“We’ve already turned it around,”
“BNPL essentially lets people dig a deeper and deeper hole of credit, which will be harder and harder to climb out of”
They also want "the same housing support that has been offered to others..."
Stocks and bonds are rising together at the moment, but the flipside of that positive correlation is that they can fall together too...
So, is the revenge travel mania over?
...the US expects that Bibi will indeed be pressured by this newfound policy into compromising on Gaza, which could discredit his leadership among the ultra-nationalist members of his coalition on whom his government depends...
This level of 'data dependence' in an illiquid market will not end well..
"Realistically there is nothing Jack Smith can do to move the Mar-a-Lago case forward to trial before the election..."
...is this the start of reality re-appearing in official labor market data?
"We still see potential rate cuts to be some months out and with no probable actions occurring prior to September. US economy figures have generally been hot."
Can You Guess What It Costs To Live "The American Dream" After 3 Years Of Inflation Under Joe Biden?
Most of us just want things to go back to the way that they once were, but thanks to the very foolish decisions of our leaders that simply is not possible...
“We’ve had encouraging news on inflation, and we think it will fall close to our 2% target in the next couple of months. We need to see more evidence that inflation will stay low before we can cut interest rates."
"A Transair plane crashes after leaving the runway, 10 injured including a pilot."
"Target Israel and we will target you...You have been warned."
Girls benefited the most from the policies...
- European equities are mixed, Stateside futures lower with slight underperformance in the RTY
- Dollar is firmer, G10s in the red and USD/JPY now just shy of 156.00
- Bonds pressured in a continuation of recent action; Gilts underperform slightly ahead of the BoE
- Crude is firmer, XAU flat and base metals mostly lower
- Looking ahead, US IJC, NZ Manufacturing PMI, BoE Policy Announcement, BoE DMP, Banxico Policy Announcement, Comments from Fed's Daly, BoE’s Bailey & Pill, ECB
Ukrenergo: "There may be power cuts for household & industrial consumers across Ukraine."
"Providing DA Willis with the option to simply remove Wade confounds logic and is contrary to Georgia law..."
Germany’s move to eliminate the last vestiges of its nuclear energy sector also comes at a time when the nation’s energy security is a cause for some concern.