“This Case Is Going To Fail”: Lawyer For Andrew Left Says He’d “Never” Accept Plea Deal
“This Case Is Going To Fail”: Lawyer For Andrew Left Says He’d “Never” Accept Plea Deal Short seller Andrew Left surrendered in Los Angeles this afternoon, CNBC reported. James Spertus, the lawyer representing Left who was previously a prosecutor in the L.A. U.S. Attorney’s Office, said Monday prosecutors had ordered Left to turn himself in […]
Treasury Estimates $1.3 Trillion In Borrowing Needs For The Remainder Of 2024
Treasury Estimates $1.3 Trillion In Borrowing Needs For The Remainder Of 2024 Ahead of today’s big event – the Treasury borrowing estimates publication – we said not to expect any fireworks and also that unlike recent spikes, the most likely range of calendar Q3 and Q4 borrowing estimates is $750BN for the July-September quarter and […]
Conservative Professor Disciplined For Criticizing DEI Gets $2.4 Million To Settle Lawsuit Against College
Conservative Professor Disciplined For Criticizing DEI Gets $2.4 Million To Settle Lawsuit Against College By Jennifer Kabbany of The College Fix ‘To my colleagues at Bakersfield College and nationwide, I say: Keep the faith; we are winning the battle, one case at a time.’ A Bakersfield College professor who was investigated and disciplined after he […]
“Just Dumb!!” – 2 Days After Trump Crypto-Crowning, Biden Admin Moves Billions In ‘Silk Road’ Bitcoin
“Just Dumb!!” – 2 Days After Trump Crypto-Crowning, Biden Admin Moves Billions In ‘Silk Road’ Bitcoin It appears the Biden administration does not want former President Trump’s plan to enable a strategic bitcoin reserve to come to fruition (or at the very least, shrink the size of the reserve dramatically). 🚨PRESIDENT TRUMP: “I WILL KEEP […]
‘No One Is Above The Law’: Harris Backs Biden Proposals To Reform Supreme Court
‘No One Is Above The Law’: Harris Backs Biden Proposals To Reform Supreme Court In what marks a major shift for President Biden – the former head of the Senate Judiciary Committee who had long resisted calls to reform the high court – is calling for Congress to back his proposals for two significant changes […]
WSJ: Interest Rates Are a Distraction; Fed's Asset Holdings Hold Real Power
The focus on the Federal Reserve’s interest rate decisions is misplaced, as the real influence lies in the Fed’s massive asset holdings, which have significantly expanded since the 2008 financial crisis and the 2020 pandemic. While rate cuts are anticipated, the Fed’s balance sheet, now at $7.3 trillion, plays a crucial role in shaping financial […]
Heraeus Outlines Four Bullish Indicators for Gold's 2024 Outlook
Heraeus presents a bullish outlook for gold based on four key factors: the potential for a Trump presidency, expectations of a weaker dollar under a Republican administration, growing but not yet saturated speculative positions, and room for increased gold investment. These factors, including political uncertainty, reinflationary policies, and anticipated interest rate cuts, are seen as […]
Options Markets Signal Investor Unease Ahead of Pivotal Economic Week
Market volatility is increasing ahead of a crucial week featuring central bank decisions, major company earnings reports, and key economic data. Traders are positioning for potential Federal Reserve rate cuts, while also considering the possibility of a rate hike from the Bank of Japan. This has led to heightened activity in options markets, particularly for […]
Traders on Edge as Central Banks Prepare for Key Policy Decisions
Traders are anxious about the upcoming central bank meetings in Tokyo, Washington, and London, which are expected to provide crucial insights into global monetary policy. The Bank of Japan’s potential rate hike, along with anticipated rate cuts from the Federal Reserve and Bank of England, are key concerns. These decisions could significantly impact currency values […]
India's Gold Duty Cut Diminishes Dubai's Appeal for Shoppers
The recent reduction in customs duty on gold imports in India’s 2024 budget is expected to significantly alter the gold purchasing habits of Indian consumers, making it less attractive to buy gold from Dubai. This change narrows the duty differential, resulting in lower gold prices in India and boosting local gold jewelry production. Indian jewellers […]