Neueste Heute 17.05.2024 16.05.2024
2 House Panels Clear Contempt Resolutions Against AG Garland
18.05.2024, 03:00 Uhr. ZeroHedge News - https: - 2 House Panels Clear Contempt Resolutions Against AG Garland Authored by Samantha Flom via The Epoch Times (emphasis ours), Attorney General Merrick Garland appears at a House Appropriations Committee hearing on Capitol Hill on April 16, 2024. (Andrew Harnik/Getty Images) Republicans on two House committees voted to hold Attorney General Merrick Garland...
Jeff Currie, The Copper Bull: "Most Compelling Trade I've Seen In My 30-Year Trading Career"
18.05.2024, 00:00 Uhr. ZeroHedge News - https: - Jeff Currie, The Copper Bull: "Most Compelling Trade I've Seen In My 30-Year Trading Career" Jeff Currie, who led commodities research at Goldman Sachs for nearly three decades and now serves as the chief strategy officer of the energy pathways team at Carlyle Group, appeared on Bloomberg's Odd Lots to discuss why copper is the best trade he has...
US Banks Suffer $80BN Deposit Decline, Money Market Fund AUM Rise As Stocks Soar
17.05.2024, 22:42 Uhr. ZeroHedge News - https: - US Banks Suffer $80BN Deposit Decline, Money Market Fund AUM Rise As Stocks Soar For the fourth straight week, money market funds saw inflows (+$16.4BN), pushing back towards record highs above the $6 trillion level - the highest level in a month - after the seasonal tax-related dip... Source: Bloomberg Retail investors have piled into money funds since...
Dismal Data Sparks Dollar Dump - Everything Else Rips On Record Week
17.05.2024, 22:00 Uhr. ZeroHedge News - https: - Dismal Data Sparks Dollar Dump - Everything Else Rips On Record Week US Macro Surprise data declined for the sixth straight week... to its weakest since January 2023... Source: Bloomberg But that 'bad news' prompted a run to record highs for risky stocks... Source: Bloomberg As the market seems to be completely discounting the collapse in soft survey...
DTCC, Chainlink Complete Fund Tokenization Pilot With JPMorgan, Templeton And Other Financial Giants Participating
17.05.2024, 21:41 Uhr. ZeroHedge News - https: - DTCC, Chainlink Complete Fund Tokenization Pilot With JPMorgan, Templeton And Other Financial Giants Participating By Tom Mitchelhill of CoinTelegraph The world’s largest settlement system, the Depository Trust and Clearing Corporation (DTCC), and blockchain oracle Chainlink have wrapped up a pilot program with several major banking firms in the United...
VDH: The Biden Re-Election Strategy
17.05.2024, 18:21 Uhr. ZeroHedge News - https: - VDH: The Biden Re-Election Strategy Authored by Victor Davis Hanson, President Joe Biden polls at or below 40 percent approval. Historically, such unpopularity has made it almost impossible for a president to be reelected. Biden is not so much an octogenarian as an unhealthy and prematurely aging 80-year-old. It is America’s irony that he is fit for...
Chinese FX Outflows Soar To Highest Since 2015 Devaluation, Priming Next Bitcoin Surge
17.05.2024, 17:26 Uhr. ZeroHedge News - https: - Chinese FX Outflows Soar To Highest Since 2015 Devaluation, Priming Next Bitcoin Surge Last October, when we pointed out that China's FX outflows had just hit a whopping $75BN - the single biggest monthly outflow since the 2015 currency devaluation - we concluded that the "unfavorable interest rate spread between China and the US will "likely imply...
Biden Agrees To A Debate Between Kamala Harris And Trump's VP Pick
17.05.2024, 17:00 Uhr. ZeroHedge News - https: - Biden Agrees To A Debate Between Kamala Harris And Trump's VP Pick Authored by Mike Shedlock via MishTalk.com, This VP debate will be widely watched and a lot of fun too. I have a suggestion for Trump. Stage Set for VP Debate Politico reports Biden Campaign Agrees to VP Debate on CBS The Biden campaign has accepted an invitation from CBS News for Vice...
