Watch Live: Roaring Kitty Says ‘Not Working With Hedge Funds’ As GameStop Shares Hit Low
Watch Live: Roaring Kitty Says ‘Not Working With Hedge Funds’ As GameStop Shares Hit Low Watch Roaring Kitty Live: Update (1259ET): Roaring Kitty reveals positions. Oof. * * * Update (1251ET): Here’s a great take. It’s fine to “bet on management” but why would pay a premium for that? Every investment is a bet on […]
Retail Bloodbath: More Than 2,600 Store Closings Have Been Announced So Far In 2024
Retail Bloodbath: More Than 2,600 Store Closings Have Been Announced So Far In 2024 Authored by Michael Snyder via The Economic Collapse blog, Retail stores are being shut down at a staggering rate all over the country. If we stay on the pace that we are on, the total number of stores closed in 2024 […]
Stronger Jobs Data Triggers Over 2% Decline in Gold Prices
Gold prices fell over 2% after stronger-than-expected U.S. jobs data dampened hopes for interest rate cuts this year. Spot gold dropped 2.5% to $2,315.36 per ounce, and U.S. gold futures fell 2.4% to $2,333.30. The bearish sentiment was further influenced by China halting its gold purchases in May. The robust jobs report showed 272,000 new […]
Leader Of The Free World Apologizes To Zelensky While Handing Him Another Check
Leader Of The Free World Apologizes To Zelensky While Handing Him Another Check While handing over to Kiev the latest $225 million check defense aid package, the “leader of the free world” has apologized to Ukrainian President Volodymyr Zelensky. Biden during the bilateral meeting in Normandy, where world leaders are attending events for the 80th anniversary of the […]
California’s Latest Tax Idea: Charge Drivers By The Mile
California’s Latest Tax Idea: Charge Drivers By The Mile Authored by James Breslo via The Epoch Times, California has the highest income tax rate in the country (top tier of 14.4 percent). It has the highest statewide sales tax rate (7.25 percent, plus local sales taxes). It has the highest gas tax rate ($0.78 per […]
Dennis Kucinich Challenges GOP Congressional Opponent To ZeroHedge Debate Over Israel, Warrantless Spying
Dennis Kucinich Challenges GOP Congressional Opponent To ZeroHedge Debate Over Israel, Warrantless Spying Former Democrat Rep. Dennis Kucinich (Ohio) is running for Congress again as an independent, and has publicly challenged his incumbent opponent, Republican Rep. Max Miller, to a ZeroHedge debate. “I believe it is essential that you be challenged on your record, Congressman […]
The Myth That Biden Had Nothing To Do With The Prosecutions Of Trump; VDH
The Myth That Biden Had Nothing To Do With The Prosecutions Of Trump; VDH Authored by Victor Davis Hanson, The five criminal and civil prosecutions of former President Donald Trump all prompt heated denials from Democrats that President Joe Biden and Democrat operatives had a role in any of them. But Biden has long let […]
Inside The Most Ridiculous Jobs Report In Years
Inside The Most Ridiculous Jobs Report In Years On the surface, it was a blockbuster jobs report, certainly one which nobody expected, with the two largest US banks – JPMorgan and JPM – both expecting a below-consensus print at 150K and 165K, respectively (well we did, and we said that the jobs print “will beat” […]
German Defense Chief Calls For War Readiness By Decade’s End
German Defense Chief Calls For War Readiness By Decade’s End We recently outlined how conscription is coming back to Europe, amid breathless calls from NATO officials for Western publics to ‘prepare’ for the possibility of war with Russia. While Germany abolished conscription in 2011, some Berlin officials are calling for the system to be gradually […]
Oil Prices Trim Gains as U.S. Jobs Data Delays Rate Cut Expectations
Oil prices trimmed gains on Friday due to heightened demand concerns after stronger-than-expected U.S. jobs data diminished hopes for an imminent Federal Reserve rate cut. Brent crude rose by 12 cents to $79.99 a barrel, and U.S. West Texas Intermediate increased by 28 cents to $75.83. The robust jobs report suggests that rate cuts may […]