CNN Admits Trump On Course For Landslide Win
CNN Admits Trump On Course For Landslide Win Authored by Steve Watson via Modernity.news, CNN’s John King highlighted Tuesday how Donald Trump is on course for a historic landslide victory in November, and could get as many as 330 electoral votes (only 270 are needed to win). “If Donald Trump won, what we have here, […]
“He Did It Again”: Robby Starbuck’s Anti-Woke Crusade Results In Deere Pulling Back On DEI Policies
“He Did It Again”: Robby Starbuck’s Anti-Woke Crusade Results In Deere Pulling Back On DEI Policies Weeks after Tractory Supply nuked its diversity, equity, and inclusion initiatives following conservative backlash and boycotts sparked by commentator and filmmaker Robby Starbuck, Deere & Co. announced on X on Tuesday that it will no longer participate in “cultural awareness parades” and pull back on “woke” workplace […]
US Industrial Production, Manufacturing Jumps In June, But…
US Industrial Production, Manufacturing Jumps In June, But… US industrial production rose a better than expected 0.6% MoM in June (double the 0.3% jump expected but slower than the 0.9% surge in May). This pulled industrial production up 1.6% YoY – the best since Oct 2022… Source: Bloomberg Manufacturing production also surge in June (jumping […]
Anti-Biden Dems Rush To Block DNC’s ‘Virtual Nomination’ Scheme
Anti-Biden Dems Rush To Block DNC’s ‘Virtual Nomination’ Scheme Saturday’s near-assassination of Donald Trump likely boosted the former president’s chances of winning the November election — and also forced a pause in what had been a steadily-boiling controversy over President Biden’s fitness to finish the race and start a new term. While Biden’s mental deterioration was […]
Stanford Insists ‘Internet Observatory’ – Which Engaged In Election-Time Censorship Push – Will Stay Open
Stanford Insists ‘Internet Observatory’ – Which Engaged In Election-Time Censorship Push – Will Stay Open Authored by Courtney Graves via The College Fix, The status of Stanford University’s controversial Internet Observatory, a research group accused of participating in social media censorship, appears unclear after recent conflicting reports about its future. A recent report by the […]
Renewed Fed Rate-Cut Hopes Spark Modest Rebound In Housing Starts/Permits In June
Renewed Fed Rate-Cut Hopes Spark Modest Rebound In Housing Starts/Permits In June Housing Start s and Building Permits rose more than expected in June (+3.0% MoM and +3.4% MoM respectively) and May’s disappointments were revised modestly higher too (-4.6% MoM and -2.8% MoM respectively)… Source: Bloomberg That lifted the SAAR totals for both starts and […]
Irrational Exuberance Then And Now
Irrational Exuberance Then And Now Authored by Michael Lebowitz via RealInvestmentAdvice.com, On December 5, 1996, Chairman of the Fed Alan Greenspan offered that stock prices may be too high, thus risking a correction that could result in an economic fallout. He wondered out loud if the market had reached a state of “irrational exuberance.” Over […]
Futures Slide As Global Tech Stocks Tumble On Fresh China Chip Trade Crackdown
Futures Slide As Global Tech Stocks Tumble On Fresh China Chip Trade Crackdown US equity futures slide with tech dragging down S&P and Nasdaq futures as both Semis and Mag7 are being sold pre-mkt with ASML -6% on a Bloomberg report the Biden administration is considering using the most severe restrictions available on companies like […]
US Officials Consider Severe Chip Crackdown On China, Sparking Global Semiconductor Sell-Off
US Officials Consider Severe Chip Crackdown On China, Sparking Global Semiconductor Sell-Off The Biden administration is considering imposing the strictest trade restrictions available if companies like Tokyo Electron and ASML Holding continue providing China with advanced semiconductor technology, according to a Bloomberg News report. This headline sparked risk-off sentiment across Japan, Europe, and the US […]
Gold Rally Continues nearing $2,500 with Traders Betting on Fed Rate Reductions
Gold reached a record high, nearing $2,500 per ounce, as traders anticipated Federal Reserve rate cuts due to cooling inflation. This surge, driven by large central bank purchases, strong consumer demand in China, and geopolitical tensions, saw gold prices rally 1.9% on Tuesday. Although Chris Weston from Pepperstone Group suggests gold might test $2,500 soon, […]