Futures Flat In Quiet End To Torrid Week
17.05.2024, 12:53 Uhr. ZeroHedge News - https: - Futures Flat In Quiet End To Torrid Week US equity futures are flat to end a torrid week which saw all indexes hit a fresh all-time high while the terminally anachronistic Dow Jones briefly topped 40,000. Pre-market, MegaCap Tech are mixed: AMZN +20bp, MSFT +20bp, META -22bp, GOOGL -18bp. WMT is down 27bps pre-mkt, after its +7.0% rally post-earnings...
Judge Rejects Democrat Lawsuit Challenging Wisconsin Absentee Voting Requirements
16.05.2024, 23:15 Uhr. ZeroHedge News - https: - Judge Rejects Democrat Lawsuit Challenging Wisconsin Absentee Voting Requirements Authored by Zachary Steiber via The Epoch Times (emphasis ours), Poll workers sort out early and absentee ballots at the Kenosha Municipal building on Election Day on Nov. 3, 2020, in Kenosha, Wis. (AP Photo/Wong Maye-E) A federal judge has dismissed a lawsuit claiming...
Stocks Pause After Dow Briefly Touches Historic 40,000
16.05.2024, 22:02 Uhr. ZeroHedge News - https: - Stocks Pause After Dow Briefly Touches Historic 40,000 The Dow Jones Industrial Average surged above the historic 40,000 mark in late morning and early afternoon trading. Euphoria was high as bulls celebrated Dow 40,000. This week's gains across broad equity indexes were primarily driven by a cooler April CPI print and dismal retail data on Wednesday...
Goldbugs Waited Years For A Massive Comex Short Squeeze, And Finally Got It... Just In The Wrong Metal
16.05.2024, 20:45 Uhr. ZeroHedge News - https: - Goldbugs Waited Years For A Massive Comex Short Squeeze, And Finally Got It... Just In The Wrong Metal For much of the past decade, gold bugs religiously tracked the physical gold inventory located in the various gold vaults that make up the Comex system, eagerly awaiting the day when there would be more deliverables (via paper shorting of gold) than...
$27,000 Gold
16.05.2024, 20:25 Uhr. ZeroHedge News - https: - $27,000 Gold Authored by James Rickards via DailyReckoning.com, I’ve previously said that gold could reach $15,000 by 2026. Today, I’m updating that forecast. My latest forecast is that gold may actually exceed $27,000. I don’t say that to get attention or to shock people. It’s not a guess; it’s the result of rigorous analysis. Of course,...
America Is No Longer A Hyperpower, And Others Keep On Rocketing The Free World
16.05.2024, 18:25 Uhr. ZeroHedge News - https: - America Is No Longer A Hyperpower, And Others Keep On Rocketing The Free World By Michael Every of Rabobank Stocks up, Stonks up, bonds up, gold up, crypto up, and copper up to a new record high. Almost everything rocketed after US CPI came a slither lower than expected --and 30 minutes earlier than scheduled on the BLS website, which markets looking...
Walmart Soars To Record High After Beating Estimates, Guiding Higher As Consumers "Trade Down"
16.05.2024, 15:22 Uhr. ZeroHedge News - https: - Walmart Soars To Record High After Beating Estimates, Guiding Higher As Consumers "Trade Down" WMT stock surged in premarket trading after the company not only reported Q1 earnings that blew away expectations, but guided even higher than consensus, and now expects the full year to be slightly better than planned as the big-box retailer attracts price-conscious...
CME Plans To Launch Spot Bitcoin Trading
16.05.2024, 14:25 Uhr. ZeroHedge News - https: - CME Plans To Launch Spot Bitcoin Trading The Chicago Mercantile Exchange (CME), the world's largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times report. This move would provide major hedge funds and institutional traders with a regulated venue to trade Bitcoin. As Vivek Sun reports via...
Futures Flat At All Time High As Markets Mull Next Move
16.05.2024, 13:47 Uhr. ZeroHedge News - https: - Futures Flat At All Time High As Markets Mull Next Move US index futures are flat after notching new record highs on the S&P 500 and Nasdaq 100, spurred on by a miss in the US CPI print and retail sales data on Wednesday, which also boosted bets the Federal Reserve will ease policy. That inflation data, which the market was feverishly anticipating,...
