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The Anxiety Economy
21.06.2024, 23:40 Uhr. ZeroHedge News - https: - The Anxiety Economy Authored by Charles Hugh Smith via OfTwoMinds blog, We're told to stop being so darn negative even as the tsunami of inequality washes away the beach chairs of the bottom 90%. The disconnect between the happy story of the economy is growing healthily, so all is well and the insecurity and stagnation experienced by the bottom 90%...
California Legalized Drugs; Cartels Took It Over...
21.06.2024, 23:00 Uhr. ZeroHedge News - https: - California Legalized Drugs; Cartels Took It Over... Authored by Daniel Greenfield via The Gatestone Institute, Six years after California legalized marijuana, the bodies keep piling up. Earlier this year, six men were murdered in the Mojave Desert. Four of the men had been burned after being shot with rifles. In 2020, seven people were killed at an...
US Navy's Air & Sea Assets Track Russian Sub Off East Coast, While Rest Of Flotilla Heads South
21.06.2024, 22:42 Uhr. ZeroHedge News - https: - US Navy's Air & Sea Assets Track Russian Sub Off East Coast, While Rest Of Flotilla Heads South The US military's air and sea assets are closely tracking the Russian naval flotilla that recently docked in Havana, Cuba. The flotilla has since split, with a nuclear-powered submarine returning north to the Atlantic Ocean. Meanwhile, the remaining warships...
Crude Pops, Gold Drops, Crypto Flops As NVDA Suffers Worst Week In 2 Months
21.06.2024, 22:01 Uhr. ZeroHedge News - https: - Crude Pops, Gold Drops, Crypto Flops As NVDA Suffers Worst Week In 2 Months The biggest 'quadwitch' ever saw a tight trading range outside of the open and the close. A chaotic start - as $3 trillion notional options expired on the open - left stocks to tread water for much of the day (even as bond markets suddenly gave a shit about flash PMIs), until...
The Unsustainable AI-Driven Lending Boom
21.06.2024, 21:02 Uhr. ZeroHedge News - https: - The Unsustainable AI-Driven Lending Boom Authored by Douglas French via The Mises Institute, For lending, as in all things, necessity is the mother of invention. No matter the rate, lenders want to lend and borrowers want to borrow, with both sides tending to overdo it. The Wall Street Journal (WSJ) reports that the newest collateral thing is the artificial...
Left-Leaning Outlets Amplify Their Anti-Bitcoin Bias Following Trump's Endorsement
21.06.2024, 20:21 Uhr. ZeroHedge News - https: - Left-Leaning Outlets Amplify Their Anti-Bitcoin Bias Following Trump's Endorsement Authored by Fernando Nikolic via BitcoinMagazine.com, The media is buzzing about Trump's recent endorsement of Bitcoin. Looking at Bitcoin Perception data (chart below), coverage of Bitcoin together with Trump has increased month-over-month since the start of the year...
Russia Will 'Never' Withdraw Troops As Precondition To Negotiate: Putin
21.06.2024, 19:20 Uhr. ZeroHedge News - https: - Russia Will 'Never' Withdraw Troops As Precondition To Negotiate: Putin Russian President Vladimir Putin while speaking at a press conference in Hanoi to close out his two-day visit to Vietnam on Thursday said that he will "never" withdraw his troops from Ukraine as a pre-condition for negotiations with the Zelensky government. "If negotiations are...
School Apologizes For Teaching Children That ISIS Is A Terrorist Group After Muslims Complain
21.06.2024, 19:06 Uhr. ZeroHedge News - https: - School Apologizes For Teaching Children That ISIS Is A Terrorist Group After Muslims Complain Authored by Steve Watson via Modernity.news, A middle school in New Jersey has issued an apology for teaching children that the Islamic State (ISIS) is a designated terrorist organisation. Students at Schuyler Colfax Middle School in Wayne, New Jersey, were...
