“Humza Yousaf’s leadership has lurched from crisis to crisis from the very start, and he could not command the confidence of the Scottish Parliament."
"Jim Biden forged closer ties to Qatar’s government than previously understood..."
Many economists argue that the economy is growing, and that inflation is a secondary problem. Not for the average American. Citizens are poorer in absolute and relative terms.
...equities "will struggle to find their footing if rates continue to rise sharply" regardless of the macro driver.
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The world is increasingly swinging from one extreme to the other.
"It is difficult to ignore the bad effects that these violent and abnormal movements [in currencies] will cause for the nation's economy,"
"This could open up FSD in China, which I view as unlocking what really could be the golden opportunity for them."
...whatever our technocratic overlords dream up in order to usher in utopia, the unintended consequences will dwarf their ability to cope and push us all further into The Jackpot...
Two full years of inflation have taken their toll on American households...
"They’re hedging against anarchy, rising institutional distrust. So some are buying dollars for cyclical reasons, but buying gold and crypto for structural reasons"
PremiumUS equity futures modestly firmer, JPY bid amid suspected intervention, Bonds benefit from Spanish/German CPIs - Newsquawk US Market Open
NS
- European bourses were initially firmer, though have since dipped lower; US futures remain modestly in the green
- Dollar is softer amid hefty USD/JPY selling; the pair rose to 160.00 before sharp downticks with intervention suspected
- Bonds are firmer benefiting from dovish Spanish/German inflation metrics
- Crude is softer as Israel-Gaza truce talks continue; XAU flat and base metals mixed
- Looking ahead, German CPI, EZ Sentiment, US Dallas Fed Manufacturing Index, Comments fr
NS
"It's not about making a Leopard 3 or 4; it's about designing something brand new."
"This case has huge implications...for the future of the presidency, for the future of the country.."
Discovered in a mysterious land, rapamycin has the ability to slow the growth of unwanted things from wrinkles to cancer...
"We consider these themes, along with Goldman’s Broad AI basket, to be the most popular in the next few years,”
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Looking at different age groups, the trend is clear: the younger the respondents the more likely they are to oppose a potential TikTok ban...
Ukraine’s problems are immense and multifaceted, but they’re all connected one way or another to the five following factors...
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