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Precarious: One Misfortune Away From Insolvency
15.05.2024, 23:00 Uhr. ZeroHedge News - https: - Precarious: One Misfortune Away From Insolvency Authored by Charles Hugh Smith via OfTwoMinds blog, As a result, a significant percentage of households that are considered middle-class are one misfortune away from insolvency. We can summarize the changes in our economy over the past two generations with one word: precarity, as life for the bottom 90%...
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...
US Futures Coiled Tightly Ahead Of Key CPI Print
15.05.2024, 13:31 Uhr. ZeroHedge News - https: - US Futures Coiled Tightly Ahead Of Key CPI Print Equity futures were set to hold yesterday's gains ahead of today's CPI report, but will move violently either higher or lower after today's CPI number is released, which will either validate or reject Jerome Powell’s latest signals that interest rates will be higher for longer (our CPI preview is here)...
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