Taxpayer Costs Skyrocket As Two-Thirds Of Jobless Benefit Recipients In Germany Are Migrants
Taxpayer Costs Skyrocket As Two-Thirds Of Jobless Benefit Recipients In Germany Are Migrants Authored by Thomas Brooke via ReMix News, Nearly two-thirds of German residents receiving unemployment benefits have a migration background, new figures from the Federal Employment Agency have revealed. The statistics published by the federal agency and cited by the Die Welt broadsheet showed that […]
EU Members Will Have To Arrest Netanyahu After ICC Warrant: Borrell
EU Members Will Have To Arrest Netanyahu After ICC Warrant: Borrell Will Israel eventually come up with its own Hague Invasion Act? EU foreign policy chief Josep Borrell on Tuesday commented on the International Criminal Court (ICC) issuing arrest warrants for top Israeli officials over alleged war crimes in Gaza. He stressed in the statement that […]
Blowback In The African Coup Belt
Blowback In The African Coup Belt Authored by Marcel Dumas Gautreau via The Mises Institute, Starting in 2020, things started to get strange in Africa for those who knew what to look for. Normally, coups in Africa are nothing to write about. But starting in 2020, we saw six countries flip into a pro-Russian direction in just […]
It’s Eerily Calm Out There Before Nvidia Earnings
It’s Eerily Calm Out There Before Nvidia Earnings By Michael Msika, Bloomberg Markets Live reporter and strategist Falling volumes, crushed volatilities and record highs, equity markets seem to price nothing but a rosy outlook. While much has gone right for investors this year, some risks can’t be ignored and deserve attention. It seems no one wants […]
Target Shares Tumble After Retailer Reports ‘Caution’ About Weak Consumer
Target Shares Tumble After Retailer Reports ‘Caution’ About Weak Consumer Target’s shares slumped in premarket trading in New York after the retailer’s comparable sales missed Wall Street’s consensus estimates for the quarter that ended May 4. This comes as Goldman analysts have warned about faltering low-income consumers in the era of failed Bidenomics. Comparable sales—those from stores […]
Futures Drop, Yields Jump On Red-Hot UK Inflation, Nvidia Earnings On Deck
Futures Drop, Yields Jump On Red-Hot UK Inflation, Nvidia Earnings On Deck US futures are lower on Nvidia day; with the stock down 56bps in premarket trading, while Mag7 and semis are also all lower pre-mkt. As of 7:20am, S&P futures are down 0.1%, just off session lows amid signs of sticky inflation that dampened […]
China Slaps Boeing, Lockheed, Raytheon With Sanctions Over Arms Sales To Taiwan
China Slaps Boeing, Lockheed, Raytheon With Sanctions Over Arms Sales To Taiwan It has been a turbulent week for Sino-US relations. Beijing criticized US Secretary of State Antony Blinken over his support for Taiwan’s new president, and the Chinese Ministry of Foreign Affairs (MOFA) imposed sanctions on US defense firms over Taiwan support. President Lai Ching-te was […]
Tech Poised To Be Commodity’s Friend And Disinflation’s Nemesis
Tech Poised To Be Commodity’s Friend And Disinflation’s Nemesis Authored by Simon Black, Bloomberg macro strategist, Increasing power and raw-material demand from new technology such as generative AI and EVs is likely to be a secular tailwind for commodities and thus an impediment to a return to a low-and-stable inflation regime. Energy stocks are likely […]
Pandemic Winners Struggle In The Post-Pandemic World
Pandemic Winners Struggle In The Post-Pandemic World Zoom Video Communications, the company that rose to fame during the early days of the pandemic, reported earnings for the first quarter of its fiscal year 2025 on Monday, narrowly beating analyst expectations but disappointing investors with its short-term outlook. Adjusted earnings per share were up 16 percent […]
Federal Reserve Adopts Scenario Analysis as Inflation Fight Wavers
Federal Reserve Chair Jerome Powell and other officials have shifted from providing explicit guidance on interest rate cuts to discussing various economic scenarios amid growing uncertainty in their effort to control inflation. This change highlights the Fed’s current unpredictability and focuses on different potential economic outcomes rather than detailed projections. This “scenario analysis” approach is […]