Independent thinking for complex markets and current events
(FT) Donald Trump’s new administration will revive its “maximum pressure” policy to “bankrupt” Iran’s ability to fund regional proxies and develop nuclear weapons, according to people familiar with the transition. Trump’s foreign policy team will seek to ratchet up sanctions on Tehran, including vital oil exports, as soon as the president-elect re-enters the White House …
by confoundedinterest17 The US is the expensive tower of power … but it should be cheap. Getting rid of coal power was idiotic and The Left’s fear of nuclear power is laughable. EIA data by user classification, chart by Mish. Rising energy bills have forced companies to scale back industrial operations, threatening a greater drag on the economy. …
Investors are underestimating just how behind the curve China is in stimulating its economy. Looking at the chart below, it is clear that a 5% of GDP stimulus package is the minimum needed just to prevent growth from weakening further. Investors are underestimating just how behind the curve China is in stimulating its economy. Looking …
4/ The financial pressure on consumers is evident in the increasing number of defaults Consumer defaults is now climbing at the fastest pace since 2007 While still below 2007 peaks, if current trends persist, we could hit 2008 levels H1 2025 pic.twitter.com/K1j77j1n8L — Bravos Research (@bravosresearch) September 24, 2024 ShopperTrak same-store retail traffic is a …
Prime Minister Justin Trudeau’s Liberal Party has lost a Parliament seat it had held for decades in a special election in Montreal, a devastating defeat that is likely to increase pressure on Canada’s deeply unpopular leader to resign. The Bloc Québécois, a national party that supports independence for Quebec, narrowly won the race that was …
More Stories on @VigilantNews: Streamer with Nearly 30 Million Followers Melts Down After Getting Harassed by Kamala Harris’ Campaign https://t.co/tUwf1SR7qc — The Vigilant Fox 🦊 (@VigilantFox) August 7, 2024 While recently speaking to a group of Republican voters, Vivek Ramaswamy suggested that the election is about more than running against Kamala Harris and Tim Walz. …
The “pain trade” is back… That means for traders it's a good time to consider smaller position sizing, wider stops and much more discerning execution. – Smaller size to reduce total exposure – Wider stops to account for illiquid, volatile trading conditions – Discerning execution to limit overtrading — Markets & Mayhem (@Mayhem4Markets) August 6, …
Democrats on Friday urged the nation’s central bank to cut interest rates now as the unemployment rate surged. The unemployment rate jumped to 4.3 percent and employers added 114,000 workers to their payrolls in July, a significant miss from economists’ 180,000 expected jobs estimate. As Breitbart News Economics Editor John Carney noted, the significant jump in …
The latest inflation report says we’re still 50% over the Fed’s target. Is that really close enough? Will inflation disappear by itself? Why is Jerome Powell so close to giving up the inflation fight? From Peter Reagan at Birch Gold Group | Reading time: 3 minutes Morgan Stanley thinks the Federal Reserve could start cutting rates as early as …
At least 40 high-risk Chinese banks have been lost to mergers in the first six months of this year alone as local lenders buckle under exposure to debts, according to reports. Small and medium-sized banks, long an integral part of poor towns and villages, numbered 1,636 at the end of last year, according to government …
In a startling revelation, tech giants Facebook, YouTube, and Amazon have admitted succumbing to government pressure, igniting fears of a chilling effect on free speech online. The implications of this admission are profound, raising concerns about the erosion of digital liberties in the digital age. If it’s getting worse, we could see a potential escalation …
Unbelievable loose financial conditions in Europe! pic.twitter.com/2ZRYhY63Ov — The Macro Guy (@SagarSinghSetia) April 9, 2024 Credit impulse in the euro area stabilizes, easing pressure to cut rates. via Bloomberg pic.twitter.com/OQcF42Bzk4 — Daniel Lacalle (@dlacalle_IA) April 9, 2024
China Maintains Yuan Defense After Currency Nears Red Line (Bloomberg) — China stuck to a pattern of keeping yuan weakness contained as pressure from a resilient dollar and poor investor sentiment pushes it toward a policy red line. The People’s Bank of China kept its daily reference rate for the managed currency broadly unchanged, implying …
Spain: Judge orders Telegram to be blocked nationwide Media companies claim Telegram is allowing users to upload their content without permission. A Spanish court has now ordered for the platform to be suspended as a "precautionary measure." The use of the messaging application… pic.twitter.com/YLIfObWxCI — Jim Ferguson (@JimFergusonUK) March 25, 2024 This move by the …
NEW: The EU is set to better protect journalists from political pressure and surveillance under an unprecedented media freedom law approved by the European Parliament on Wednesday.https://t.co/uckGoMHyYZ — Insider Paper (@TheInsiderPaper) March 13, 2024 The EU is set to better protect journalists from political pressure and surveillance under an unprecedented media freedom law approved by …