What About The Non-Superstar Companies That Account For 85% Of US Jobs
16.05.2024, 13:20 Uhr. ZeroHedge News - https: - What About The Non-Superstar Companies That Account For 85% Of US Jobs By Dhaval Joshi of BCA Research The Superstar Economy The stellar performance of the S&P 500 superstars is not representative of the profits of wider corporate America. For the direction of the US jobs market, we should closely monitor the profits of the 6.4 million non-superstar...
Convicted Non-Violent Felons Can Own Guns, Ninth Circuit Rules
16.05.2024, 04:40 Uhr. ZeroHedge News - https: - Convicted Non-Violent Felons Can Own Guns, Ninth Circuit Rules In what must be the first time California's 9th circuit has ruled in favor of the 2nd Amendment, non-violent convicted felons can now own guns. The decision stems from a 2020 case, in which California resident Steven Duarte was arrested after tossing a handgun out of a moving car during...
Tyson Foods CEO Unsure When Nation's Collapsing Beef Herd Will Reverse
16.05.2024, 00:40 Uhr. ZeroHedge News - https: - Tyson Foods CEO Unsure When Nation's Collapsing Beef Herd Will Reverse Tyson Foods CEO Donnie King spoke at the BMO Global Farm to Market Conference in Toronto on Wednesday, expressing much uncertainty about when US ranchers will rebuild tight cattle herds meaningfully. Reuters was the first to report King's comments at BMO's farm conference. He...
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...
Goldman Warns Copper "Is Having A Cocoa Moment"
15.05.2024, 19:44 Uhr. ZeroHedge News - https: - Goldman Warns Copper "Is Having A Cocoa Moment" In a Goldman Materials note this morning covering China and copper, analyst James McGeoch pointed out that the base metal is "having a Cocoa moment." Comex copper futures for July delivery jumped nearly 5% to $5.12 a pound, exceeding an earlier record for the most active contract set in March...
Putin To Visit China To Discuss Energy Ties
15.05.2024, 17:25 Uhr. ZeroHedge News - https: - Putin To Visit China To Discuss Energy Ties By Julianna Geiger of OilPrice.com Russian President Vladimir Putin is set to visit China on May 16-17 for discussions with President Xi Jinping, in part to discuss expanding energy and trade partnerships. The state visit, initiated by Xi, will cover topics such as China's Belt and Road Initiative as well...
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...
Consumer Prices Have Risen Every Month Since 'Bidenomics' Began, Up 19.5% To Record High
15.05.2024, 14:41 Uhr. ZeroHedge News - https: - Consumer Prices Have Risen Every Month Since 'Bidenomics' Began, Up 19.5% To Record High After a fourth straight month of hotter than expected PPI, analysts' expectations for CPI were tightly ranged around 0.3-0.4% MoM and printed +0.3% MoM (slightly below the 0.4% expected). The YoY headline CPI fell to +3.4% as expected from +3.5% prior Source: Bloomberg...
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)...
Gazprom’s Declining Fortunes Spell Trouble for Moscow
15.05.2024, 11:24 Uhr. Foreign Policy - https: - The gas giant’s record loss should worry the Kremlin on several fronts....
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...
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...
Snyder: "Demographic Winter Is Coming" As Fertility Rates Plummet All Over The Globe
14.05.2024, 23:40 Uhr. ZeroHedge News - https: - Snyder: "Demographic Winter Is Coming" As Fertility Rates Plummet All Over The Globe Authored by Michael Snyder via The End of The American Dream blog, Fertility rates have fallen way below replacement level throughout the entire industrialized world, and this is starting to cause major problems all over the globe. Aging populations are counting on...
VDH: Has America Finally Had It With Joe Biden?
14.05.2024, 22:21 Uhr. ZeroHedge News - https: - VDH: Has America Finally Had It With Joe Biden? Authored by Victor Davis Hanson, Joe Biden’s personal approval rating is at historic lows; almost all his policies do not poll fifty percent. He is behind Trump in almost all the swing states. And now he lies serially even to sympathetic interviewers. In short, finally Biden has been exposed for what...
Retail Wrecking Crew Hammers Hedgies Again; Stocks/Powell Shrug Off Stagflation Signals
14.05.2024, 22:01 Uhr. ZeroHedge News - https: - Retail Wrecking Crew Hammers Hedgies Again; Stocks/Powell Shrug Off Stagflation Signals Hot PPI initially spooked markets (yields and dollar up, stocks down) but that faded fast (on lower revisions) - but the stag-flation trend continues this week... Source: Bloomberg Powell did briefly spook stocks around 1030ET with the following comment: "it's a...
