"The Polling Data Has Been Wrong All Along": Watch Biden Deny Economic Reality In Train-Wreck CNN Interview

teaser image
teaser image

“We’ve already turned it around,”


The Missing Piece Of The Puzzle: Behind The Inexplicable "Strength" Of US Consumers Is $700 Billion In "Phantom Debt"

teaser image
teaser image

“BNPL essentially lets people dig a deeper and deeper hole of credit, which will be harder and harder to climb out of”


Denver Illegals Make Demands, Include 'Culturally Appropriate' Food, Lawyers, Unlimited Showers And Warnings Before Evictions

teaser image
teaser image

They also want "the same housing support that has been offered to others..."


Gold's Pause

teaser image
teaser image
Is this just a much needed consolidation before the next move higher?

Stocks And Bonds Rise Together As Inflation Fears Take Backseat

teaser image
teaser image

Stocks and bonds are rising together at the moment, but the flipside of that positive correlation is that they can fall together too...


Revenge Travel Peaked? Airbnb Pukes On Travel Spending Slowdown Forecast 

teaser image
teaser image

So, is the revenge travel mania over? 


Biden's Partial Arms Embargo On Israel Is Aimed At Pressuring It Into A Regional Peace Deal

teaser image
teaser image

...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...


Gold, Stocks, & Bonds Jump As 'Bad' Jobs News Reignites Rate-Cut Hopes

teaser image
teaser image

This level of 'data dependence' in an illiquid market will not end well..


"Deep Freeze": Jack Smith Has Few Options In Trump Case, Say Former Prosecutors

teaser image
teaser image

"Realistically there is nothing Jack Smith can do to move the Mar-a-Lago case forward to trial before the election..."


Reality Dawns? Initial Jobless Claims Suddenly Spike To Highest In 9 Months

teaser image
teaser image

...is this the start of reality re-appearing in official labor market data?


Futures Drop As Treasury Yields Extend Gains

teaser image
teaser image

"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?

teaser image
teaser image

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...


BOE Keeps Rates Unchanged But Edges Closer To Cutting As Deputy Governor Calls For Easing

teaser image
teaser image

“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."


Boeing 737 Crashes After Failed Takeoff At African Airport 

teaser image
teaser image

"A Transair plane crashes after leaving the runway, 10 injured including a pilot." 


Republicans Ready Sanctions On World Court If It Issues Arrest Warrants For Israelis

teaser image
teaser image

"Target Israel and we will target you...You have been warned."


This Is What Happened After Several Schools Banned Cellphones

teaser image
teaser image

Girls benefited the most from the policies...


US equity futures lower, Gilts pressured ahead of the BoE and USD/JPY nears 156 - Newsquawk US Market Open

teaser image
teaser image
  • 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

Ukraine Warns Nationwide Power Outages Coming Amid 'Massive' Russian Strikes

teaser image
teaser image

Ukrenergo: "There may be power cuts for household & industrial consumers across Ukraine."


Another Trump Trial Derailed: Fani-Donating Judge's Decision To Keep Her On RICO Trial Under Scrutiny By Appeals Court

teaser image
teaser image

"Providing DA Willis with the option to simply remove Wade confounds logic and is contrary to Georgia law..."


Why Germany Is Choosing Natural Gas Over Nuclear Power

teaser image
teaser image

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.