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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...
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...
Sorry Green Energy Fans, Net Zero Is A Very Unlikely Outcome
26.06.2024, 21:01 Uhr. ZeroHedge News - https: - Sorry Green Energy Fans, Net Zero Is A Very Unlikely Outcome Authored by Mike Shedlock via MishTalk.com, Let’s discuss the Kyoto Protocol climate objectives and dozens of reasons why a net zero by the 2050 target has virtually no chance. The Kyoto Protocol The Kyoto Protocol was adopted on December 11, 1997. There are 192 Parties to the Kyoto Protocol...
Market Spooked By Big Bet Fed Will Cut 300bps By Q1 2025
26.06.2024, 17:27 Uhr. ZeroHedge News - https: - Market Spooked By Big Bet Fed Will Cut 300bps By Q1 2025 While everyone - from the most clueless and incompetent Fed president and career economist-cum-fax machine expert, to the local hotdog vendor and Uber driver - now has an opinion on when the Fed will cut rates, few are willing to put actual money where their mouth is. So when someone bets a substantial...
WTI Drops On Large Gasoline Build, Oil Demand Slump
26.06.2024, 16:40 Uhr. ZeroHedge News - https: - WTI Drops On Large Gasoline Build, Oil Demand Slump Crude prices have roller-coastered over the last 12 hours or so as last night's API (large gasoline build) sparked selling, then buying waves hit during the late-Asia/early-Europe session, then selling returned with a vengance during the early US session as Kanda's comments sparked dollar strength...
Southwest Plunges After Revenue Guidance Slashed As Troubles Mount
26.06.2024, 15:13 Uhr. ZeroHedge News - https: - Southwest Plunges After Revenue Guidance Slashed As Troubles Mount Just over two weeks after activist shareholder Elliott Investment Management was revealed to have nearly a $2 billion equity stake in budget airline Southwest, the investment firm's head, Paul Singer, is already experiencing a turbulent ride. Shares of Southwest plunged as much...
Futures Fade Despite Continued Tech Meltup, Japanese Yen Craters
26.06.2024, 14:20 Uhr. ZeroHedge News - https: - Futures Fade Despite Continued Tech Meltup, Japanese Yen Craters Futures are trading modestly in the red near sessions lows, erasing earlier gains of as much as 0.2% even as gigacap tech stocks continue their meltup higher. At 8:00am ET, S&P futures were down 0.1%, while Nasdaq futures were still green, rising 0.1% but also fading their earlier gains...
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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