JPY Plunges To Fresh 34-Year-Lows After BoJ Does Nothing… Again
Having already lost more than 10% of its value versus the US dollar this year, the yen plunged further overnight after Bank of Japan Governor Kazuo Ueda indicated monetary p…
Yuan Devaluation Fever Heats Up As China Stockpiles Metals
Authored by Simon White, Bloomberg macro strategist,
Gold trading in China has exploded and stocks of copper have risen sharply prompting speculation that policymakers are on the …
George Soros Paying Student Agitators To Whip Up Anti-Israel Protests
George Soros and his far-left movement is paying student agitators to co-opt and amplify anti-Israel protests at colleges across the country, the NY Post reports.
The…
UMich Inflation Expectations Accelerated In April To 2024 Highs
Short-term inflation expectations rose… again… according to the latest UMich sentiment survey with 1-year expectations at 3.2% final, up from preliminary 3.1% for April, a…
Why Are There So Many Americans That Can’t Find A Job Even Though They Are Desperate To Be Hired?
Authored by Michael Snyder via The Economic Collapse blog,
According to the absurd numbers that the government feeds us, the unemployment ra…
Anglo American Rejects BHP’s Takeover Deal, Calls It “Highly Unattractive”
The world’s largest global diversified miner, BHP, is being forced to significantly raise its buyout offer of Anglo American or walk away from the proposed all-sha…
Watch: Drag Queen Makes Tiny Kids Chant “Free Palestine”
Authored by Steve Watson via Modernity.news,
Video has emerged of a drag queen leading children barely older than toddler age in chanting “Free Palestine” during a so called “Queer …
Ukrainian Drone Strikes Target Russian Oil Refineries Again Despite White House Pleas
Just days after the Biden administration signed a new military aid package worth billions of dollars to Ukraine, Kyiv launched a series of suicide drone …
Fed’s Favorite Inflation Indicator Prints Hotter-Than-Expected As Savings Rate Plunges
With inflation data surprising to the upside recently…
Source: Bloomberg
…the doves’ last chance for sooner than later rate-cuts is today’s Core…
China Is Pivotal For US Inflation’s Path
Authored by Simon White, Bloomberg macro strategist,
A more forthright response from China to its deflationary predicament would further support US inflation that is already proving sticky, adding …
