Futures Rise After Record Gamma Surge As Europe Slides Deeper Into Recession
Futures Rise After Record Gamma Surge As Europe Slides Deeper Into Recession Futures are higher with both tech and small-caps outperforming as a record $9 billion surge in dealer gamma stabilizes markets and buoys the ongoing meltup despite the start of buyback blackout. As of 8:00am, S&P futures are up 0.1%, hovering near record highs […]
Zelenskyy Begins Busy US Week With Tour Of Pennsylvania Ammo Plant
Zelenskyy Begins Busy US Week With Tour Of Pennsylvania Ammo Plant Ukrainian President Volodymyr Zelenskyy has a packed schedule this week in the Northeast and Mid-Atlantic US. On Sunday, he toured an ammunition factory in Scranton, PA. He is set to address the UN General Assembly’s annual gathering in New York on Tuesday and Wednesday, followed by a meeting in […]
SEC Slip-Up Hints At Fresh Financial Fears
SEC Slip-Up Hints At Fresh Financial Fears Authored by Adam Sharp via DailyReckoning.com, Oops. Last week the SEC accidentally published internal commentary along with a speech by Chair Gary Gensler. Here’s one of the comments which was mistakenly included. I strongly recommend that a sentence be placed here (or somewhere [sic] in the first part […]
The Future Of Finance? Fintech Startup Launches AI ETF That Emulates Buffet, Druckenmiller, And Tepper
The Future Of Finance? Fintech Startup Launches AI ETF That Emulates Buffet, Druckenmiller, And Tepper You knew it was coming… A new chatbot-powered exchange-traded fund (ETF) aimed at replicating the investment prowess of Wall Street titans has been launched by Minneapolis-based Intelligent Alpha. The Intelligent Livermore ETF (LIVR) is built around portfolio decisions generated by […]
Argentina Sends More Gold To London
Argentina Sends More Gold To London Authored by Jan Nieuwenhuijs via MoneyMetals.com In July, the Central Bank of Argentina (BCRA) shipped another 3 tonnes of gold to the U.K. to swap for foreign exchange. A month prior, BCRA also transported 3 tonnes to the U.K. BCRA is now estimated to have 37 tonnes (60% of Argentina’s […]
Why App-Based Jobs Don’t Pay Like They Used To
Why App-Based Jobs Don’t Pay Like They Used To Authored by Austin Alonzo via The Epoch Times (emphasis ours), More Americans than ever are turning to the so-called gig economy—providing services ranging from taxi services to grocery deliveries, often through digital platforms—either on the side or as a career. The marketplace, however, is no longer […]
Global Coal Consumption Is Still Soaring…
Global Coal Consumption Is Still Soaring… Despite efforts to decarbonize the economy, global coal consumption surpassed 164 exajoules for the first time in 2023. The fossil fuel still accounts for 26% of the world’s total energy consumption. In this graphic, Visual Capitalist’s Bruno Venditti shows global coal consumption by region from 1965 to 2023, based on data […]
Has The EU Suddenly Realized How Much It Has Screwed Itself Over?
Has The EU Suddenly Realized How Much It Has Screwed Itself Over? Via Kitco News, “History doesn’t repeat itself, but it often rhymes,” is a popular quote attributed to Mark Twain, and is an important concept to think about with the current state of the world amid ramping geopolitical tensions and deteriorating economic conditions. Roughly […]
VW Could Cut Up To 30,000 Employees In Germany
VW Could Cut Up To 30,000 Employees In Germany The German giant is simply no longer selling enough cars… German car manufacturer Volkswagen (VW) could cut up to 30,000 jobs of its 300,000 employees in Germany in a restructuring, according to Manager magazine. As Liz Heflin reports via Remix News, even VW’s 13,000 employees in research […]
Lavrov Explained What Russia Hopes To Achieve By Talking About Its Red Lines
Lavrov Explained What Russia Hopes To Achieve By Talking About Its Red Lines Authored by Andrew Korybko via Substack, Lavrov gave an insightful interview to Sky News Arabia in which he explained what Russia hopes to achieve by talking about its red lines. The Mainstream Media (MSM) is convinced that they’re meaningless and that all such ones […]