Are You Ready For A Real Recession?
Are You Ready For A Real Recession? Authored by Charles Hugh Smith via OfTwoMinds blog, In a real recession, what seemed safe and rock-solid melts into air. We haven't had…
It’s “Obvious” There Will Be “No Victory For The Poor Ukrainians”: Viktor Orban
It's "Obvious" There Will Be "No Victory For The Poor Ukrainians": Viktor Orban Hungarian Prime Minister Viktor Orban has once again spoken the quiet part out loud, as he continues…
Trump’s Truth Social Sues Washington Post For Over $3 Billion
Trump's Truth Social Sues Washington Post For Over $3 Billion Authored by Tom Ozimek via The Epoch Times (emphasis ours), Former President Donald Trump’s social media company has sued Jeff…
TikToker Who Filmed Himself Committing Crimes For Clout Says Outrage Is Only Because He’s A “Black Male”
TikToker Who Filmed Himself Committing Crimes For Clout Says Outrage Is Only Because He’s A "Black Male" Authored by Paul Joseph Watson via Summit News, A TikToker who filmed himself…
German Investigators Find Nord Stream Evidence Points To Ukraine
German Investigators Find Nord Stream Evidence Points To Ukraine Seven months after explosions severed three of Russia's four Nord Stream gas pipelines in the Baltic Sea, German investigators are now…
10-Year Yield Seeking Higher Ground On Technical Breakout
10-Year Yield Seeking Higher Ground On Technical Breakout By Akshay Chinchalkar, Bloomberg Markets Live reporter and strategist The recent breakout in the US 10-year yield may have 4% within its…
Regional Fed Surveys Signal Slump, Buck PMI Bounce
Regional Fed Surveys Signal Slump, Buck PMI Bounce The Philly Fed's Services index was in contractionary territory for the 9th month of the last 10 in May (-16.0), but very…
New Home Sales Unexpectedly Surged In April As Builders Slashed Prices
New Home Sales Unexpectedly Surged In April As Builders Slashed Prices After existing home sales declined in April (and mortgage rates rebounded notably), expectations are for the incentive-driven surge in…
US Services PMI Soars To 13-Mo Highs, Manufacturing Tumbles Back Into Contraction
US Services PMI Soars To 13-Mo Highs, Manufacturing Tumbles Back Into Contraction After an ugly wave of manufacturing PMIs across the euro-zone (and UK), preliminary US PMIs for May were…
GOP, White House Remain ‘Far Apart’ On Debt Deal, Treasury Asks Agencies About Delayed Payments
GOP, White House Remain 'Far Apart' On Debt Deal, Treasury Asks Agencies About Delayed Payments The White House and GOP negotiators plan to meet again on Tuesday at 11 a.m.…
Apple Signs Multibillion Dollar Deal With Broadcom For “Made In USA” 5G Parts
Apple Signs Multibillion Dollar Deal With Broadcom For "Made In USA" 5G Parts Apple has signed a new multiyear, multibillion-dollar deal with Broadcom to develop 5G radio frequency components, Bloomberg…
Consumer Weakness Confirmed: All Consumer Companies Missed On Comps Today And Spoke To Slowdown In Spending
Consumer Weakness Confirmed: All Consumer Companies Missed On Comps Today And Spoke To Slowdown In Spending From Goldman Consumer-focused trader Scott Feiler A lot of Maybe’s: Maybe some of the…
A.I., Narrow Markets, And The New T.I.N.A.
A.I., Narrow Markets, And The New T.I.N.A. Authored by Lance Roberts via RealInvestmentAdvice.com, The A.I. chase is making for a very narrow market. As Bob Farrell once quipped: “Markets are…
TikTok Will Provide Oracle “Full Access” To Source Code, Algo In Bid To Stay In US
TikTok Will Provide Oracle "Full Access" To Source Code, Algo In Bid To Stay In US Banned in Montana and facing unfavorable legislation in other states and Capitol Hill, Chinese-owned…
A Debt Ceiling Deal Is Near-Term Risk For Stocks
A Debt Ceiling Deal Is Near-Term Risk For Stocks Authored by Simon White, Bloomberg macro strategist, Far from being a risk-on stimulus, a debt-ceiling resolution will expose stocks to a…
Futures Slide As Debt Ceiling Talks Enter 11th Hour, European PMIs Crumble
Futures Slide As Debt Ceiling Talks Enter 11th Hour, European PMIs Crumble US equity futures are lower, as treasuries also dropped across the curve, with the two-year yield rising for…
Euro, Cable Tumble After Ugly PMIs; Manufacturing Weakest Since COVID Lockdowns
Euro, Cable Tumble After Ugly PMIs; Manufacturing Weakest Since COVID Lockdowns The Euro area composite flash PMI dropped 0.8 to 53.3, below consensus expectations. The decrease in the composite index…
Peter Schiff: The Fed Is Losing The Inflation Fight
Peter Schiff: The Fed Is Losing The Inflation Fight Via SchiffGold.com, We saw a big selloff in the gold market last week and the price dropped below $2,000 an ounce.…
Saudi Energy Minister Warns Oil Bears To “Watch Out”
Saudi Energy Minister Warns Oil Bears To "Watch Out" Bearish speculators were warned Tuesday morning by Saudi Arabia's top energy official to "watch out," a little more than one week…
Kunstler: Fade To Black In Ukraine
Kunstler: Fade To Black In Ukraine Authored by Jim Kunstler via Kunstler.com, “Following the ouster of Mr. Trump in 2020, this new-new-left had exactly what it had been clamoring for,…
Millions In Mexico Told To Prepare For Evacuation As Volcano Ejects Ash
Millions In Mexico Told To Prepare For Evacuation As Volcano Ejects Ash Millions of people have been warned to prepare for a possible evacuation after Mexico raised its alert level…
Iraq Oil Output Continues To Fall Amid Turkey Spat
Iraq Oil Output Continues To Fall Amid Turkey Spat By Alex Kimani of OilPrice.com Oil production in Iraq’s semi-autonomous Kurdistan Regional Government (KRG)-ruled region has continued to drop, extending a…
Biden Admin Issues Rare Rebuke Of Israel Over West Bank Settlement
Biden Admin Issues Rare Rebuke Of Israel Over West Bank Settlement Via The Cradle, The US criticized Israel’s recent decision to allow Jewish settlers to establish a settlement around the…
Africa’s First Test Run For A CBDC has Failed
Africa's First Test Run For A CBDC has Failed Authored by Martin Armstrong via ArmstrongEconomics.com, The transition to CBDC in Nigeria did not go as planned. The elites always seek…