List Of World’s Most Competitive Economies – US Drops Out Of Top 10 For First Time Ever
21.06.2024, 18:11 Uhr. GreatGameIndia - https: - The 2024 World Competitiveness Ranking by the International Institute for Management Development (IMD), released on Tuesday, highlights Singapore, Switzerland, and Denmark as the world’s most competitive economies, while the US dropped out of the top 10 for the first time. According to the International Institute for Management Development’s...
"It's All Rigged": Alvin Bragg Drops All Charges For Columbia Protesters Who Took Over Building
21.06.2024, 18:00 Uhr. ZeroHedge News - https: - "It's All Rigged": Alvin Bragg Drops All Charges For Columbia Protesters Who Took Over Building While Donald Trump had a white collar misdemeanor upgraded to a felony by Manhattan DA Alvin Bragg, dozens of pro-Palestinian protesters who wreaked havoc at Columbia university have had their charges dropped, while 13 more will have their charges dropped...
Color The Dot Plot
21.06.2024, 17:43 Uhr. ZeroHedge News - https: - Color The Dot Plot By Philip Marey, Senior US Strategist at Rabobank Color the Dot Plot EUR/USD dropped below 1.070 this morning and GBP/USD below 1.265 as the Fed still looks relatively hawkish compared to central banks across the Atlantic. The Bank of England’s MPC maintained the policy rate at 5.25%, a decision that was ‘finely balanced’ for...
The State Wants To Nationalize Second Mortgages. What Could Possibly Go Wrong?
21.06.2024, 17:00 Uhr. ZeroHedge News - https: - The State Wants To Nationalize Second Mortgages. What Could Possibly Go Wrong? Authored by Artis Shepherd via The Mises Institute, Recently, Freddie Mac, a government-sponsored enterprise, sought approval from its oversight agency, the Federal Housing Finance Agency (FHFA), to purchase and guarantee second mortgages in the United States. While the business...
EU Tariffs Of Up To 38.1% On China-Made EVs Are About To Take Hold
21.06.2024, 16:42 Uhr. ZeroHedge News - https: - EU Tariffs Of Up To 38.1% On China-Made EVs Are About To Take Hold It will only be days now before tariffs of up to 38.1% go into effect on BEVs shipped from China to the EU - the culmination of a monthslong inquiry into how Chinese made EVs have impacted the European auto market. As we noted days ago, SAIC is being hit with a 38.1% tariff and BYD...
Existing Home Sales Tumble In May... As Prices Set New Record High
21.06.2024, 16:14 Uhr. ZeroHedge News - https: - Existing Home Sales Tumble In May... As Prices Set New Record High US existing home sales fell for the third straight month in May (-0.7% MoM vs -1.0% exp). This left home sales down 2.8% YoY (YoY sales have not increased since July 2021)... Source: Bloomberg The total home sales SAAR is push back towards COVID lockdown lows once again at 4.1mm, but...
A Fundamental Shift Higher In Valuations
21.06.2024, 15:45 Uhr. ZeroHedge News - https: - A Fundamental Shift Higher In Valuations Authored by Lance Roberts via RealInvestmentAdvice.com, Over the last decade, there has been an ongoing fundamental debate about markets and valuations. The bulls have long rationalized that low rates and increased liquidity justify overpaying for the underlying fundamentals. For the last decade, that view appears...
"A Loss Of Momentum": European PMIs Unexpectedly Crumble Across The Board
21.06.2024, 15:32 Uhr. ZeroHedge News - https: - "A Loss Of Momentum": European PMIs Unexpectedly Crumble Across The Board Judging by the unexpected freefall and across-the-board miss in Europe's PMIs this morning, the ECB may have cut rates too little, too late. The Euro area composite flash PMI declined by 1.3pt to 50.8, below consensus expectations of 52.5. According to Goldman, the deceleration...
