Rearranging The Chairs
By Michael Every of Rabobank
Rearranging the Chairs
Tuesday was another down day for most markets as the US weekly ADP jobs report suggested the labor backdrop is weakening and housing starts sagged. As the FT puts…
MP Materials Stock Spikes After JV Deal With Saudi Arabia’s Flagship Mining Company
MP Materials stock is up more than 6% heading into the cash open after the company announced a rare earth refinery joint venture with Saudi Arabia’s flagsh…
“There’s No Emergency Here”: Blue Owl CEO Says As Private Credit Provider Abandons Merger Plan
Less than 24 hours ago, we noted that Goldman’s Delta-One Desk head, Rich Privorotsky, warned, “while we’re all laser-focused on ORCL CDS and NV…
Leading Advanced Nuclear Companies Announce More Progress Toward Commercialization
With the US badly lagging China in nuclear power plant rollout, and the Trump admin slow-playing its Industrial Policy in this most critical sector, the pri…
Larry Summers Resigns From OpenAI Board; Harvard Launches Investigation After Epstein Revelations
Former Treasury Secretary Larry Summers has resigned from the board of OpenAI following the release of messages in which Summers was asking J…
TJ Maxx Hikes Outlook As Consumers Trade Down In Ominous Economic Signal
We’ve been hammering on the same theme for months: low- and middle-income consumers are getting financially squeezed.
Goldman has flagged imploding sentiment, UBS …
As ‘Golden Toilet’ Corruption Scheme Rocks Ukraine, Support For Zelensky Plunges Below 20%
Via Remix News,
After Ukrainian President Volodymyr Zelensky’s close associate, Timur Mindich, fled to Israel after allegedly masterminding a €100 …
Futures Rebound After 4 Day Slide With Nvidia Earnings On Deck
After 4 days of steep declines, futures are finally higher ahead of Nvidia earnings, with AI bulls hoping for strong numbers to provide respite from the market selloff. As of 8…
This Was A Major Red Flag In 2008, And Now It Is Happening Again!
Authored by Michael Snyder via The Economic Collapse blog,
The alarms are getting even louder each week. It has become exceedingly clear that the U.S. economy has entered …
First Home Depot, Now Target Reports Soft Demand
At the start of the week, Goldman’s top consumer specialist Scott Feiler pointed out this would be a “very important week” for earnings across the consumer sector. Home Depot set the tone o…
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