fed’s latest consumer survey found that expectations that stocks will be higher in the next 12 months rose from 39% to 41% since last month’s reading...
Giorgia Meloni And Europe's Future
18.06.2024, 09:30 Uhr. ZeroHedge News - https: - Giorgia Meloni And Europe's Future Authored by Conor Gallagher via NakedCapitalism.com, One burning question following the European parliamentary elections that concluded on June 9: how did Italian Prime Minister Giorgia Meloni’s ruling Fratelli d’Italia (Brothers of Italy – Fd’I) perform so well despite the following: A lousy economy. That’s...
Visualizing The Steps Of The Hajj Pilgrimage
18.06.2024, 08:45 Uhr. ZeroHedge News - https: - Visualizing The Steps Of The Hajj Pilgrimage Sunday marked the celebration Eid al-Adha, a festival of sacrifice, which falls on the 10th day of the final month of the Islamic calendar, Dhul-Hijjah. Eid al-Adha is a three day long celebration, and requires the sacrificing of an animal, commemorating Abraham's willingness to sacrifice his son. The sacrificial...
The US' Security Pact With Ukraine Is A Consolation For Not Approving Its NATO Membership
18.06.2024, 08:00 Uhr. ZeroHedge News - https: - The US' Security Pact With Ukraine Is A Consolation For Not Approving Its NATO Membership Authored by Andrew Korybko via Substack, Zelensky celebrated his country’s new security pact with the US on Thursday as “bring[ing] our relations to the level of a true alliance”, but the reality is that it’s just a consolation for the US not approving...
The Trade Wars: How Trump's And Biden's Policies Match Up
18.06.2024, 05:40 Uhr. ZeroHedge News - https: - The Trade Wars: How Trump's And Biden's Policies Match Up Authored by Jonathan Draeger via RealClearPolitics, One of the defining features of former President Trump’s 2016 presidential campaign was his – at least at the time – unorthodox opinions on trade. With the notable exception of Bernie Sanders, the other candidates parroted the longstanding...
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