Appeals Court Denies Steve Bannon's Emergency Bid To Avoid Prison
21.06.2024, 14:30 Uhr. ZeroHedge News - https: - Appeals Court Denies Steve Bannon's Emergency Bid To Avoid Prison Authored by Zachary Stieber via The Epoch Times, A federal appeals court late on June 20 denied Steve Bannon’s emergency request to delay his prison sentence. In a split ruling, a panel of the U.S. Court of Appeals for the District of Columbia Circuit said that Mr. Bannon’s request...
Futures Fall, Tech Rally Fades Ahead Of Record $5 Trillion OpEx
21.06.2024, 14:19 Uhr. ZeroHedge News - https: - Futures Fall, Tech Rally Fades Ahead Of Record $5 Trillion OpEx US futures were slightly lower, with tech companies indicating declines as the AI-fueled rally showed signs of fading, even as tech funds had their largest weekly inflow on record, which Bank of America's Michael Harnett said hints at “AI capitulation.” As of 8:00am ET, S&P futures...
"Deal's Off", Canadian Officials Tell China
21.06.2024, 13:20 Uhr. ZeroHedge News - https: - "Deal's Off", Canadian Officials Tell China Via SchiffGold.com, China’s recent attempt to secure a rare earth minerals stockpile ended in failure when a competitor stepped in to snag the deal... Vital Metals, a mining firm based in Australia, announced Monday that minerals collected from its Saskatchewan-based Nechalacho Project will remain within...
For The First Time Since The Financial Crisis, CMBS Investors Face Europe's First AAA Loss
21.06.2024, 12:55 Uhr. ZeroHedge News - https: - For The First Time Since The Financial Crisis, CMBS Investors Face Europe's First AAA Loss This wasn't supposed to happen... or rather this wasn't supposed to happen outside of a crisis (and certainly not with stocks at all time highs). Sure, the "impossible" did happen back back in April 2020, just as the world was about to break and the Fed was injecting...
The US Drops Out Of Global Competitiveness Top 10 For First Time Ever
21.06.2024, 10:15 Uhr. ZeroHedge News - https: - The US Drops Out Of Global Competitiveness Top 10 For First Time Ever Singapore, Switzerland and Denmark have been named the world’s most competitive economies in the 2024 World Competitiveness Ranking published by the International Institute for Management Development (IMD) on Tuesday. While Denmark dropped two spots after topping the list in 2022...
Head Of German Teachers Association Warns Education System Being Overwhelmed With Migrants
21.06.2024, 09:30 Uhr. ZeroHedge News - https: - Head Of German Teachers Association Warns Education System Being Overwhelmed With Migrants Authored by Paul Joseph Watson via Modernity.news, The president of the German Teachers Association has warned that the country’s education system is being overwhelmed with migrant students, many of whom are illiterate and can barely speak the language. “Due...
Recipe For EU Disaster: Warning Signs Ignored
21.06.2024, 08:01 Uhr. ZeroHedge News - https: - Recipe For EU Disaster: Warning Signs Ignored Authored by Grzegorz Adamczyk via ReMix News, Recent European Parliament election results and reactions to them have sparked discussions about the true meaning of European autonomy, a term frequently touted by French President Emmanuel Macron that now seems to lack real substance beyond pompous declarations...
Mission Creep: How The Police State Acclimates Us To Being Modern-Day Slaves
21.06.2024, 05:40 Uhr. ZeroHedge News - https: - Mission Creep: How The Police State Acclimates Us To Being Modern-Day Slaves Authored by John & Nisha Whitehead via The Rutherford Institute, “In a fully developed bureaucracy there is nobody left with whom one can argue, to whom one can present grievances, on whom the pressures of power can be exerted. Bureaucracy is the form of government in which...
Putin Says West Prepared To Scapegoat Zelensky For War Failures: 'Replaced By Next Year'
21.06.2024, 05:20 Uhr. ZeroHedge News - https: - Putin Says West Prepared To Scapegoat Zelensky For War Failures: 'Replaced By Next Year' Russian President Vladimir Putin is in Vietnam, where he signed at least a dozen energy and trade deals with the country's President To Lam, on his tour to shore up ties in Asia in an effort to offset the West's drive to isolate Moscow. On his last day in the country...
