Neueste Heute 02.05.2024 01.05.2024
Markets Chop As Wall Street Awaits Apple Earnings After Bell, NFP Friday For Market Direction
02.05.2024, 22:00 Uhr. ZeroHedge News - https: - Markets Chop As Wall Street Awaits Apple Earnings After Bell, NFP Friday For Market Direction US equities ended their two-day slide as tech companies surged late in the session. The trading day has been choppy, with Wall Street now turning its attention to Apple's earnings after the bell. Some analysts anticipate Apple will reveal a major buyback...
US Factory Orders Rise In March... But February Saw Yet Another Downward Revision
02.05.2024, 16:14 Uhr. ZeroHedge News - https: - US Factory Orders Rise In March... But February Saw Yet Another Downward Revision The roller-coaster ride of US durable goods and factory orders continued in March (final data just released) as the flip-flopping data series Having plunged by the most since COVID lockdowns in January, US factory orders continued to accelerate in March, +1.6% MoM (as...
ADP Employment Report Strong In April, But Tech Sector Lost Jobs
01.05.2024, 14:28 Uhr. ZeroHedge News - https: - ADP Employment Report Strong In April, But Tech Sector Lost Jobs Thanks to an upward revision in March (from +184k to +208k), April's ADP print was lower at +192k (beating expectations of +183k)... Under the hood, practically everything was solid, with only the Information sector losing jobs... "Hiring was broad-based in April. Only the information...
California's Tax Revenue Projections Weakening As Newsom's Budget Revision Deadline Looms
30.04.2024, 01:40 Uhr. ZeroHedge News - https: - California's Tax Revenue Projections Weakening As Newsom's Budget Revision Deadline Looms Authored by Travis Gillmore via The Epoch Times (emphasis ours), With the state facing a record-high budget deficit, tax collections are failing to meet California Gov. Gavin Newsom’s budget proposal projections, which could put further pressure on the state’s...
Here's What The Treasury Will Announce In Its Borrowing Estimate At 3pm Today
29.04.2024, 20:17 Uhr. ZeroHedge News - https: - Here's What The Treasury Will Announce In Its Borrowing Estimate At 3pm Today Ahead of Wednesday's full Treasury refunding announcement and FOMC announcement, as well as today's Treasury Borrowing Estimate, a nerdy clash has broken out within the rates market between those who expect the Treasury to surprise to the downside with its upcoming Sources...
Diesen Samstag: Souveränitäts-Demonstration in Bern
25.04.2024, 12:55 Uhr. Transition News - https: - Die Weltgesundheitsorganisation WHO bereitet die Revision der Internationalen Gesundheitsvorschriften (IGV) und einen Pandemiepakt vor (wir haben hier darüber berichtet – weiterführende Links im Artikel). Die Souveränitätsinitiative will erreichen, dass internationale Organisationen die Grundrechte, die in der Schweiz die Bundesverfassung stipuliert...
Durables Goods Orders Suffers Biggest YoY Decline Since COVID Lockdowns
24.04.2024, 14:40 Uhr. ZeroHedge News - https: - Durables Goods Orders Suffers Biggest YoY Decline Since COVID Lockdowns The roller-coaster ride that is 'Durable Goods New Orders' continues this morning after the last six months of so have seen monthly swings higher and lower with no trend discernible whatsoever (especially noteworthy given yesterday's slump into contraction for the Manufacturing...
After Big Downward Revision, New Home Sales Jumped In March Along With Prices
23.04.2024, 16:37 Uhr. ZeroHedge News - https: - After Big Downward Revision, New Home Sales Jumped In March Along With Prices Following the plunge in Existing Home Sales (and Start and Permits), March New Home Sales (unexpectedly) soared - rising 8.8% Mom (+0.9% exp). This big jump (largest MoM since Dec 2022) is made to look a lot better after February's 0.3% MoM decline was revised dramatically...