Clearing Demand
14.05.2024, 20:03 Uhr. ZeroHedge News - https: - Clearing Demand By Ahmed Bin Sulayem Since its establishment in 2005, the Dubai Commodities Clearing Corporation (DCCC) has been the central counterparty for clearing and settlement services to the Dubai Gold & Commodities Exchange (DGCX). Emerging as the largest clearing house in the MENA region by volume, DCCC is now poised to play a far more multinational...
Cocoa Market Hit With Second Crash In Weeks As Liquidity Evaporates
14.05.2024, 19:46 Uhr. ZeroHedge News - https: - Cocoa Market Hit With Second Crash In Weeks As Liquidity Evaporates Cocoa futures in New York crashed for the second time in just days as liquidity evaporated, and a new weather forecast points to improved weather conditions for top producers of the bean in West Africa. The most active cocoa contract in New York plunged 19% on Monday, recovering...
Moving Average Crossovers Suggest The Bull Is Back
14.05.2024, 19:22 Uhr. ZeroHedge News - https: - Moving Average Crossovers Suggest The Bull Is Back Authored by Lance Roberts via RealInvestmentAdvice.com, While there is much debate over whether another bear market is imminent, weekly moving average crossovers suggest a different outcome for now. There are many current concerns, from geopolitical risk to still inverted yield curves, slowing economic...
Markets Now Face Make Or Break Inflation Data
14.05.2024, 14:22 Uhr. ZeroHedge News - https: - Markets Now Face Make Or Break Inflation Data By Michael Msika, Bloomberg markets live reporter and strategist European stocks are hovering around record highs on conviction that interest rates will come down and revive the economy, making this week’s inflation data a key to extending the rally. Monetary policies in the US and in Europe are expected...
"Markets Extremely Quiet" Ahead Of PPI, CPI, Powell Speech
14.05.2024, 12:37 Uhr. ZeroHedge News - https: - "Markets Extremely Quiet" Ahead Of PPI, CPI, Powell Speech US equity futures are flat into tomorrow's CPI/Retail Sales print with PPI the major macro data point today, while Fed Chair Powell also speaks. Futures are flat after also closing unchanged yesterday when the return of the meme stonk mania sent GME and AMC soaring, and hammered L/S hedge funds...
Pro-Israel PAC Guns For Massie - Did Speaker Johnson Encourage Attack?
14.05.2024, 01:20 Uhr. ZeroHedge News - https: - Pro-Israel PAC Guns For Massie - Did Speaker Johnson Encourage Attack? A prominent pro-Israel super PAC is gunning for Republican Congressman Thomas Massie, in retribution for his many recent votes against bills that advance Israel's agenda in Washington. The group may have had some high-placed encouragement: Massie says House Speaker Mike Johnson recently...
What's The Inflation Rate Under Biden Vs 7 Previous Presidents?
13.05.2024, 21:31 Uhr. ZeroHedge News - https: - What's The Inflation Rate Under Biden Vs 7 Previous Presidents? Authored by Mike Shedlock via MishTalk.com, Voters seem angry about inflation despite economists telling us how great things are. A few pictures explain. Why Biden Is Losing on the Economy The Wall Street Journal comments on Why Biden Is Losing on the Economy Democrats and the press keep...
"I See Dead People": Bragg's Case Against Trump Goes Paranormal
13.05.2024, 15:25 Uhr. ZeroHedge News - https: - "I See Dead People": Bragg's Case Against Trump Goes Paranormal Authored by Jonathan Turley, Below is my column on the completion of the testimony of Stormy Daniels and the start of the testimony of Michael Cohen. With a dubious legal theory, the testimony has only magnified the criticism of the prosecution as parading sensational rather than material...
Futures Gain With All Time Highs In Sight As Key CPI Report Looms
13.05.2024, 14:03 Uhr. ZeroHedge News - https: - Futures Gain With All Time Highs In Sight As Key CPI Report Looms US equity futures extended last week's solid gains when they traded just about 1% below all time highs, as investors awaited key CPI later this week that will shape the Fed's actions in coming months. As of 7:30am, contracts on the S&P 500 rose about 0.2% (but still below Friday's highs)...