Journalist Formerly Detained In China Barred From Australian Media Event During CCP Premier's Visit
21.06.2024, 05:00 Uhr. ZeroHedge News - https: - Journalist Formerly Detained In China Barred From Australian Media Event During CCP Premier's Visit Authored by Rex Widerstrom via The Epoch Times (emphasis ours), Staff from the Australian prime minister’s office barred Chinese-born Australian journalist Cheng Lei from reporting on Opposition Leader Peter Dutton’s meeting with Chinese Communist...
"A Direct Attack On Our Democratic Process": Missouri AG Sues New York Over Trump Lawfare
21.06.2024, 04:40 Uhr. ZeroHedge News - https: - "A Direct Attack On Our Democratic Process": Missouri AG Sues New York Over Trump Lawfare Missouri Attorney General Andrew Baily on Thursday announced that he's suing the State of New York over what he called a "direct attack on our democratic process through unconstitutional lawfare against President Trump." We have to fight back against a rogue prosecutor...
Lott: Biden Gun Regulations Don’t Affect Mass Shootings
21.06.2024, 04:20 Uhr. ZeroHedge News - https: - Lott: Biden Gun Regulations Don’t Affect Mass Shootings Authored by John R. Lott Jr. via RealClearPolitics, President Biden is making gun control a central part of his reelection campaign. In a new ad, Biden says that Trump did “nothing” when children were “gunned down in classrooms,” innocent people “killed in church,” and others “massacred...
Watch: Filipino Soldiers Fought Off Axe-Wielding Chinese Coast Guard 'With Bare Hands'
21.06.2024, 04:00 Uhr. ZeroHedge News - https: - Watch: Filipino Soldiers Fought Off Axe-Wielding Chinese Coast Guard 'With Bare Hands' Dramatic new video shows the latest ramming incident between Chinese and Philippine vessels in a contested area of the South China Sea, and it reveals clear escalation which involved the Chinese side clearly brandishing weapons. The incident happened near the Second...
A Fiscal Crisis: The West Is On The Wrong Side Of Cost Curve
21.06.2024, 03:40 Uhr. ZeroHedge News - https: - A Fiscal Crisis: The West Is On The Wrong Side Of Cost Curve Authored by Matthew van Wagenen and Arnel David via RealClearWireThe Epoch Times, An axis of aggressors has embarked on a new strategy to defeat the West: relentless attacks with inexpensive weapons, produced at scale, to provoke a global response. Western militaries, which cling to outdated...
First-Of-Its-Kind Study Explains Why Some People Don't Get COVID-19
21.06.2024, 03:00 Uhr. ZeroHedge News - https: - First-Of-Its-Kind Study Explains Why Some People Don't Get COVID-19 Authored by Marina Zhang via The Epoch Times (emphasis ours), Researchers have discovered why some people remain uninfected by the COVID-19 virus—even after their nasal cavities are exposed to it. (serhii.suravikin/Shutterstock) According to a recent study, these people have faster...
KitKat-Maker Warns 'Cocoaflation' Will Send Chocolate Bar Prices Higher For Consumers
21.06.2024, 02:00 Uhr. ZeroHedge News - https: - KitKat-Maker Warns 'Cocoaflation' Will Send Chocolate Bar Prices Higher For Consumers Mark Davies, managing director at Nestlé Confectionery UK & Ireland, has issued a stark warning to chocolate lovers: while secured and hedged supplies of cocoa beans have kept KitKat bar prices relatively low amid the cocoa price storm, the full impact is about...
Price Discovery Equals Short Sales
21.06.2024, 00:20 Uhr. ZeroHedge News - https: - Price Discovery Equals Short Sales Authored by Douglas French via The Mises Institute, Price discovery in commercial real estate, which had been frozen while sellers insisted on prices from the good ol’ ZIRP days, is starting to thaw. Real estate giant Related Companies has unloaded the property at 321 W. 44th St., New York City, for less than $50...
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