US Industrial Production Is Flat YoY In March
16.04.2024, 15:28 Uhr. ZeroHedge News - https: - US Industrial Production Is Flat YoY In March US Industrial Production rose 0.4% MoM in March - as expected - which was... wait for it... the same rise as in February after that data was revised notably higher. However, even with the revision and the subsequent rise, Industrial Production remains unchanged YoY... Source: Bloomberg We can't help but...
Is There Some Deus ex Machina That Will Solve The Fed's Inflation Problem In Time For A June Rate Cut
08.04.2024, 16:40 Uhr. ZeroHedge News - https: - Is There Some Deus ex Machina That Will Solve The Fed's Inflation Problem In Time For A June Rate Cut By Benjamin Picton of Rabobank Faith, Not Work(er)s US non-farm payrolls, perhaps unsurprisingly, surprised on the upside. Employment growth in March was 303k, versus a consensus estimate of 214k and a revised February print of 270k. There was also...
March Jobs Come In Red-Hot At 303K, Above Highest Esimate As Unemployment Rate Drops
05.04.2024, 14:51 Uhr. ZeroHedge News - https: - March Jobs Come In Red-Hot At 303K, Above Highest Esimate As Unemployment Rate Drops As we wrote in our preview, while big data hinted at a weaker than expected March jobs print, the relentless influx of immigrants would lead to a hotter than expected payrolls number. Payrolls preview: big data hints at weaker number but relentless surge in immigration...
Payment Processor Stripe Backs Off Dr. Malone After Legal Threat
30.03.2024, 23:41 Uhr. ZeroHedge News - https: - Payment Processor Stripe Backs Off Dr. Malone After Legal Threat Authored by Zachary Stieber via The Epoch Times (emphasis ours), Stripe, the only payment processor Substack writers can use, has backed off a demand that Dr. Robert Malone link his bank account, according to the law firm Dr. Malone retained. Dr. Robert Malone in Washington, on June 29...
Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000
28.03.2024, 20:46 Uhr. ZeroHedge News - https: - Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000 The first red flags emerged in the summer of 2022: that's when the Biden Labor Department started well and truly rigging the labor market data. Regular readers may recall that it was back in July of 2022, when we first warned them that something had snapped in the labor market: that's...
Pending Home Sales Hover Near Record Lows In February
28.03.2024, 15:07 Uhr. ZeroHedge News - https: - Pending Home Sales Hover Near Record Lows In February After puking in January, pending home sales were expected to rebound modestly (+1.5% MoM) in February and it did (+1.6% MoM) with a small upward revision for Jan (from -4.9% to -4.7% MoM). However, this still left sales down 2.2% YoY... Source: Bloomberg That leaves pending home sales hovering just...
FInal Q4 2023 GDP Revision Comes In Red Hot 3.4%, Beating Estimates
28.03.2024, 14:05 Uhr. ZeroHedge News - https: - FInal Q4 2023 GDP Revision Comes In Red Hot 3.4%, Beating Estimates It's ancient history by now, but moments ago the Biden Bureau of Economic Goalseeking Analysis reported that in its third estimate of Q4 GDP, the US was estimated to have grown by 3.4% (3.440% to be precise), above the 3.2% reported last month and above the 3.2% estimate. The increase...
US, Japan To Initiate Huge Defense Treaty Upgrade With Eye On China
27.03.2024, 23:41 Uhr. ZeroHedge News - https: - US, Japan To Initiate Huge Defense Treaty Upgrade With Eye On China The United States and Japan are poised to unveil their largest defense treaty revision in decades. The FT has reported that President Joe Biden and Japanese Prime Minister Fumio Kishida are soon to "announce plans to reorganize the U.S. armed forces in Japan to strengthen the development...
Key Events This Week: Core PCE Released When Markets Are Closed
25.03.2024, 14:45 Uhr. ZeroHedge News - https: - Key Events This Week: Core PCE Released When Markets Are Closed After last week's central bank fireworks, the most exciting event of the otherwise quiet and holiday-shortened week will happen once markets are actually closed for the month and Q1 is done and dusted in performance terms: as DB's Jim Reid reminds us, the monthly US personal income and...
