Inflation Erodes Trust in Major Consumer Brands
Public dissatisfaction with inflation is impacting the reputation of major consumer brands like Walmart, McDonald’s, and Amazon. Despite price increases slowing, their effects linger, causing declines in trust scores for various industries, including clothing, quick-service restaurants, and grocers, as reported by the Axios Harris Poll 100. The phenomena of sticker price hikes and “shrinkflation” have […]
$7.7 Billion in Student Debt Canceled for 160,500 Borrowers Under New Biden Plan
The Biden administration announced the cancellation of $7.7 billion in student debt for 160,500 borrowers, focusing on public servants and participants in the new SAVE repayment program. This effort is part of a broader initiative to provide relief after the Supreme Court blocked a previous loan forgiveness plan, bringing the total forgiven to $167 billion […]
US Treasuries Lose Edge Over Gold as Safe-Haven Investment
For decades, US Treasuries have outperformed gold as a safe investment. However, this trend is shifting due to growing debt concerns. While bonds have traditionally been favored for their steady income and backing by the US economy, recent years have seen declining returns, with the Bloomberg Treasury Total Return Index dropping 11% from its 2020 […]
Vaccine Stocks Erupt After Bird Flu Cases Reported In US & Australia
Vaccine Stocks Erupt After Bird Flu Cases Reported In US & Australia Shares of vaccine companies surged on Wednesday following two reports of human bird flu infections, one in the US and another in Australia. The federal government is closely monitoring the rising risk of human-to-human transmission, which has yet to be seen. On Wednesday, […]
Ranking Trump’s Vice-Presidential Options
Ranking Trump’s Vice-Presidential Options Authored by Sean Trende via RealClearPolitics, Playing the Veepstakes guessing game is often a losing one for analysts. Vice-presidential selection is ultimately a highly personal choice, and it is simply too difficult to venture into the mind of one individual and mimic their thought process. Perhaps more importantly, Republican presidential nominees […]
Copper Prices Stabilize After Sharp Decline Amid Inflation Concerns
Copper prices stabilized after experiencing their biggest drop in nearly two years. The decline followed an all-time high of over $11,000 per ton, driven by profit-taking and reduced demand from Chinese factories unwilling to pay record prices. The drop was also influenced by hawkish comments from Federal Reserve officials regarding inflation. Despite this, China’s commitment […]
‘Unified Reich’ Hoax One Of The Most Blatantly Dishonest Attacks On Trump Yet
‘Unified Reich’ Hoax One Of The Most Blatantly Dishonest Attacks On Trump Yet With a brand new set of polls showing Donald Trump leading in six of seven swing states, establishment media has stooped to new levels of transparent dishonesty in a desperate effort to derail his campaign. The latest example? An all-out hoax that had […]
Boeing Shares Hit Turbulence After CFO Says Q2 Deliveries Will Be Similar To Q1 Amid Regulatory Limbo In China
Boeing Shares Hit Turbulence After CFO Says Q2 Deliveries Will Be Similar To Q1 Amid Regulatory Limbo In China Boeing CFO Brian West confirmed at an industry conference Thursday morning that plane deliveries to China would be delayed due to Chinese regulatory reviews and stated that there would be no increase in second-quarter commercial jet deliveries compared to the first quarter. BOEING DELIVERIES […]
Political Shellshocks Loom For Markets
Political Shellshocks Loom For Markets By Michael Every of Rabobank Shellshock Yesterday, the RBNZ held hawkishly and talked about a rate hike, with no cuts seen until end-2025. The UK’s inflation numbers were awful both headline and core, with services CPI at around 6%: yet the BOE evidently wants to cut rates as soon as […]
Baby Boomers' $76 Trillion Savings Shield US from Recession
According to market expert Ed Yardeni, one group has injected $76 trillion in savings into the economy and are primarily responsible for helping prevent a recession: Baby Boomers. Their increased spending on services like restaurants, travel, and healthcare is boosting payrolls and incomes, countering traditional recession indicators that focus on the goods economy. Yardeni argues […]