Reuters ‘Shock Poll’ Finds Kamala Leading Trump, There’s Just One Catch…
Reuters ‘Shock Poll’ Finds Kamala Leading Trump, There’s Just One Catch… With the Democrat corporate media machine in full swing behind Kamala Harris following President Joe Biden’s shock announcement on Sunday that he’s abandoning his 2024 presidential campaign, it was only a matter of time before a ‘shock’ poll had her beating Trump in a […]
Trump Asks Appeals Court To Overturn $454 Million Civil Fraud Judgment
Trump Asks Appeals Court To Overturn $454 Million Civil Fraud Judgment Authored by Jack Phillips via The Epoch Times, Lawyers for former President Donald Trump on July 22 asked a New York appeals court to overturn the $454 million New York civil fraud judgment that was handed down earlier this year. In court papers filed […]
‘Worst Since COVID Lockdowns’ – Regional Fed Surveys Plunged In July
‘Worst Since COVID Lockdowns’ – Regional Fed Surveys Plunged In July It was ugly in macro-land today with existing home sales crashing (as home prices hit record highs). But a couple of Regional Fed surveys really laid an egg… First out of the gate was the Philly Fed Services Activity Survey, which puked in July […]
Tesla Earnings Preview: Financials, Robotaxis, Cybertruck, Musk’s Pay Plan In Focus
Tesla Earnings Preview: Financials, Robotaxis, Cybertruck, Musk’s Pay Plan In Focus Tesla is set to report earnings after the bell today, with the street expecting a hefty EPS drop and 2% revenue decline. Sellside consensus expects Tesla’s Q2 earnings per share to drop 33% to 61 cents, with sales dipping to $24.38 billion. Here are […]
Signs Of Severe Credit-Card And Auto-Loan Stress In Generation Z
Signs Of Severe Credit-Card And Auto-Loan Stress In Generation Z Authored by Mike Shedlock via MishTalk.com, The economy is slowing and that will hit the zoomers first and the hardest, especially renters… Shaky Ground The idea for this post comes from the Wall Street Journal article American Borrowers Are on Shakier Ground. Years of higher inflation […]
Goldman still bullish on gold, China underpinning demand outlook By Investing.com
Goldman Sachs remains bullish on gold, driven by expectations of potential Federal Reserve rate cuts and strong, consistent demand from China. Despite rising U.S. interest rates, which typically lower gold prices, structural changes in the Chinese market and significant gold purchases by China’s central bank are creating a robust outlook for gold. Goldman Sachs forecasts […]
Blowout 2Y Auction Sees Record Foreign Buyers, Yields Slide
Blowout 2Y Auction Sees Record Foreign Buyers, Yields Slide Ahead of next week’s FOMC meeting, when consensus expects no surprises from Powell ahead of a September rate cut, the same can not be said for today’s first of the week coupon auction, when demand for $69BN in 2Y notes (with 5Y and 7Y auctions on […]
The Party Of ‘Democracy” Will Now Choose Your Candidate For You
The Party Of ‘Democracy” Will Now Choose Your Candidate For You Authored by Ryan McMaken via The Mises Institute, On Sunday, July 21, President Biden dropped out of the 2024 presidential campaign via a text-only post on Twitter/X. Less than an hour later, Biden – also via a text-only post on Twitter/X – endorsed vice president […]
‘I Lost My Son’: Musk Says He Was Tricked Into Approving Puberty Blockers
‘I Lost My Son’: Musk Says He Was Tricked Into Approving Puberty Blockers Elon Musk has condemned so-called “gender-affirming care” practitioners for effectively “killing” his son — by tricking the billionaire into authorizing puberty-blocking treatments out of fear the then-teenager would otherwise commit suicide. In remarks made Monday, Musk said the devastating experience fueled his commitment […]
3 Supreme Court Justices Recuse 2nd Time In Case Accusing Them Of Wrongly Rejecting 2020 Election Lawsuit
3 Supreme Court Justices Recuse 2nd Time In Case Accusing Them Of Wrongly Rejecting 2020 Election Lawsuit Authored by Matthew Vadum via The Epoch Times (emphasis ours), The Supreme Court refused on July 22 to rehear a lawsuit that was filed against three justices because they rejected a previous lawsuit aimed at lawmakers who certified […]