Futures Slump, Dragged By Semis As Global Chip War Escalates
25.03.2024, 13:41 Uhr. ZeroHedge News - https: - Futures Slump, Dragged By Semis As Global Chip War Escalates Futs are lower following the S&P's best weekly performance of the year (sparked by dovish comments by Fed chair Powell during the last FOMC) which sent the market up +2.3%. At 7:50am, S&P futures were 0.4% lower and Nasdaq futures dropped 0.6%, dragged by MegaCap tech names which were mostly...
Continuing Jobless Claims Revised Down For 20th Straight Week...
21.03.2024, 13:39 Uhr. ZeroHedge News - https: - Continuing Jobless Claims Revised Down For 20th Straight Week... As a reminder, in the real world labor market, 2024 has been a shitshow of layoffs... 1. Everybuddy: 100% of workforce 2. Wisense: 100% of workforce 3. CodeSee: 100% of workforce 4. Twig: 100% of workforce 5. Twitch: 35% of workforce 6. Roomba: 31% of workforce 7. Bumble: 30% of workforce...
Treasuries Unlikely To Sell Off Even On Hawkish Fed
20.03.2024, 17:25 Uhr. ZeroHedge News - https: - Treasuries Unlikely To Sell Off Even On Hawkish Fed By Ven Ram, Bloomberg Markets Live reporter and strategist The intensity of the selloff in Treasuries may have peaked before this week’s meeting of the Federal Reserve. That means any further increase in yields is likely to be measured, while a dovish dot plot would provoke a tactical short-term...
Credit Markets May Be More Sensitive To Fed Dot-Plot Than Rates
20.03.2024, 13:06 Uhr. ZeroHedge News - https: - Credit Markets May Be More Sensitive To Fed Dot-Plot Than Rates Authored by Ven Ram, Bloomberg cross-asset strategist, The Federal Reserve may be the biggest game in town, but someone forgot to tell credit and stock markets. Treasuries slumped over the past two weeks as concerns grew about potential dot-plot shifts, but credit investors paint a picture...
US Industrial Production Sees More Downward Revisions (You Can't Make This Up)
15.03.2024, 14:36 Uhr. ZeroHedge News - https: - US Industrial Production Sees More Downward Revisions (You Can't Make This Up) Another day, another downward-ly revised dataset... In today's episode of 'shit you believed in the past is not real at all', US Industrial Production in January was revised from a 0.1% decline to 0.5% decline. That is the 10th monthly revision lower in the last 11 months...
Jobless Claims Data Goes From The Sublime To The Ridiculous!!
14.03.2024, 14:05 Uhr. ZeroHedge News - https: - Jobless Claims Data Goes From The Sublime To The Ridiculous!! As a reminder, in the real world labor market, 2024 has been a shitshow of layoffs... 1. Everybuddy: 100% of workforce 2. Wisense: 100% of workforce 3. CodeSee: 100% of workforce 4. Twig: 100% of workforce 5. Twitch: 35% of workforce 6. Roomba: 31% of workforce 7. Bumble: 30% of workforce...
Peter Schiff: Biden Ignores Fiscal Time Bomb
13.03.2024, 19:29 Uhr. ZeroHedge News - https: - Peter Schiff: Biden Ignores Fiscal Time Bomb Via SchiffGold.com, On Sunday, Peter recapped a stellar week for gold. He also provided an analysis of President Biden’s State of the Union Address and criticized Fed Chair Jerome Powell’s perspective on the economy. Both gold and bitcoin hit records last week, with gold nearly topping $2200/oz and...
Euro Slides After ECB Cuts 2025 Inflation Forecast To 2.0% Target
07.03.2024, 14:45 Uhr. ZeroHedge News - https: - Euro Slides After ECB Cuts 2025 Inflation Forecast To 2.0% Target As previewed earlier, there were no notable surprises in the ECB's announcement, which kept all three key rates unchanged (Marginal Lending 4.75% Refinancing 4.5%, Deposit 4.0%). More importantly, while some were expecting the ECB to change its guidance, it did not keeping the language...
