Next Event In Biden’s Dementia Decathlon: Solo Press Conference Thursday Could Seal His Fate
Next Event In Biden’s Dementia Decathlon: Solo Press Conference Thursday Could Seal His Fate As panicked Democrats continue wringing their hands over the general election perils associated with President Biden’s accelerating cognitive decline, Big Media has thus far spent the week largely focused on comments made in closed-door meeting on Capitol Hill, and the steady […]
EV Boosters Cannot Do Math
EV Boosters Cannot Do Math Authored by Duggan Flanakin via RealClearEnergy, According to Electrly, the electric vehicle charging manufacturer, it takes an average of 90 kilowatt-hours of electricity to fully charge a Tesla Model Y long range all-wheel-drive vehicle, 83 kWh for the Model Y performance version, and 67 kWh for the standard range Model […]
Japan's Corporate Goods Prices Hit Record High as Import Costs Surge
Japan’s wholesale inflation accelerated in June, driven by a weakening yen that increased import costs, rising global commodity prices, and the phasing out of fuel subsidies. The corporate goods price index rose 2.9% year-on-year, reaching a record high for the seventh consecutive month. This data, along with a 9.5% increase in the yen-based import price […]
Bitcoin Extends Gains As US ETF Inflows Battle German Govt Selling Overhang
Bitcoin Extends Gains As US ETF Inflows Battle German Govt Selling Overhang The German government is no longer a “Bitcoin billionaire”, as Arkham Intelligence reports that this morning saw them unload another 2000 BTC ($117mm) to exchanges, leaving just 13,360 BTC ($785mm) remaining – 26.8% of the original bitcoin seizure from movie-pirating site, Movie2k. But […]
China's Economy Struggles Gain Momentum: Inflation and Factory Prices Disappoint
China’s June economic data reveals persistent weak demand despite government efforts to boost consumption. Consumer inflation rose marginally by 0.2% year-on-year, falling short of expectations, while factory-gate prices continued their 21-month deflation streak, declining by 0.8%. These figures underscore the ongoing challenges in China’s economic recovery, particularly in the property sector and domestic consumption. Despite […]
In ‘Brutal’ CNN Interview, Dem Senator Says Trump Could Beat Biden In “Landslide”; Stephanopoulos Doubts Another Term
In ‘Brutal’ CNN Interview, Dem Senator Says Trump Could Beat Biden In “Landslide”; Stephanopoulos Doubts Another Term Sen. Michael Bennett (D-CO) on Tuesday became the first Democratic senator to publicly cast doubt on President Joe Biden’s chances against Donald Trump in November. “Donald Trump is on track, I think, to win this election, and maybe […]
Another Day, Another Record High, Another Tech Meltup
Another Day, Another Record High, Another Tech Meltup Stop us when this starts sounding familiar: futures are – once again – higher, led by tech with small-caps also outperforming following another all-time high, the 36th of 2024, fueled by dovish Powell comments. As of 8:00am ET, S&P futures are up 0.2% to a new all […]
Unusual Options Activity Spotted On GameStop
Unusual Options Activity Spotted On GameStop X users were abuzz on Tuesday when someone snapped up thousands of GameStop call options set to expire later this month. There is speculation that ‘meme’ stock trader Keith Gill, also known as Roaring Kitty, might be preparing for another pump. In the overnight hours, options flow platform Unusual Whales […]
Microsoft & Apple Abruptly Drop OpenAI Board Observer Seats As Antitrust Investigations Mount
Microsoft & Apple Abruptly Drop OpenAI Board Observer Seats As Antitrust Investigations Mount There’s definitely more to this story than meets the eye. Let’s begin with new details from the Financial Times, which reveal that Microsoft has relinquished its board observer seat at OpenAI, while Apple is not expected to take an observer role on the board. […]
The Great Monetary Pivot Of 2024
The Great Monetary Pivot Of 2024 Authored by Nick Giambruno via InternationalMan.com, In the wake of the 2008 financial crisis, the Fed brought interest rates to roughly 0% and held them there for years. Then, in late 2015, they started a rate-hiking cycle that lasted until the repo market turmoil in late 2019. After the […]