Futures Slide As Bond Yields Spike To 3 Week High
Futures Slide As Bond Yields Spike To 3 Week High US futures are weaker with tech and small caps underperforming after the NDX made a new ATH yesterday on the back of the relentless Nvidia meltup. The weakness has been driven by surge in yields, a result of the latest batch of hawkish Fed remarks, […]
ConocoPhillips Announces $22.5 Billion Deal To Acquire Marathon Oil
ConocoPhillips Announces $22.5 Billion Deal To Acquire Marathon Oil Hours after the Financial Times reported that ConocoPhillips is in “advanced talks” to acquire Marathon Oil, ConocoPhillips announced at 0700 ET it entered into a definitive agreement to acquire Marathon in an all-stock deal valued at $22.5 billion. This move continues the recent surge of energy dealmaking […]
Is The Federal Reserve Just Winging It?
Is The Federal Reserve Just Winging It? Authored by Mike Maharrey via Money Metals, Are the central bankers at the Federal Reserve just winging it? It sure seems that way if you step back and take a long view of their decision-making. Fed officials project this aura of authority. You might imagine them as hyper-intelligent […]
Business Exodus Continues: China’s Cofco Has Enough With Crime-Ridden Downtown Detroit
Business Exodus Continues: China’s Cofco Has Enough With Crime-Ridden Downtown Detroit Out-of-control violent crime across downtown Detroit has forced Cofco International Ltd., the trading arm of China’s largest food company, to shift operations outside the metro area to safer suburbs. Bloomberg spoke with those familiar with the plans to relocate Cofco outside the metro area. They said the […]
Momentum Cools Just As Indexes Hit Record Highs
Momentum Cools Just As Indexes Hit Record Highs By Jan-Patrick Barnert, Bloomberg Markets Live reporter and strategist After a surprisingly speedy return to all-time highs this month, upward momentum for European stock indexes is once again cooling. While market internals are still positive, the Stoxx 600 went overbought again in mid-May. Europe’s benchmark hasn’t been […]
Knock On Wood
Knock On Wood Submitted by QTR’s Fringe Finance With every year that passes by, I try to talk less unadulterated sh*t about individuals in the financial industry. I understand that when you point one finger forward, three more point back at you and, to be honest, many of the people I’ve criticized over the years […]
5 Reasons To Sign Up For Your Digital ID
5 Reasons To Sign Up For Your Digital ID Authored by Nicole James via The Epoch Times, Digital ID is the newest marvel of modern ingenuity, poised to revolutionise life in Australia. But fear not for digital ID is not mandatory—yet. It’s just like the vaccine that wasn’t mandatory, until it was, sort of. Will […]
Yen May Ironically Get Help From The Fed Of All Places
Yen May Ironically Get Help From The Fed Of All Places By David Finnerty, Bloomberg Markets Live reporter and strategist The dollar-yen’s very near-term risks remain skewed towards rising further, but the yen may get a welcome reprieve from the Federal Reserve in two weeks, not the Bank of Japan. The Japanese currency remains under […]
Study Finds Intermittent Fasting Protects Against Liver Inflammation And Cancer
Study Finds Intermittent Fasting Protects Against Liver Inflammation And Cancer Authored by Ayla Roberts via The Epoch Times (emphasis ours), A new study has found that intermittent fasting may protect against liver inflammation and even liver cancer. The study, conducted at the German Cancer Research Center and the University of Tübingen and published in the […]
How The War Redirected Ukraine’s Grain Exports
How The War Redirected Ukraine’s Grain Exports Russia’s invasion of Ukraine and the temporary blockage of its Black Sea ports have redirected the flow of grain from “the world’s breadbasket”. One of the world’s leading producers of wheat, corn and vegetable oils, Ukraine shipped much of its grain internationally prior to the war, with seven of […]