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Home2023June

Month: June 2023

Zero Edge

Futures Flat With S&P On Cusp Of Bull Market, Oil Jumps After OPEC Production Cut

June 5, 2023 Mariel Alumit

Futures are flat with oil jumping after OPEC+ cut output by an extra 1mm bpd in a unilateral move by Saudi Arabia taking its production to the lowest level for several years.At 7:30am ET, S&P […]

Zero Edge

Fake Debt Ceiling Fight Yields Fake Spending Cuts And A Credit Card With No Limits

June 5, 2023 Mariel Alumit

Authored by Michael Maharrey via SchiffGold.com, We have a debt ceiling deal. And the deal is there is functionally no debt ceiling until January 2025. When this drama all started back in January, I called […]

Geopolitical

Sanctions on Russia may not be working, we now know why

June 5, 2023 Mariel Alumit

On February 25, 2022, a day after Russia undertook a full-scale invasion of Ukraine, the European Union introduced unprecedented sanctions against the aggressor. The measures were intended to send a clear signal to Moscow that […]

Zero Edge

Another 52 Shot, 10 Murdered In Chicago This Weekend

June 5, 2023 Mariel Alumit

Authored by Ted Dabrowski and John Klingner via Wirepoints.org, How long will Chicago’s Mayor Brandon Johnson stick with his “violence as a symptom of disinvestment” explanation that was widely criticized?   His comments came last […]

Price
Investments

Dow Jones Falls, Apple Hits High On ‘Flex The Muscles Moment’; Oil Prices Rise On Saudi Cut

June 5, 2023 Mariel Alumit

The Dow Jones fell slightly in Monday morning trading, while the S&P 500 index and Nasdaq composite edged higher following last week’s big gains. Crude oil prices rose on a surprise Saudi Arabia production cut. […]

Investments

Biden Job Approval, Direction Of Country: IBD/TIPP Poll

June 5, 2023 Mariel Alumit

Each month, the IBD/TIPP Poll, a collaboration between Investor’s Business Daily and TechnoMetrica, produces an exclusive Presidential Leadership Index. In addition to tracking President Joe Biden’s job approval rating, the index combines results from several […]

Price
Investments

Biden Approval Rating Slides; Young Adults Turn Cool Amid Debt-Ceiling Deal

June 5, 2023 Mariel Alumit

President Joe Biden’s approval rating has fallen to its worst level of 2023 as younger voters, who will be key to his reelection chances, turn lukewarm, the new IBD/TIPP Poll finds. The June IBD/TIPP Poll […]

Price
Investments

ImmunoGen, Day One Surge On Cancer Drug Updates, But Arcus Crashes

June 5, 2023 Mariel Alumit

ImmunoGen (IMGN) and Day One Biopharmaceuticals (DAWN) unveiled promising cancer treatment updates over the weekend, leading IMGN stock and DAWN stock to soar Monday. Both updates came during the American Society of Clinical Oncology annual […]

Price
Investments

Stock Market Sleeps In Monday; Industrial Stock Jumps 50% On Deal News

June 5, 2023 Mariel Alumit

The major stock market indexes were slow to start the week, making only minor moves in the first hour of trading. Saudi Arabia announced additional oil production cuts over the weekend, lifting oil stocks. <span […]

Aljazeera International

Signalling system error led to deadly train crash: India official

June 5, 2023 Mariel Alumit

The derailment of trains in eastern India that killed at least 288 people and injured more than 800 was caused by an error in the electronic signalling system that sent them onto the wrong tracks, […]

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