CPI Preview: After Five Beats In A Row, The First Miss Of 2024?

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"We could even see June rate cut bets return as Immaculate Disinflation returns..."


US Futures Coiled Tightly Ahead Of Key CPI Print

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"An in-line-with-consensus US core CPI read is discounted and in the price, but that may be enough to promote relief buyers and see the index push higher. A core CPI read below 0.25% month-on-month and I certainly wouldn’t want to be short.”


Russia Is About To Overrun Ukraine's Defenses – Why Are There No Peace Negotiations?

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... the underlying plan may very well be to try to force Americans and Europeans to accept an expanding war with Russia.


Fiscal Bazooka: China Considers Buying Millions Of Homes To Save Property Market

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"This was one of the initial catalysts for the China Property Sector..." 

 


"They Left Us No Choice": Woman With Vaccine Injury In Clinical Trial Sues AstraZeneca

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No funds came to the family, forcing them to refinance their home.


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  • European bourses are mostly firmer, US futures flat ahead of US CPI & Retail Sales
  • Dollar is weaker, Antipodeans lifted on reports of Chinese support measures, USD/JPY dips
  • Bonds are firmer, continuing the post-PPI strength
  • Crude is in the green, XAU is supported given the softer Dollar & base metals are in the green
  • Looking ahead, US CPI & Retail Sales. Comments from Fed’s Kashkari.

Copper Overheated: AI-Driven Rally Getting Ahead of Itself

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Chasing copper here is starting to look like a slightly late short term trade. We would look for better entry points.

Should You Believe Faulty U.S. Crime Stats Or Your Own Lying Eyes?

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Declining arrest rates and slowing police response times to 911 calls also help explain why polls show Americans believe crime is rising.


Rail Union Warns German Train System Turning Into "Battleground" Thanks To Male Migrants

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Wave of violent attacks targeting female staff...


Who's Next For The 'Roaring Kitty' Treatment?

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...did The Fed's pivot create a perfect storm for another retail meme-mania?


Emergency Blackouts Introduced Across Ukraine As Temperatures Dip

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Several weeks of intensified Russian airstrikes have left vital infrastructure decimated...


NATO's Newest Member Open To Hosting Nuclear Weapons

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"For decades, we have lived very peacefully & without very big threats to Europe. Personally, I think these times are over."


Where Wealth Is Concentrated In Africa

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56% of Africa’s millionaires and over 90% of its billionaires lived in just five countries in 2023...


Supreme Court Justices Thomas And Alito Issue Warnings About State Of America

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‘Support for freedom of speech is declining dangerously,’ Justice Alito said, while Justice Thomas decried ‘nastiness and the lies’ in the Beltway.


7 In 10 Europeans Say Governments Allowing Too Much Immigration

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In some countries 80-90% said there are too many foreign migrants...


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APAC stocks traded mostly higher following the momentum from the US where the Nasdaq posted a fresh record close.

Mass Starvation: Here's Why Most Of America Is Completely Unprepared

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Growing food, hunting food and foraging food are all supplemental measures, especially in the first years of any crisis event. Without a primary emergency supply most people will not make it...


Samsung Tops Apple In Q1 Global Smartphone Shipments

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Over the past years, however, Chinese tech companies have started catching up and, at times, even overtaking Apple's iPhone product lines...


Over $13 Million Paid Out In Vaccine Injury Claims In Australia

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The scheme has paid out over 6 percent of claims so far and is due to wrap up in September...


Elections And Devaluations

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... incumbents tend to engage in expansive fiscal (and where possible monetary) policy in the run up to elections in order to buoy the economy and therefore their electoral prospects.