Stocks Dump, Bonds & Bullion Jump After Dismal Data
Following the cataclysmic drop in new home sales, notably weak PMIs, and ugly Richmond Fed data, reality is starting to bite this morning as ‘real’ economic data confirms the apparent col…
‘Blue-Checks’ Furious After Henry Kissinger Says Ukraine Should Cede Territory For Peace With Russia
Veteran US statesman Henry Kissinger has urged the West to stop trying to inflict a crushing defeat on Russian forces in Ukraine, warning …
Pentagon Chief Says Ukraine To Get Harpoon Anti-Ship Missiles From Denmark
Authored by Dave DeCamp via AntiWar.com,
On Monday, Secretary of Defense Lloyd Austin hosted a meeting of over 40 nations to discuss military aid for Ukraine and a…
US New Home Sales Collapse In April
Following the unexpectedly large decline in existing home sales (directionally not unexpected given the surge in mortgage rates, plunge in mortgage apps, slump in homebuilder sentiment, drop in building …
US PMIs Disappoint In May, Signal Growing Stagflation Fears
Amid a slew of disappointing US Macro data, preliminary May US PMIs were expected to show slowdowns in btoh manufacturing and services, and the actual prints were worse than expec…
Rabobank: It’s A Market Where The Majority Have Hotdogs For Brains
By Michael Every of Rabobank
Ambiguity? Yes. Strategic? Mmm…
The market focus yesterday – in what Bloomberg is this morning in Asia calling a ‘Ray of Light’, risk-on da…
Scott Minerd: I’d Take Art And Real Estate Over Stocks, Market Will “Overshoot” The Bottom On Tech Stocks
Chief investment officer at Guggenheim, Scott Minerd, said this week that if was given $10,000 to invest on a five year horizon, he w…
Watch: Biden Admits Skyrocketing Energy Prices Are Part Of Green “Transition”
Authored by Steve Watson via Summit News,
Joe Biden let the veil slip Monday, telling reporters gathered at a press conference in Tokyo that unaffordable gas pr…
WHO Says Monkeypox ‘Can Be Contained’ As US Distributes Vaccines
The World Health Organization says the current monkeypox outbreak is unusual but can still be stopped, according to Bloomberg.
A section of skin tissue, harvested from a lesi…
A “Lost Decade” Ahead For Markets?
Authored by Lance Roberts via RealInvestmentAdvice.com,
Is a “lost decade” ahead for markets? We and many others have discussed a topic regarding financial market valuations and forward returns. Now, hal…
