News From ZeroHedge, Page 2
Cheney Reaction
ZeroHedge - Sep 9th 2024 11:35am EDTCheney Reaction By Benjamin Picton, senior macro strategist at Rabobank Cheney Reaction Friday’s US payrolls report was supposed to settle the question of whether the Fed would be cutting by 25bps next week, or 50. On Thursday of last week the OIS futures had 33.8bps of cuts priced in for the September meeting. Today, it […]
1Leaked US Army Documents: Thousands Of Violent Venezuelan Prison Gang Members Run Amok Across America
ZeroHedge - Sep 9th 2024 10:45am EDTLeaked US Army Documents: Thousands Of Violent Venezuelan Prison Gang Members Run Amok Across America Investigative reporter James O’Keefe published unclassified information from the US Army North Division on X, revealing that the Venezuelan prison gang wreaking havoc across the northern Denver suburb of Aurora has become a nationwide crisis. Law-abiding Americans will soon feel the growing consequences […]
Leaked US Army Documents: Thousands Of Violent Venezuelan Prison Gang Members Run Amok Across America
ZeroHedge - Sep 9th 2024 10:45am EDTLeaked US Army Documents: Thousands Of Violent Venezuelan Prison Gang Members Run Amok Across America Investigative reporter James O’Keefe published unclassified information from the US Army North Division on X, revealing that the Venezuelan prison gang wreaking havoc across the northern Denver suburb of Aurora has become a nationwide crisis. Law-abiding Americans will soon feel the growing consequences […]
If The Fed Cuts Rates A Half-Point, Should Trump Complain, Rejoice, Neither, Or Both?
ZeroHedge - Sep 9th 2024 10:20am EDTIf The Fed Cuts Rates A Half-Point, Should Trump Complain, Rejoice, Neither, Or Both? Authored by Mike Shedlock via MishTalk.com, Think carefully. I will grade your answer… The current odds suggest only a 30 percent chance the Fed will cut rates by a half-point on September 18. I believe those odds are very understated because […]
If The Fed Cuts Rates A Half-Point, Should Trump Complain, Rejoice, Neither, Or Both?
ZeroHedge - Sep 9th 2024 10:20am EDTIf The Fed Cuts Rates A Half-Point, Should Trump Complain, Rejoice, Neither, Or Both? Authored by Mike Shedlock via MishTalk.com, Think carefully. I will grade your answer… The current odds suggest only a 30 percent chance the Fed will cut rates by a half-point on September 18. I believe those odds are very understated because […]
Key Events This Week: CPI, PPI, Presidential Debate, And Fed Blackout
ZeroHedge - Sep 9th 2024 9:52am EDTKey Events This Week: CPI, PPI, Presidential Debate, And Fed Blackout The week after payrolls is often quiet, but as DB’s Jim Reid notes, with the 25bps vs 50bps Fed debate for next week raging, there will be plenty of opportunity for volatility as the market flits between the two. With the Fed now in […]
Key Events This Week: CPI, PPI, Presidential Debate, And Fed Blackout
ZeroHedge - Sep 9th 2024 9:52am EDTKey Events This Week: CPI, PPI, Presidential Debate, And Fed Blackout The week after payrolls is often quiet, but as DB’s Jim Reid notes, with the 25bps vs 50bps Fed debate for next week raging, there will be plenty of opportunity for volatility as the market flits between the two. With the Fed now in […]
Texas Man Sentenced 14 Years For Running $110 Million Tax Refund Scheme
ZeroHedge - Sep 9th 2024 9:10am EDTTexas Man Sentenced 14 Years For Running $110 Million Tax Refund Scheme Authored by Naveen Athrappully via The Epoch Times (emphasis ours), A Texas man was sentenced to more than 14 years in prison for leading a scam seeking to steal more than $110 million in tax refunds, according to the Department of Justice (DOJ). […]
Oil Rises As Major US Refineries In Path Of Strengthening Gulf Storm
ZeroHedge - Sep 9th 2024 8:45am EDTOil Rises As Major US Refineries In Path Of Strengthening Gulf Storm Oil and gasoline futures moved higher early Monday as the National Hurricane Center tracked a potential tropical system that threatened parts of the US Gulf Coast later this week. The storm could slam into the upper Texas and Louisiana coasts, accounting for about 60% of US refining […]
Futures Rebound From Worst Weekly Rout Of 2024; Yields, Dollar Rise
ZeroHedge - Sep 9th 2024 8:23am EDTFutures Rebound From Worst Weekly Rout Of 2024; Yields, Dollar Rise Futures are higher in a modest relief rally following the worst weekly loss of the year, triggered by cooling US jobs data that left economists and traders at odds as to how aggressively the Federal Reserve will cut interest rates. As of 8:00am ET S&P futures […]
Professors Rally Academics Around “Less Bad” Candidate Trump
ZeroHedge - Sep 9th 2024 7:20am EDTProfessors Rally Academics Around “Less Bad” Candidate Trump By Will Caldwell of The College Fix University professors have started a petition for academics to rally behind Donald Trump in the 2024 presidential election. The petition statement, a project of Professor Daniel Klein of George Mason University and Daniel Mahoney, professor emeritus of political science at […]
Toyota Slashes EV Output By 30% For 2026
ZeroHedge - Sep 9th 2024 6:55am EDTToyota Slashes EV Output By 30% For 2026 In keeping with innumerable automakers that are cutting back investment and production into electric vehicles, Toyota has become the latest to slow its EV output, according to a new report from Nikkei Asia. The company “plans to significantly slow its production of electric vehicles”, the report says, […]
Illinois Trucking Company With 480 Drivers Abruptly Ceases Operations