Pending Home Sales Puked In January, Back Near Record Lows
29.02.2024, 16:14 Uhr. ZeroHedge News - https: - Pending Home Sales Puked In January, Back Near Record Lows Pending home sales puked in January, tumbling 4.9% MoM (vs +1.5% MoM exp). This was made worse by a large downward revision for December (from +8.3% MoM to +5.7% MoM)... Source: Bloomberg That was the biggest MoM decline since August and dragged the YoY sales decline to -6.82%, tumbling back...
US GDP "Grew" $334 Billion In Q4... That Growth Cost $834 Billion In Debt
28.02.2024, 15:39 Uhr. ZeroHedge News - https: - US GDP "Grew" $334 Billion In Q4... That Growth Cost $834 Billion In Debt Moments ago, two things happened: Biden's Bureau of Economic Analysis released the first revision of Q4 2023 GDP, a number which is completely irrelevant as it looks at the state of the US economy more than 2 months ago as the calendar is now just weeks away from the start of...
Future Slide As Hawkish Fed Concerns Return
28.02.2024, 14:17 Uhr. ZeroHedge News - https: - Future Slide As Hawkish Fed Concerns Return US stock futures slumped, pointing to a weak open on Wall Street with both Tech and small-caps underperforming, as traders braced for today's revised GDP print and tomorrow's core PCE report which whisper sees coming in hotter than expected and may further push back on expectations for rate cuts. As of 7:50am...
WTF Is Going On With The Conference Board's Consumer Confidence Data?
27.02.2024, 16:22 Uhr. ZeroHedge News - https: - WTF Is Going On With The Conference Board's Consumer Confidence Data? After rebounding strongly from November to January, US Consumer Confidence tumbled in February, according to the latest survey from The Conference Board, beating expectations across the board. Consumer confidence fell to 106.7 (estimate 115.0) in February from revised 110.9 in January...
US New Home Sales Disappoint In January, Prices Hit 2 Year Lows As Supply Jumps
26.02.2024, 16:14 Uhr. ZeroHedge News - https: - US New Home Sales Disappoint In January, Prices Hit 2 Year Lows As Supply Jumps New home sales rose in January, but less than expected. After December's 8.0% surprise jump was revised down to +7.2% MoM, January sales rose just 1.5% MoM (half the 3.0% expected). The downward revision and disappointment reduced the YoY sales growth to just 1.8%... Source:...
Key Events This Week: All Eyes On Core PCE Amid Deluge Of Fed Speakers
26.02.2024, 16:04 Uhr. ZeroHedge News - https: - Key Events This Week: All Eyes On Core PCE Amid Deluge Of Fed Speakers After a relatively quiet week on the data front, things start to pick up again even as earnings season comes to a close. In terms of key events, DB's Jim Reid writes that it’s hard to look too far beyond the latest core PCE print on Thursday after the recent strong CPI report and...
The Message This Week From Central Bankers: No Urgency, No Rush
23.02.2024, 16:47 Uhr. ZeroHedge News - https: - The Message This Week From Central Bankers: No Urgency, No Rush By Elwin de Groot, Head of Macro Strategy at Rabobank No urgency, no rush Although global disinflation has made considerable progress and should provide a window for interest rates cuts in the course of this year, central banks are in no hurry to cut. That, in a nutshell, was the key message...
A.I.phoria: Nvidia Blowout Sends US Futures Soaring, Pushes Japan And Europe To New Record Highs
22.02.2024, 14:22 Uhr. ZeroHedge News - https: - A.I.phoria: Nvidia Blowout Sends US Futures Soaring, Pushes Japan And Europe To New Record Highs US equity futures blasted higher, and were set to push US the S&P500 to a new all time high when markets open for trading, matching record highs hit earlier in the session for both Japanese stocks... ... and European bourses... ... boosted by blowout earnings...
