"helicopter was completely burned in the crash… unfortunately, all passengers are feared dead."
"Fundamentally, investors are not concerned about the health of the economy. I am not too worried about the commodity rally as it’s only one component of inflation and we are seeing other aspects of inflation starting to come off."
Hanke skewers the political class for deflecting the blame...
Continued maritime exports to the Indian Ocean Region across the Baltic, Black, and Mediterranean Seas might be deemed strategically undependable...
Copper and gold - the leading lights of the base and precious metals arenas - are in what Lloyd-Smith puts as "history making mode", as both powered to record highs in early Monday trading
- European equities hold a mild positive bias, whilst US futures lack firm direction and holds around the unchanged mark.
- Dollar is flat alongside G10 peers, Kiwi marginally underperforms, USTs are flat in quiet newsflow, whilst Bunds are slightly softer.
- A helicopter carrying Iranian President Raisi and Foreign Minister Amir-Abdollahian crashed due to adverse weather conditions with no survivors reported; Iran’s Supreme Leader Khamenei signalled continuity.
- Spot gold printed a record high of around
The US is in a stunningly strong position in such a world... if only it can get out of its own way and be true to its founding principles
A bad bet on hydrogen hype...
"Optimum conditions call for the transit of the M/V Dali to commence at high tide, predicted to be Monday at 5:24 a.m..."
"We kind of got cancelled because no one wanted to talk about the potential that there was a problem from the vaccines," Dr. Robert Redfield said.
Was previously held up as a model for ‘integration’ of migrants in Germany
By age group in the US, 20% of Gen Z self-identified as part of the LGBT+ community...
The dirt that Andrey Derkach shared about Hunter’s Burisma corruption scandal made him an enemy of the American and Ukrainian governments.
- APAC stocks began the week on the front foot despite last Friday's indecisive performance on Wall St where the major indices traded sideways.
- European equity futures indicate a higher open with Euro Stoxx 50 futures up 0.3% after the cash market closed down 0.2% on Friday.
- A helicopter carrying Iranian President Raisi and Foreign Minister Amir-Abdollahian crashed due to adverse weather conditions with no survivors reported; Iran’s Supreme Leader Khamenei signalled continuity.
- Spot gold printed a r
History also warns/teaches that the leadership of all debt-soaked and failing regimes will buy time saving their “systems” (and covering their @$$’s) by debasing their currencies to monetize their debts...
Painting a concerning picture, the median retirement savings for Americans stands at a mere $87,000, a figure far lower than what is needed for a comfortable nest egg...
The BoJ ending negative rates and normalizing policy for the first time in eight years marked the end of decades of a deflationary equilibrium
...aiming to “counter China’s unfair trade practices” by targeting specific sectors where the U.S. is boosting domestic production.
Every time the Dalios of the world open their mouths on the risks that the great unwashed masses pose to "Our Democracy™", they make the idea of a political separation sound far more agreeable...
While the U.S. economy defied expectations in 2023, posting 2.5% in real GDP growth, several states lagged behind...