If CEOs Are Right, Things Can Only Get Better For US Earnings’ But…
If CEOs Are Right, Things Can Only Get Better For US Earnings’ But… Authored by Simon White, Bloomberg macro strategist, After Nvidia’s earnings beat on Wednesday, rising CEO confidence points to a general increase in US earnings growth. How long it lasts, though, depends on how much more the economic cycle has left in the tank. […]
CNN Sees Lowest Primetime Ratings In Three Decades
CNN Sees Lowest Primetime Ratings In Three Decades Authored by Eric Lundrum via American Greatness, The cable news channel CNN has suffered its lowest primetime ratings since 1991, in yet another indication that traditional television news coverage, as well as increasingly left-wing media, has taken a massive hit to its viewership in recent years. As […]
$7.7 Billion in Student Debt Canceled for 160,500 Borrowers Under New Biden Plan
The Biden administration announced the cancellation of $7.7 billion in student debt for 160,500 borrowers, focusing on public servants and participants in the new SAVE repayment program. This effort is part of a broader initiative to provide relief after the Supreme Court blocked a previous loan forgiveness plan, bringing the total forgiven to $167 billion […]
Inflation Erodes Trust in Major Consumer Brands
Public dissatisfaction with inflation is impacting the reputation of major consumer brands like Walmart, McDonald’s, and Amazon. Despite price increases slowing, their effects linger, causing declines in trust scores for various industries, including clothing, quick-service restaurants, and grocers, as reported by the Axios Harris Poll 100. The phenomena of sticker price hikes and “shrinkflation” have […]
The Great Pandemic Walkback
The Great Pandemic Walkback Authored by Jeffrey Tucker via The Epoch Times, The pattern is now clearly established. Major figures in and around the pandemic response are slowly walking back all the major claims surrounding the global compulsory regime that ruled life for two and a half years. And each statement is pointing to the […]
TD Bank Fires More Than A Dozen After Anti-Money-Laundering Failings, Says Report
TD Bank Fires More Than A Dozen After Anti-Money-Laundering Failings, Says Report The anti-money-laundering scandal at Toronto-Dominion Bank, currently under investigation by the US Justice Department, has sparked an internal reorganization at the Canadian bank, leading to the termination of over a dozen employees. According to a report from the Wall Street Journal, citing a source […]
US Treasuries Lose Edge Over Gold as Safe-Haven Investment
For decades, US Treasuries have outperformed gold as a safe investment. However, this trend is shifting due to growing debt concerns. While bonds have traditionally been favored for their steady income and backing by the US economy, recent years have seen declining returns, with the Bloomberg Treasury Total Return Index dropping 11% from its 2020 […]
Copper Prices Stabilize After Sharp Decline Amid Inflation Concerns
Copper prices stabilized after experiencing their biggest drop in nearly two years. The decline followed an all-time high of over $11,000 per ton, driven by profit-taking and reduced demand from Chinese factories unwilling to pay record prices. The drop was also influenced by hawkish comments from Federal Reserve officials regarding inflation. Despite this, China’s commitment […]
Ranking Trump’s Vice-Presidential Options
Ranking Trump’s Vice-Presidential Options Authored by Sean Trende via RealClearPolitics, Playing the Veepstakes guessing game is often a losing one for analysts. Vice-presidential selection is ultimately a highly personal choice, and it is simply too difficult to venture into the mind of one individual and mimic their thought process. Perhaps more importantly, Republican presidential nominees […]
Vaccine Stocks Erupt After Bird Flu Cases Reported In US & Australia
Vaccine Stocks Erupt After Bird Flu Cases Reported In US & Australia Shares of vaccine companies surged on Wednesday following two reports of human bird flu infections, one in the US and another in Australia. The federal government is closely monitoring the rising risk of human-to-human transmission, which has yet to be seen. On Wednesday, […]