The CBO Revised The Cost Of Biden's Energy Policies Up By $466 Billion
22.02.2024, 13:36 Uhr. ZeroHedge News - https: - The CBO Revised The Cost Of Biden's Energy Policies Up By $466 Billion Authored by Mike Shedlock via mishtalk.com, The cost estimate of Biden’s Inflation Reduction Act coupled with EPA mandates, just jumped by $466 billion. The Committee for a Responsible Federal Budget and the latest Congressional Budget Office outlook conclude IRA Energy Provisions...
California Counties Could Be Forced To Pay $300 Million To Cover COVID-Era Program
17.02.2024, 01:00 Uhr. ZeroHedge News - https: - California Counties Could Be Forced To Pay $300 Million To Cover COVID-Era Program Authored by Travis Gillmore via The Epoch Times, With the state and some local governments facing significant budget shortfalls this year, finances could become even tighter after the Federal Emergency Management Agency, better known as FEMA, informed California officials...
Stocks Hit All Time High On "New Era In Productivity And Profitability"... Except, We've All Seen This Before
12.02.2024, 20:20 Uhr. ZeroHedge News - https: - Stocks Hit All Time High On "New Era In Productivity And Profitability"... Except, We've All Seen This Before By Benjamin Picton of Rabobank Authentic Foolishness? Another day, another record for the S&P500. This time the index closed above 5000 for the first time ever and, once again, the gains were mostly driven by the Magnificent Seven tech names...
$2.7 Trillion Buys "Spectacular" GDP
09.02.2024, 17:40 Uhr. ZeroHedge News - https: - $2.7 Trillion Buys "Spectacular" GDP Authored by Peter St.Onge via The Brownstone Institute, Fresh GDP numbers came in and it was a blowout. The kind of blowout that only a $2.7 trillion government deficit can buy while the private economy crumbles around it. Another couple blowout GDP reports like this and Americans will be living under an overpass...
BLS Releases Revised CPI Data: Here's What's In It
09.02.2024, 15:04 Uhr. ZeroHedge News - https: - BLS Releases Revised CPI Data: Here's What's In It As we previewed yesterday, today's most anticipated economic event was the annual revision to the BLS's seasonal adjustment factors used to calculated the seasonally adjusted headline and core CPI data, and while traditionally this is a non-event for the market, with all attention on the trend in CPI...
S&P To Open Above 5000, Set To Make It 14 Weeks Higher Out Of 15, Matching Best Stretch On Record
09.02.2024, 14:23 Uhr. ZeroHedge News - https: - S&P To Open Above 5000, Set To Make It 14 Weeks Higher Out Of 15, Matching Best Stretch On Record US futures ticked higher again on Friday morning ahead of the release of CPI revision data (previewed here), assuring that the S&P 500 cash index will rise above the historic 5,000 level when it breaks for trading. S&P 500 futures traded 0.2% higher as...
Single-Family Housing Starts Exploded Higher In November As Mortgage Rates Tumbled
19.12.2023, 15:04 Uhr. ZeroHedge News - https: - Single-Family Housing Starts Exploded Higher In November As Mortgage Rates Tumbled Despite a small bounce in homebuilder sentiment (and a tumble in mortgage rates), analysts expected housing starts and building permits to decline MoM in November (after unexpectedly rising last month). But the picture was very different - Housing Starts exploded 14.8%...
Key Events This Pre-Holiday Week: BOJ, PCE, Durables And A Some Other B-List Things
18.12.2023, 16:39 Uhr. ZeroHedge News - https: - Key Events This Pre-Holiday Week: BOJ, PCE, Durables And A Some Other B-List Things With all major macro events for 2023 now in the rearview mirror as trading desks empty out and just junior traders staff Wall Street's skeleton crews, the week ahead will be a much quieter one as we move towards Christmas. But central banks will still be in focus as...
