Cash Will Be No Refuge Under CBDCs
Authored by Mark Jeftovic via BombThrower.com,
The world is headed toward Central Bank Digital Currencies (CBDCs) and everybody knows it, even the people who don’t want them (which at the moment looks to…
Key Events This Week: GDP Revised Lower; PCE And Durables On Deck
This week one of the main highlights will take markets through what DB’s Jim Reid calls “a full on Back to the Future and Quantum Leap (his favorite show as a teenager) mome…
First US Abrams Tanks Arrive In Ukraine, Officials Admit They “Risk Being Destroyed”
Ukrainian President Volodymyr Zelensky has confirmed reception of the first delivery of US Abrams battle tanks, after President Biden last week made it cl…
‘Just Allegations’: Menendez Refuses To Resign Amid Bribery Scandal
Update (1247ET): Sen. Bob Menendez (R-NJ) has refused to resign in the face of federal bribery charges.
“The allegations leveled against me are just that — allegations,…
Premature Celebration: Ford Says Still “Significant Gaps” To Close In UAW Negotiations
Celebrations about UAW progress with Ford over the weekend were likely premature as Ford said late on Sunday that there were still “significant gaps to …
The Dangerous Myth Of Soft Landing
Authored by Daniel Lacalle,
If we search the news from 2007, we can find plenty of headlines with the IMF and the Federal Reserve predicting a soft landing. No one seemed to worry about rising imbalances…
AOC Wants To Sell Her Tesla For Union-Made EV
To remain relevant this week as President Biden heads to the picket line to support United Auto Workers, ultra-liberal New York Representative Alexandria Ocasio-Cortez told CBS’s Face the Natio…
Texas Deploys More Buses To Ship Illegal Immigrants To “At Capacity” Sanctuary Cities
Authored by Bill Pan via The Epoch Times,
Texas has expanded the scale of operations to transport illegal immigrants out of the state, adding two distre…
Futures Extend Slide As Yields, Dollar Blow Out
Global markets started the new week on the back foot with US equity futures, European bourses and Asian markets all sliding as Treasury yields resumed their grind higher, with 10Y yields risi…
Energy Stocks Surge After Biggest Short Squeeze In A Year
Over the past month we had repeatedly pointed out that at a time when oil and other energy commodities were soaring – and Brent last week surpassed the average price at which Biden …
