Maduro Tells Brazil He’ll Soon Release Ballot Records To World; Opposition Official Arrested
Maduro Tells Brazil He’ll Soon Release Ballot Records To World; Opposition Official Arrested Update(1425ET): The Brazilian administration of Luiz Inácio Lula da Silva had as of Monday said he wouldn’t congratulate Venezuela’s Maduro for now following Sunday’s election. “The Brazilian government welcomes the peaceful nature of yesterday’s [Sunday’s] elections in Venezuela and is following the […]
Huge Airstrikes Rock Densely-Populated Beirut Suburb As Israel’s Retaliation Begins
Huge Airstrikes Rock Densely-Populated Beirut Suburb As Israel’s Retaliation Begins Israel’s anticipated big ‘retaliation’ has begun, apparently, after major airstrikes were felt in the Lebanese capital of Beirut. Large smoke clouds were seen above a suburb in southern neighborhoods, sparking momentary panic and a large emergency response amid reported casualties. An Israeli military statement quickly […]
Another Dem-Oversampled Poll Still Has Trump Beating Harris 48-45
Another Dem-Oversampled Poll Still Has Trump Beating Harris 48-45 In today’s episode of why polls are generally bullshit – a new survey of voters from Harvard-Harris has Donald Trump beating Kamala Harris 48-45, despite yet another egregious oversampling of roughly 25% Democrats which was then ‘weighted to the US general adult population’ – that still […]
Catastrophic JOLTS: Private Sector Job Openings Plunge Offset By Bizarre Surge In Government “Openings”, As Hiring, Quits Crater
Catastrophic JOLTS: Private Sector Job Openings Plunge Offset By Bizarre Surge In Government “Openings”, As Hiring, Quits Crater Heading into today’s JOLTS number we were expecting much of last month’s unexpected surge – which as we noted last month was the result of a bizarre spike in government job openings – to be revised away, […]
Bank of Japan Takes Center Stage in Crucial Week for Global Markets
This week, three major central banks will make policy announcements, with the Bank of Japan’s decision potentially having the most significant market impact. Traders are focused on the BOJ’s potential interest rate hike and reduction in bond purchases, which could strengthen the yen and affect global markets, particularly U.S. tech stocks. However, experts suggest that […]
Rising U.S. Debt Surpasses $35 Trillion
The U.S. national debt has surpassed $35 trillion for the first time as debates over taxes and spending loom. Despite this growing debt, presidential candidates have offered few solutions, and deep political divisions make it difficult to address the primary drivers of the debt, such as Social Security and Medicare. Rising interest rates and unexpected […]
Sovereign Nations Eye Bitcoin as Shield Against Dollar Weaponization
Bitcoin is emerging as a potential global reserve currency, challenging the dominance of the US dollar and potentially reshaping the world order. As countries seek alternatives to the dollar due to geopolitical tensions and economic instability, Bitcoin’s decentralized nature, fixed supply, and growing adoption by sovereign nations make it an attractive option. This shift could […]
Stakes High as Federal Reserve Prepares for Rate Cut Pivot
The Federal Reserve is poised to signal a potential interest rate cut in September, marking a significant shift after two years of aggressive inflation-fighting measures. While a single cut in the benchmark rate, currently at 5.3%, is expected and may not greatly impact the economy immediately, the key question is how quickly and extensively the […]
Manufactured Uncertainty
Manufactured Uncertainty Authored by Jeff Thomas via InternationalMan.com, For many years, I’ve described a period that I envisaged to be in the future, in which much of what was considered “normal” would change dramatically. The borders of some countries would change. The types of governments that ruled over them would change. In some cases, they […]
Futures Rise As Microsoft Earnings, Central Bank Avalanche Looms
Futures Rise As Microsoft Earnings, Central Bank Avalanche Looms After yesterday’s market reversal, US equity futures are higher but lacking the strength seen in EU markets. As of 7:50am, S&P and Nasdaq futures are 0.2% higher, with Mag7 stocks mixed and Semis are higher despite NVDA down -63bps and MSFT flat with closely watched earnings […]