24.05.23 News

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 […]

24.05.23 News

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 […]

24.05.23 News

‘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 […]

24.05.23 News

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 […]

24.05.23 News

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 […]

24.05.23 News

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 […]

24.05.23 News

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.

24.05.23 News

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 […]

24.05.23 News

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 […]

24.05.23 News

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 […]