AP: Russia's economy is growing despite Western pressure After more than two years of the special operation in Ukraine, little has changed economically for most Russians. And this despite large-scale sanctions that have seriously limited Moscow’s trade with Europe, the United… pic.twitter.com/6HPQ1aUAQv — Sprinter Press (@SprinterPress) March 12, 2024 https://apnews.com/article/russia-economy-putin-election-ukraine-97a5f92113e54cd9af0aa31778069a3e An interesting graph from Sky …
March is bringing more than just the promise of spring; it’s also delivering a dose of economic tension as regional banks find themselves in a pressure cooker. High-interest rates coupled with challenges in the commercial real estate market have set the stage for a financial storm, and the expiration of a short-term federal loan program …
Western leaders are hoping a round of meetings at a security conference in Munich will put overwhelming pressure on Israel not to press ahead with a ground offensive in Rafah. Almost all the key figures, save the Iranian foreign minister, Hossein Amir-Abdollahian, will be present in Munich on Friday, including foreign ministers from Saudi Arabia, …
(Bloomberg) — Federal Reserve Chair Jerome Powell will appear on CBS News’s 60 Minutes this Sunday and will discuss inflation risks, expected rate cuts and the banking system, among other topics, the network said. CBS announced his appearance on the social media platform X on Thursday, the same day that the interview was conducted. Powell …
This diving bell boat has a giant boom on the back that allows it to lower an entire pressurized room to the bottom of a river. Using high air pressure, all water is pushed out of the room so 3-4 people can stay at the bottom of the river to retrieve artifacts or do research. …
China is reportedly maintaining a constant military presence around Taiwan, with four warships strategically deployed in various directions. These actions, as reported by the Japanese newspaper Yomiuri Shimbun on Monday, citing official sources, have brought to attention the security situation around Taiwan, which remains in flux. Taiwan’s Ministry of Defense said on Saturday that the …
ASHINGTON — The Biden administration is discussing using weaponry sales to Israel as leverage to convince the government of Prime Minister Benjamin Netanyahu to heed longstanding U.S. calls to scale back its military assault in the Gaza Strip, according to three current U.S. officials and one former U.S. official familiar with the discussions. At the …
https://twitter.com/ChuckCallesto/status/1745880717119156501 Fox News CANCELS Mike Lindell… No MORE MyPillow On FOX…. https://twitter.com/ChuckCallesto/status…3380535543 https://www.mypillow.com/thanks45 https://www.newsweek.com/mike-lindell-fo…20news.%22 https://www.thedailybeast.com/fox-news-k…o-the-curb https://www.mediamatters.org/mike-lindel…pillow-ads
A reminder that an unprecedented $8.2T of Treasuries will be maturing in 2024. More importantly: If yields continue to fall, given the recent criticism for not issuing enough long-term Treasuries at historically low interest rates, Janet Yellen might face significant political… pic.twitter.com/eudnTHfYTi — Otavio (Tavi) Costa (@TaviCosta) December 31, 2023 Currencies are the heartbeat of …
🌍 Global Supply Chain Pressure Index rising. “Two continental shipping passages, the Suez and Panama canals, are suffering from obstructions to trade traffic.” Not good for short-term goods #inflation. H/t: @FinancialTimes pic.twitter.com/FBwiN1DIF1 — Alex Joosten (@joosteninvestor) December 21, 2023 🇨🇳 China Bans Exports of Some Rare-Earth Processing Technologies China accounted for more than two thirds …
by Chris Black Last Friday the Secured Overnight Financing Rate (SOFR), a repo rate serving as the Fed’s new target reference rate , jumped 6 basis points (6 bps, 0.06) to above the Fed’s target range. SOFR measures (https://www.newyorkfed.org/markets/reference-rates/sofr) the median cost of Treasury repo borrowing. The jump not only caught most people off guard, …
via YAHOO: Germany and the US will put pressure on Ukraine to negotiate with Russia by scaling back weapons deliveries in what would be a major blow to Kyiv’s hopes of victory, German media reported on Friday. Bild, a German tabloid, reported what it described as a “secret” German-American plan to force Ukraine’s hand on …
As Sam Bankman-Fried took the stand on Thursday, a crowded galley of onlookers saw firsthand why defendants typically do not testify at their own criminal trials, with prosecutors eviscerating the disgraced crypto founder during an hours-long cross-examination without jurors present. Bankman-Fried’s lawyers first indicated at a teleconference call on Wednesday that their client would testify …
This is the most PATHETIC administration in US history. COUNTLESS AMERICANS ARE DEAD and being held hostage by TERRORISTS, yet Joe Biden is having BBQs and TAKING OFF TWO DAYS IN A ROW??! If you can’t handle the pressure of the presidency, Joe, IT’S TIME TO RESIGN. pic.twitter.com/TUkpVxjbQI — Nick Sortor (@nicksortor) October 9, 2023 …
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