ZeroHedge - Sep 9th 2024 6:30am EDTIllinois Trucking Company With 480 Drivers Abruptly Ceases Operations By Clarissa Hawes of FreightWaves, An Illinois-based trucking and logistics company, which contracted with the U.S. Postal Service to haul mail has notified over 650 employees, including more than 480 drivers, that the carrier is ceasing operations, according to sources familiar with the closure. Former truck […]
Indonesia Is The Most Charitable Nation In The World
ZeroHedge - Sep 9th 2024 5:45am EDT
Germany Rejects Carbon Credit Certificates Over Alleged China Fraud
ZeroHedge - Sep 9th 2024 5:00am EDTGermany Rejects Carbon Credit Certificates Over Alleged China Fraud Authored by Tsvetana Paraskova via OilPrice.com, The German Environment Agency on Friday said it had rejected carbon credit certificates from eight projects over concerns about fraudulent emission-reduction reporting and certification in China. The so-called Upstream Emission Reduction (UER) projects are being used by oil companies to meet the […]
High-Frequency Indicators Provide Clear Snapshot Of China’s Dismal Recovery
ZeroHedge - Sep 9th 2024 4:15am EDTHigh-Frequency Indicators Provide Clear Snapshot Of China’s Dismal Recovery A deepening property crisis and sluggish consumer spending derailed China’s economic recovery by late summer. Last week, Bloomberg Market Live reporters noted that soft corporate earnings signaled the world’s second-largest economy is “nowhere close to bottoming out.” Goldman analysts led by Yuting Yang and Lisheng Wang recently published a client note […]
Professor Warns Of “European Christian Imperialism” In Outer Space
ZeroHedge - Sep 9th 2024 3:30am EDTProfessor Warns Of “European Christian Imperialism” In Outer Space Authored by Dave Huber via The College Fix, One of the sillier aspects of DEI/critical theory is the erosion of reason and rationality in the cause of righting “oppression.” We’ve seen this with the gender movement, in particular; less known is how it’s creeping into hard […]
German Politician Threatens X, Telegram With Bans
ZeroHedge - Sep 9th 2024 2:45am EDTGerman Politician Threatens X, Telegram With Bans Two weeks ago, we suggested that the stunning arrest of Telegram CEO Pavel Durov in France was a trial balloon for how Europe will go after Elon Musk… Durov’s arrest is a trial balloon for how Europe will go after Musk https://t.co/bsAbD2WL29 — zerohedge (@zerohedge) August 25, 2024 […]
Mongolia’s Embrace Of Putin Despite His ICC Warrant Exposes South Africa’s Political Cowardice
ZeroHedge - Sep 9th 2024 2:00am EDTMongolia’s Embrace Of Putin Despite His ICC Warrant Exposes South Africa’s Political Cowardice Authored by Andrew Korybko via Substack, President Putin was greeted with an honor guard after arriving in Mongolia for his trip this week, where he brought with him an impressive delegation whose diverse expertise confirms his stated intent to continue comprehensively developing their strategic partnership. All of that […]
Do Americans Prefer Equalizing Outcome Or Opportunity In 2024?
ZeroHedge - Sep 8th 2024 11:20pm EDTDo Americans Prefer Equalizing Outcome Or Opportunity In 2024? Authored by Gonzalo Schwarz via RealClearPolitics.com, The American Dream was built on a promise of equality – a promise of equality in terms of life, liberty, and the pursuit of happiness. During the 2024 election, Donald Trump and Kamala Harris are both working overtime to say why […]
China Faces Worst Deflationary Streak Since 1999
ZeroHedge - Sep 8th 2024 10:13pm EDTChina Faces Worst Deflationary Streak Since 1999 By John Liu and Zheng Wu, Bloomberg markets live reporters and strategist Three things we learned last week: 1. China’s former central bank chief made a rare admission that the nation should tackle deflation. The economy faces its worst deflationary streak since 1999, putting pressure on corporate profits, wages […]
A Post-Google World
ZeroHedge - Sep 8th 2024 10:10pm EDTA Post-Google World Authored by Matt Stoler via TheBIGNewsletter.com, “The essence of antitrust law is to try to keep the system working by recognizing that, at certain points, some companies may get too big for their own good, they’re self-imploding, or the technology may become so dominant that it’s just crushing all other elements where […]
A Harris Victory In 2024 Makes The US A One-Party State
ZeroHedge - Sep 8th 2024 9:00pm EDTA Harris Victory In 2024 Makes The US A One-Party State Authored by James E. Fanell and Bradley A. Thayer via American Greatness, The election of 2024 will be epochal for the United States. It will be as impactful on the course of the nation as the election of 1860 and the ensuing Civil War. […]
First Fridays And Gell-Mann Amnesia Effect
ZeroHedge - Sep 8th 2024 8:25pm EDTFirst Fridays And Gell-Mann Amnesia Effect By Peter Tchir of Academy Securities First Fridays & Gell-Mann Amnesia Effect Last weekend’s Fog of War T-Report listed “lack of liquidity” as our number one fear, and even Friday’s “positive” price action was highly suspect! We remain incredibly concerned about liquidity and market structure (leveraged ETFs, momentum strategies […]
Is Artificial Intelligence The Next Easy-Money Bust?
ZeroHedge - Sep 8th 2024 7:50pm EDTIs Artificial Intelligence The Next Easy-Money Bust? Authored by Justin Murray via The Mises Institute, Since early 2022, the big buzz in the tech industry, and among laymen in the general public, has been “artificial intelligence.” While the concept isn’t new – AI has been the term used to describe how computers play games since at […]
