“From Disney World To The Real World”: Europe’s Leadership Continues To Fail Its Citizens
By Teeuwe Mevissen, senior macro strategist at Rabobank
While Europe is still reeling from the Munich security conference last weekend, Putin probab…
US Existing Home Sales Plunged In January As Mortgage Rates Rose
The lagged impact of a resurgence in mortgage rates can back to bite existing home sales in January, as they fell 4.9% MoM (worse than the 2.6% decline expected). That is the…
Hooters Goes Tits-Up As Bankruptcy May Come Within Months
Hooters of America is reportedly gearing up for a bankruptcy filing in the coming months as the iconic restaurant chain struggles with declining foot traffic and mounting debt, sour…
UMich Inflation Expectations Explode To 30 Year High
After exploding higher (to 4.3%) in the preliminary February data, UMich’s final print for inflation expectations (1Y) was the same but the medium-term (5-10Y) expectation shot up to 3.5…
US Services Sector PMI Plunges Into Contraction For First Time In 2 Years
After plunging in January, analysts expected US Services PMI survey to stabilize in February (and Manufacturing to continue modestly improving).
The analysts were h…
Moscow Demanded US-NATO Withdraw Forces From Eastern Europe In Riyadh Talks
A fresh report in Financial Times has revealed that during US-Russia talks in Saudi Arabia on Tuesday, Moscow demanded that NATO and American forces are withdrawn …
Watch: Trump Deputy Chief Of Staff Blasts Media Propagandists To Their Faces
Authored by Steve Watson via Modernity.news,
The White House Deputy Chief of Staff Stephen Miller torched fake news reporters Thursday during a briefing for play…
“A Great Day For Crypto” – SEC Set To Drop Enforcement Case Against Coinbase
In the latest reversal of the cantankerous policies of former United States Securities and Exchange Commission Chair Gary Gensler – who officials in the crypto in…
Futures Flat As Markets Brace For $2.7 Trillion Option Expiration
US equity futures are flat, as European and Asian markets rise, as sentiment improves on the last day of the week. As of 8:10am ET, S&P futures were unchanged at 6,138 after…
UnitedHealth Rebounds After Calling WSJ’s Report On Medicare Billing Practice “Misinformation”
Update (0953ET):
UnitedHealth Group shares clawed back some losses after the company told Bloomberg that a Wall Street Journal report on its me…
