Chicago PMI Unexpectedly Craters To Depression Levels
Chicago PMI Unexpectedly Craters To Depression Levels After unexpectedly slumping last month to 37.9, the Chicago PMI index cratered even more unexpectedly in May, when it defied hopes of a rebound to 41.5, and instead tumbled even more, sliding to a cycle low of 35.4 which was not only below the lowest estimate, but was […]
Kremlin: NATO Weapons To Be Hit In Any Country From Where Russia May Be Attacked
Kremlin: NATO Weapons To Be Hit In Any Country From Where Russia May Be Attacked Predictably, the Kremlin is fuming at widespread reports that the Biden administration has made a U-turn on its policy which previously prohibited Ukraine from attack Russian soil with US-supplied weaponry. Former Russian president and current Security Council Deputy Chairman Dmitry […]
Core PCE Grows At Slowest Pace In Three Years After Lowest Monthly Increase Of 2024, Spending Drops
Core PCE Grows At Slowest Pace In Three Years After Lowest Monthly Increase Of 2024, Spending Drops After a somewhat weaker than expected CPI print two weeks ago, and with inflation data generally surprising modestly to the downside… … the doves’ last chance for “sooner than later” rate-cuts is today’s Core PCE Deflator – often […]
These Black And Hispanic Biden Voters Plan To Vote For Trump
These Black And Hispanic Biden Voters Plan To Vote For Trump Authored by Beth Brelje, Lawrence Wilson, T.J. Muscaro, Nathan Worcester via The Epoch Times, (Illustration by The Epoch Times, Madalina Vasiliu/The Epoch Times, Cher Lynne Photography for The Epoch Times, When Wender Angeles arrived in the United States from Peru in 2006, he registered […]
Houthi Rebels Claim Missile Attack On US Nuclear-Powered Carrier; DoD Official Says This Is “False Info”
Houthi Rebels Claim Missile Attack On US Nuclear-Powered Carrier; DoD Official Says This Is “False Info” Update: Politico’s Lara Seligman quotes an unnamed Department of Defense official who tells her the Houthi’s claim about a missile attack on the USS Dwight D. Eisenhower in the Red Sea is “false information — there was no hit on the Ike […]
Beware The Embrace Of TradFi Firms Now Entering Crypto
Beware The Embrace Of TradFi Firms Now Entering Crypto Authored by Omid Malekan, News that a bank or payment provider is doing something in crypto used to be a big deal. When I first entered crypto a decade ago, it was often the biggest deal. One of the first major spikes in the price of ETH was […]
10 Million Illegals Later, Biden To Use Executive Orders To Fix His F-Up: Report
10 Million Illegals Later, Biden To Use Executive Orders To Fix His F-Up: Report After President Joe Biden shredded Donald Trump’s Executive Orders on border security his first day in office, resulting in a staggering 10 million illegals pouring into the United States, the White House is reportedly on the verge of implementing new executive […]
“I Just Donated $300k To Trump”
“I Just Donated $300k To Trump” Authored by Shaun Maguire via X I just donated $300k to Trump. I’m prepared to lose friends. Here’s why. Back in 2016 I had drunk the media Kool-Aid and was scared out of my mind about Trump. As such I donated to Hilary Clinton’s campaign and voted for her. […]
Market Goes Into PCE With Almost Everyone Neutral Bonds
Market Goes Into PCE With Almost Everyone Neutral Bonds By Simon White, Bloomberg markets live reporter and strategist Positioning across most indicators shows investors are fairly neutral USTs going into today’s PCE release. The market is still slightly short, however, which points to more downside risk for yields should PCE come in lower than expectations. […]
Futures Dip On Disappointing Tech Results As Markets Brush Off Trump Verdict
Futures Dip On Disappointing Tech Results As Markets Brush Off Trump Verdict Futs are slightly lower as bond yields rise after European inflation prints came in stronger than expected and PCE looms. As of 7:30am S&P futures are down -0.2%, off the worst levels of the session; Nasdaq futures slumped 0.5% as last night’s latest […]