US Industrial Production Rebounds In November As Striking Autoworkers Returned To Work
15.12.2023, 15:28 Uhr. ZeroHedge News - https: - US Industrial Production Rebounds In November As Striking Autoworkers Returned To Work US Industrial Production rebounded modestly in November from a drop in October, +0.2% MoM (below the +0.3% MoM exp) after last month';s -0.6% MoM decline was revised even lower to -0.9% MoM. The revision meant that Industrial Production remains down 0.4% YoY... Source:...
IEA Raises Its 2024 Oil Demand Growth Forecast
14.12.2023, 20:41 Uhr. ZeroHedge News - https: - IEA Raises Its 2024 Oil Demand Growth Forecast By Tsvetana Paraskova of OilPrice.com Global oil demand growth is materially slowing down this quarter compared to the third quarter, the International Energy Agency (IEA) said on Thursday, but at the same time, it lifted its 2024 demand growth projection by around 130,000 barrels per day (bpd) from last...
Retail Sales Unexpectedly Surged In November
14.12.2023, 14:41 Uhr. ZeroHedge News - https: - Retail Sales Unexpectedly Surged In November Having surprised to the downside (-0.1% MoM) in October, analysts expected another small decline (-0.1% MoM) for November as the resumption of student loan payments (in October) begins to weigh on the 'resilient' consumer. BofA's omniscient analysts were more optimistic with upside surprises expected, especially...
Dot Plot To Show Fed Less Enthusiastic On Rate Cuts Than Markets
13.12.2023, 17:48 Uhr. ZeroHedge News - https: - Dot Plot To Show Fed Less Enthusiastic On Rate Cuts Than Markets By Ven Ram, Bloomberg Markets Live reporter and strategist For a big Fed day, the one aspect that traders are least riveted on is the decision itself. Given the recent progress on disinflation, the Fed has an ample-enough real policy rate to stand pat, so investors will look beyond the...
Fed Moving Its 2024 Dots Set To Spur Treasury Yields
13.12.2023, 13:20 Uhr. ZeroHedge News - https: - Fed Moving Its 2024 Dots Set To Spur Treasury Yields By Ven Ram, Bloomberg Markets Reporter and strategist The Federal Reserve’s dot plot is likely to push back on the notion of deep rate cuts priced in by the markets for 2024, spurring a selloff in Treasuries. The median of policymakers on Wednesday may show the funds rate for next year at 4.9%,...
Key Events In This Extremely Busy Week: Fed, SNB, BOE, CPI, Retail Sales, Treasury Auctions, China Data Dump
11.12.2023, 16:31 Uhr. ZeroHedge News - https: - Key Events In This Extremely Busy Week: Fed, SNB, BOE, CPI, Retail Sales, Treasury Auctions, China Data Dump Usually the week after US payrolls is pretty quiet on the news and events front, but not this one, because as DB's Jim Reid writes it's hard to see how the week could be much busier given we have the following highlights. Today we get a 3yr and...
California Facing Record $68 Billion Deficit, Potential 'Fiscal Budget Emergency': Legislative Analyst
10.12.2023, 21:10 Uhr. ZeroHedge News - https: - California Facing Record $68 Billion Deficit, Potential 'Fiscal Budget Emergency': Legislative Analyst Authored by Travis Gillmore via The Epoch Times (emphasis ours), Because of a “severe revenue decline,” California is facing a $68 billion budget deficit that could accumulate to more than $155 billion over the next five years, according to the...
Labor Market Implodes: Job Openings Crater, Prior Data Revised Sharply Lower
05.12.2023, 16:38 Uhr. ZeroHedge News - https: - Labor Market Implodes: Job Openings Crater, Prior Data Revised Sharply Lower For months we have been warning that at a time when the US economy is careening into a hard landing recession, the manipulated, seasonally-adjusted, and politically goalseeked job openings data released as part of the DOL's JOLTS report is sheer rubbish (see "US Job Openings...