Orange Juice Prices Primed For Breakout After Forecast Warns Brazil Set For Worst Harvest In Decades
13.05.2024, 12:55 Uhr. ZeroHedge News - https: - Orange Juice Prices Primed For Breakout After Forecast Warns Brazil Set For Worst Harvest In Decades Breakfast lovers are in for another jolt as orange juice prices surge to near-record levels. A new report released on Friday indicates that Brazil, the leading global exporter of OJ, is facing its worst harvest in over three decades. This alarming...
Mass Immigration Has "Utterly Failed" Britain As New Report Debunks Myths Of Economic Growth & Fiscal Benefits
13.05.2024, 09:30 Uhr. ZeroHedge News - https: - Mass Immigration Has "Utterly Failed" Britain As New Report Debunks Myths Of Economic Growth & Fiscal Benefits Authored by Thomas Brooke via ReMix News, The U.K.'s cumulative net migration in the 25 years up to 1997 was just 68,000. In the 25 years to follow, cumulative net migration was at least 5.8 million," a damning new report co-authored by Britain's...
Newsom Forced To Slash California Budget, Blames Crippling Deficit On "Rain Bombs" And Tax Shortfalls
13.05.2024, 02:00 Uhr. ZeroHedge News - https: - Newsom Forced To Slash California Budget, Blames Crippling Deficit On "Rain Bombs" And Tax Shortfalls In the course of two years, California has turned a $100 billion surplus into a $73 billion deficit, forcing governor Gavin Newson (D) to propose painful (token) spending cuts on Friday while announcing his revised state budget. California Governor...
Goldman Asks: "Might This Be A Monetary Juncture Akin To 1995 Or 2011"
12.05.2024, 19:11 Uhr. ZeroHedge News - https: - Goldman Asks: "Might This Be A Monetary Juncture Akin To 1995 Or 2011" In a client note on Friday, Goldman's Mark Wilson commented on the money supply (M2) growth, which has noticeably turned upward following the most significant crash since the Great Depression. He questions if this is an inflection point in a "monetary juncture akin to 1995 or...
Big Oil Has Flourished, Despite Biden's Best Efforts, And Will Back Trump In 2024
12.05.2024, 18:00 Uhr. ZeroHedge News - https: - Big Oil Has Flourished, Despite Biden's Best Efforts, And Will Back Trump In 2024 “It’s death by 1,000 cuts. It’s the worst presidency with regard to energy policy I’ve ever seen — and I’ve been involved in energy for 40 years, my entire career.” Those were the words of Steve Pruett, chief executive of Elevation Resources, to Financial...
The Land Of The Setting Sun: The Currency Crisis Of Japan Has Just Started
12.05.2024, 01:51 Uhr. ZeroHedge News - https: - The Land Of The Setting Sun: The Currency Crisis Of Japan Has Just Started By Tuomas Malinen of The MT Malinen substack On Tuesday, we shortly commented the flash crash and the (assisted) recovery of the Japanese Yen between Friday and Monday, 26-29 April, on the GnS Economic’s Deprcon Outlook. In this entry, I will detail the reasons behind the crash...
"It Simply Does Not Make Any Sense": Judge Trashes Election Lawsuit By The Elias Law Firm
12.05.2024, 00:30 Uhr. ZeroHedge News - https: - "It Simply Does Not Make Any Sense": Judge Trashes Election Lawsuit By The Elias Law Firm Authored by Jonathan Turley via jonathanturley.org, (MSNBC/via YouTube) The firm of former Clinton campaign general counsel Marc Elias has lost another election case in a spectacular fashion. The Chief Judge of the Western District of Wisconsin, James Peterson...
Week 3: Trump On Trial, And What To Expect On Monday
11.05.2024, 16:30 Uhr. ZeroHedge News - https: - Week 3: Trump On Trial, And What To Expect On Monday Authored by Techno Fog via The Reactionary, This week of The State of New York v. Donald Trump began with Judge Juan Merchan’s threat to imprison Trump for his social media posts. Again, at the insistence of the State, Judge Merchan leveled monetary penalties against Trump for the remarks he has...