Global Food Prices Jump Most In 18 Months As Supermarket Inflation Storm Worsens
Global Food Prices Jump Most In 18 Months As Supermarket Inflation Storm Worsens The world could be on the cusp of another food inflation shock as the benchmark for world food commodity prices recorded the fastest monthly increase in 18 months in September. A perfect storm of war in Eastern Europe and broadening conflicts in the […]
Election Outcome Presents Opportunity For Investors
Election Outcome Presents Opportunity For Investors Authored by Lance Roberts via RealInvestmentAdvice.com, As the November 2024 election draws near, the election outcome will profoundly affect the financial markets. Whether Donald Trump or Kamala Harris wins the presidency, each administration will bring distinct policies creating investment opportunities and potential risks for investors. With a divisive political landscape, […]
Ayatollah Khamenei Clutches Rifle, Threatens To Hit Israel’s Energy Sites If It Retaliates
Ayatollah Khamenei Clutches Rifle, Threatens To Hit Israel’s Energy Sites If It Retaliates Iran on Friday issued its own counterthreats in the wake of several reports saying Israel is readying a major response to the Oct.1st Iranian ballistic missile attack. The Biden administration is said to be in consultations with Israel’s security cabinet on the […]
Payrolls Reaction – Wow!!!!!
Payrolls Reaction – Wow!!!!! Authored by Peter Tchir via Academy Securities, Trying to break this report down on live TV was quite easy. Everything pointed to strength. Total jobs great! The beat was entirely in the private sector, which is where we want to see the jobs created. UPWARD revisions. A substantial positive revision is […]
Elon Musk To Attend Trump Rally At Site Of Attempted Assassination
Elon Musk To Attend Trump Rally At Site Of Attempted Assassination Authored by Zachary Stieber via The Epoch Times, Elon Musk said on Oct. 3 that he will attend former President Donald Trump’s upcoming rally in Butler, Pennsylvania. “I will be there to support!” Musk wrote on X, the social media platform that he mostly […]
Spirit Shares Crash After WSJ Says Airline Exploring Bankruptcy Filing
Spirit Shares Crash After WSJ Says Airline Exploring Bankruptcy Filing Who could have seen this coming? Game over Spirit Airlines Explores Bankruptcy Filing: WSJ https://t.co/TCpVkPFbVX — zerohedge (@zerohedge) October 3, 2024 Shares of Spirit Airlines crashed in premarket trading in New York after a Wall Street Journal report revealed that the struggling airline has been in discussions with bondholders […]
Blowout Payrolls: Sept 254K Jobs Soar Above Highest Estimate, Unemployment Rate Drops And Wages Spike
Blowout Payrolls: Sept 254K Jobs Soar Above Highest Estimate, Unemployment Rate Drops And Wages Spike It turns out that Powell’s “emergency” 50bps rate cut was – drumroll – another major policy mistake by the Fed. Moments ago, the BLS reported that at a time when prevailing consensus was for jobs to continue their recent downward […]
DoJ/SEC Back Class-Action Lawsuit Against Nvidia In Supreme Court
DoJ/SEC Back Class-Action Lawsuit Against Nvidia In Supreme Court Authored by Jesse Coghlan via CoinTelegraph.com, The United States Justice Department and the Securities and Exchange Commission told the Supreme Court that an Nvidia investor class-action lawsuit alleging the tech company misrepresented its sales to crypto miners should be greenlit. Nvidia and the investor group have […]
Equity Futures, Bond Yields, Oil All Rise Ahead Of Key Jobs Report
Equity Futures, Bond Yields, Oil All Rise Ahead Of Key Jobs Report US futures and European stocks fluctuated ahead of today’s jobs report that will help determine the path for interest rates. As of 8:00am, S&P futures are 0.3% higher, reversing earlier losses, with small-caps leading. Nasdaq futures rise 0.4% with AMZN and TSLA notable […]
EU Slaps Up To 45% Tariff On Chinese-Made EVs As “Economic Cold War” Risks Soar
EU Slaps Up To 45% Tariff On Chinese-Made EVs As “Economic Cold War” Risks Soar Bloomberg reports that EU member states have voted to slap tariffs of up to 45% on Chinese-made electric vehicles, ignoring warnings from some members that this dangerous move risks sparking an “economic cold war” with Beijing. The European Commission, the bloc’s executive […]