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HomeU.S Market

U.S Market

Fed
Finance

New York Fed Survey Shows Credit Crunch Worries, Inflation Expectation Spike; Treasury Yields Jump

May 11, 2023 Mariel Alumit

The New York Fed’s March inflation forecasts added further upward pressure on Treasury bond yields and the dollar Monday as investors look to one final rate hike from the central bank next month in Washington following Friday’s […]

Price
Finance

Dow Jones Futures Rise After Nasdaq Hits 2023 High, But Curb Your Enthusiasm

May 11, 2023 Mariel Alumit

Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally closed mixed Wednesday, amid a tame CPI inflation report and a big move by Google parent Alphabet […]

Energy Crisis

Wind And Solar Aren’t Nearly Enough: Why Biden Is Suddenly Supporting Fossil Fuels

May 10, 2023 Mariel Alumit

Authored by Jude Clemente via RealClear Wire, “Progress towards an energy transition appears to be significantly lagging the optimistic projections and any reduction in government mandates and subsidies could make many investments unprofitable, and at […]

Price
Finance

Dow Jones Futures Rise: Airbnb, Celsius Lead Big Earnings Movers; Market Rally Awaits Inflation Report

May 10, 2023 Mariel Alumit

Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. Debt-ceiling talks got underway while the CPI inflation report is on tap Wednesday morning. Axon Enterprise (AXON), Airbnb (ABNB) and Celsius […]

macro
Finance

US Government May Freeze American Bank Withdrawals As Currency Panic and Capital Flight Mounts: Macro Guru Hugh Hendry

May 9, 2023 Mariel Alumit

Hedge fund manager and macro economic expert Hugh Hendry just issued a major warning on the US banking system and the American economy as a whole. In a new interview on Bloomberg Markets, Hendry says […]

market
Electrical Generation / Utilities

In the Southeast, where big utilities rule, calls for a real power market persist

May 9, 2023 Mariel Alumit

​ A report prepared for the South Carolina state legislature and released last week determined that a range of electric market and transmission reforms — including creating a new independent organization to run the electric […]

Finance

Regional Banks Rebound, But…

May 8, 2023 Mariel Alumit

Update: It appears some have read the actual Fed data after all as regional banks are now red…   Even PACW is fading fast now (from +33% to +2%)…   Having rallied early after suspending […]

Bankruptcy

California Defaults On $18.6 Billion In Debt, Saddling Employers With The Expense

May 8, 2023 Mariel Alumit

California’s recent decision not to pay back some $20 billion borrowed from the federal government to cover unemployment benefits during the pandemic will fall on the shoulders of employers, according to experts. California Governor Gavin […]

America
Opinion

The Ruination Of Great American Cities – intentional?

May 6, 2023 Mariel Alumit

Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours),  There was something deeply demoralizing about the recent Mayoral election in Chicago, once among America’s greatest cities. The good news is that the catastrophic […]

collapse
Finance

US banking crisis: Close to 190 banks could collapse, according to study

May 5, 2023 Mariel Alumit

With the failure of three regional banks since March, and another one teetering on the brink, will America soon see a cascade of bank failures? Bloomberg reported Wednesday that San Francisco-based PacWest Bancorp is mulling a sale. […]

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