Hidden Agendas: Beware Of The Government’s Push For A Digital Currency
Hidden Agendas: Beware Of The Government’s Push For A Digital Currency Authored by John & Nisha Whitehead via The Rutherford Institute, “The greatest tyrannies are always perpetrated in the name of the noblest causes.” – Thomas Paine The government wants your money. It will beg, steal or borrow if necessary, but it wants your money […]
IDF Prepares Ground Invasion Of Lebanon, Calls Up Reserve Brigades
IDF Prepares Ground Invasion Of Lebanon, Calls Up Reserve Brigades After Hezbollah’s launch of an Iran-made ballistic missile on Tel Aviv, a first of the war which we detailed earlier, Israel is preparing to activate two reserve brigades for ongoing operations on its ‘northern front’ with Lebanon. A fresh statement by the Israel Defense Forces […]
Agency REITs For A Bull Steepener
Agency REITs For A Bull Steepener Authored by Michael Lebowitz via RealInvestmentAdvice.com, In our recent two-part series on the yield curve (Part One Part Two) we discussed the four predominant yield curve shifts and what they imply about economic activity and monetary policy. Additionally, given the current bullish steepening trend of the yield curve, we provided […]
Morgan Stanley’s Jonas Downgrades GM, Ford, Other Autos, On Chinese Supply, Rising Delinquencies
Morgan Stanley’s Jonas Downgrades GM, Ford, Other Autos, On Chinese Supply, Rising Delinquencies Shares of auto names were under pressure to start the day on Wednesday after Morgan Stanley’s Adam Jonas cut a majority of the sector in a broad note explaining new risks in a note out overnight. Jonas downgraded names like GM, Ford, […]
Buffett Dumps More BofA Shares As Stake Nears Key 10% Non-Reporting Level
Buffett Dumps More BofA Shares As Stake Nears Key 10% Non-Reporting Level 94-year-old Warren Buffett’s Berkshire Hathaway has been steadily offloading Bank of America shares over the past several months. The latest data from Bloomberg reveals that Berkshire sold millions more in recent days, bringing its stake closer to the 10% regulatory threshold, after which it will no longer […]
“If Hezbollah Collapses, It Opens The Curtains On Israel Vs. Iran”
“If Hezbollah Collapses, It Opens The Curtains On Israel Vs. Iran” By Michael Every of Rabobank “Is our presidents and economists learning?” President George W. Bush once bewailed: “Rarely is the question asked: ‘Is our children learning?’” With radical ideas thrown around by Harris and Trump pre-election, economists are asking the same about presidents. However, […]
WTI Leaks Lower As Crude Inventories Hit Lowest Since March 2022
WTI Leaks Lower As Crude Inventories Hit Lowest Since March 2022 Oil pries are lower overnight, despite API reporting an across the board inventory draw, as traders weigh up whether China’s new stimulus measures will translate to higher energy demand in the world’s biggest oil importer. Geopolitics also remained in focus as Iranian President Masoud […]
The Future Of The Fed
The Future Of The Fed Authored by Jeffrey Tucker via The Epoch Times, By dropping rates dramatically only a month and a half before an election, the Fed is playing with fire. The election, by all visuals, would seem to pit the establishment against an insurgent populist movement. Regardless of the countercyclical motives, it’s a […]
Despite Tumbling Mortgage Rates, US New Home Sales Dropped In August
Despite Tumbling Mortgage Rates, US New Home Sales Dropped In August New home sales in the US tumbled 4.7% MoM in August (though slightly less than the 5.3% drop expected) after July’s huge 10.3% MoM jump (revised down from +10.6%) Source: Bloomberg On a YoY basis, new home sales were up 9.8% (but down to […]
Hezbollah Fires First Ballistic Missile On Tel Aviv, Targets Mossad Headquarters
Hezbollah Fires First Ballistic Missile On Tel Aviv, Targets Mossad Headquarters Yesterday marked a first where Hezbollah targeted an Israeli naval base south of Haifa with a missile salvo. And today marks another new major first: Israel says it has intercepted a Hezbollah ballistic missile aimed at Tel Aviv. It marks a first of the […]