...this is the same cohort that missed their 2020 high school graduation ceremonies over government COVID restrictions...
US withholds ammo shipment to Israel for the first time of war...
The game-changing variable, however, will be what each does if/when the front lines collapse...
"The magnitude of such a decision is not lost on me, but at the end of the day, I have a job to do."
The agency’s staff told Robinhood that it made a “preliminary determination” to recommend that the SEC file an enforcement action.
US stocks are seeing no evil and certainly hearing none, but Berkshire Hathaway’s ever-growing cash pile should hold a tacit warning for those who are overexuberant...
"Victim 1 has never met Emily in person and has not received any gold bars..."
“This week is expected to be calmer on the economic front: few economic data releases and limited central bankers’ intervention.”
"While campuses struggle to get control of their students, at UNC Chapel Hill, they are bringing order back..."
What percentage of all income tax collection should the top 1 percent pay? Top 10 percent?
"It was just a normal traffic stop..."
Significantly more companies are beating consensus estimates by at least 1 std dev and fewer are missing. However, just like last week, beats are not being rewarded (via outperformance) and misses are getting punished.
It comes after prosecutors wrote that the order of items within a box was ‘not the same’ as digital photographs of materials raided from Mar-a-Lago by the FBI.
- Equities are entirely in the green; Apple -1.1% is lower pre-market after Berkshire Hathaway decreased its stake in Q1
- DXY is flat, EUR unreactive to PMIs & USD/JPY holds just under 154.00
- Bonds are modestly firmer, with initial upside in Bunds trimmed slightly by large upward revisions to EZ PMIs
- Crude is firmer with Rafah in focus, XAU is bid and base metals benefit from the risk tone
- Looking ahead, US Employment Trends, Comments from SNB’s Jordan, ECB’s Lagarde, Fe
The new directive is expected to provide coverage to approximately 100,000 immigrants next year.
...the search for loopholes to achieve the racial balancing they deem ideal for the shaping of society continues.
"Bitcoin peaked on the day when market flipped from pricing in more cuts to less cuts than the Fed... the good news is that “tail risks” of Fed hike & JPY collapse now lower after Fed “eased” (less QT) & Japan spent $55bn to support FX."
Saudi Arabia and its allies in OPEC⁺ are likely to keep oil production unchanged for a further three months when ministers review output allocations on June 1.