Zelensky blames a European country, which he doesn't want to name, for suspending 8 billion Euros of financial aid to Ukraine. Prior Zelensky speech standing ovation by European Parliament, AFP via Getty Images Politico details of the latest: A new Read more…
Wall Street Reacts To Today's “Phenomenally Strong” Jobs Report We already know how the markets have responded to this morning's “good news” in the jobs data – rate-hike expectations soaring, bonds, stocks, and bullion crushed as the dollar spikes. The Read more…
Quadruple-Vaxxed German Health Minister Tests Positive For COVID Authored by Paul Joseph Watson via Summit News, German Health Minister Karl Lauterbach, who is quadruple vaxxed and a strong proponent of face masks, has tested positive for COVID-19. The German Health Read more…
Canceling China-US Military Maritime Consultative Agreement (MMCA) meetings. Suspending China-US cooperation against transnational crimes. Among the most directly threatening actions thus far has been the PLA military firing ballistic missiles over Taiwan; however, which Taipei on Wednesday refused to confirm Read more…
I am deeply concerned ESG has become something of a fundamentalist quasi-market religion; creating massive mis-allocations of capital in its crusade to change the world. “is this ESG compliant?” They do so because it's the first thing the groupthink investment committee Read more…
Consider the following: on one hand, the closely followed establishment survey came in red hot, and not only did it soar despite the US entering a technical recession last week, it printed at a 5 month high of 528K, a Read more…
The original Lockdown-induced 32% annualized plunge in Q2 2020 was followed by a 23% annualized rebound in Q3 2020 and then a return to the pre-Covid starting point by Q1/Q2 2021. In fact, the last time the GDP deflator exceeded 8.50% was Read more…
Kremlin Now “Ready To Discuss” Griner Prisoner Swap Following Stiff Sentence: Lavrov Russian foreign minister Sergey Lavrov confirmed Friday while in Cambodia for a regional summit that Russia stands “ready to discuss” a prisoner swap for US WNBA star Brittney Read more…
It was a great trade in June following Shanghai's reopening from lockdown, but since then it has given up all the profit. The Hang Seng beat the S&P by 10 percentage points that month, in its biggest outperformance since 2015. Starting in July, however, Read more…
In this context: The market “will get hit hard (-200bps) on a print north of 372k (>prior reading) as sooner than expected “fed pivot” convos will quickly be shelved.” On the other hand, “a relatively inline print (150k – 300k) Read more…