Baby Boomers' $76 Trillion Savings Shield US from Recession
According to market expert Ed Yardeni, one group has injected $76 trillion in savings into the economy and are primarily responsible for helping prevent a recession: Baby Boomers. Their increased spending on services like restaurants, travel, and healthcare is boosting payrolls and incomes, countering traditional recession indicators that focus on the goods economy. Yardeni argues […]
Political Shellshocks Loom For Markets
Political Shellshocks Loom For Markets By Michael Every of Rabobank Shellshock Yesterday, the RBNZ held hawkishly and talked about a rate hike, with no cuts seen until end-2025. The UK’s inflation numbers were awful both headline and core, with services CPI at around 6%: yet the BOE evidently wants to cut rates as soon as […]
Boeing Shares Hit Turbulence After CFO Says Q2 Deliveries Will Be Similar To Q1 Amid Regulatory Limbo In China
Boeing Shares Hit Turbulence After CFO Says Q2 Deliveries Will Be Similar To Q1 Amid Regulatory Limbo In China Boeing CFO Brian West confirmed at an industry conference Thursday morning that plane deliveries to China would be delayed due to Chinese regulatory reviews and stated that there would be no increase in second-quarter commercial jet deliveries compared to the first quarter. BOEING DELIVERIES […]
‘Unified Reich’ Hoax One Of The Most Blatantly Dishonest Attacks On Trump Yet
‘Unified Reich’ Hoax One Of The Most Blatantly Dishonest Attacks On Trump Yet With a brand new set of polls showing Donald Trump leading in six of seven swing states, establishment media has stooped to new levels of transparent dishonesty in a desperate effort to derail his campaign. The latest example? An all-out hoax that had […]
Silver to $50? It Could Happen Sooner than You Think
Silver is up roughly 33% year to date, driven by factors like growing industrial demand and its emerging role as a hedge against inflation.
US New Home Sales Tumbled In April Amid Further Downward Revisions…
US New Home Sales Tumbled In April Amid Further Downward Revisions… After unexpectedly surging in March, new home sales plunged 4.7% MoM in April (considerably worse than the 2.2% MoM decline expected). This dragged new home sales down 7.7% YoY… Source: Bloomberg As usual, previous data was revised downwards… Source: Bloomberg With revisions, new home […]
S&P Global Says US Business Activity Is At Its Strongest In Two Years, But…
S&P Global Says US Business Activity Is At Its Strongest In Two Years, But… With both ‘hard’ and ‘soft’ data declining rapidly recently, why should we be surprised that S&P Global’s preliminary PMI prints for May would suddenly surge, with manufacturing back into expansion? Flash US Services Business Activity Index at 54.8 (April: 51.3). 12-month […]
Biden Goes All-In With War On Coal
Biden Goes All-In With War On Coal Authored by American Coal Council CEO Emily Arthun, via RealClearEnergy, The Biden administration’s war on coal came out of the shadows recently, with the release of a new series of regulations that have the clear intent of locking up millions of acres of federal land from coal mining […]
Watch: Cruz, Kennedy Destroy Biden Judge For Placing ‘6 Foot 2 Serial Child Rapist’ In Women’s Prison
Watch: Cruz, Kennedy Destroy Biden Judge For Placing ‘6 Foot 2 Serial Child Rapist’ In Women’s Prison Sens. Ted Cruz (R-TX) and John Kennedy (R-LA) eviscerated a Biden judicial nominee on Wednesday over her 2022 recommendation that a transgender serial rapist, William McClain (aka July Justine Shelby) be housed in a women’s prison despite previous […]
Dutch Lawyer Faces Prosecution For Social Media Post Slamming Mass Migration
Dutch Lawyer Faces Prosecution For Social Media Post Slamming Mass Migration Authored by Paul Joseph Watson via Modernity.news, A Dutch conservative female lawyer is being prosecuted on charges of “racism” and “inciting hatred” after she expressed fury over mass migration in response to a viral video showing a white boy being beaten up and thrown […]