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HomeZero Edge

Zero Edge

Diesel
Top News

US Diesel Shortage Increasingly Likely Until Economy Slows

October 28, 2022 Mariel Alumit

By John Kemp, Senior Market Analyst at Reuters U.S. diesel supplies are becoming critically low with shortages and price spikes likely to occur in the next six months unless and until the economy and fuel […]

Exxon
Exploration and Production

Exxon Reports Record, Blowout Earnings; Stock Soars To All-Time High

October 28, 2022 Mariel Alumit

The worse the tech wreck, the more the fuel – so to speak – for energy gains, and following what has been the worst quarter for megacap tech names, most of which have tumbled double […]

Inflation
Zero Edge

UMich Inflation Expectations Increase From September, ‘Hope’ Dips

October 28, 2022 Mariel Alumit

After ECI and Core PCE signaled no end to The Fed’s nemesis, this morning’s UMich survey (final data for October) is the last chance to show that inflation expectations are being managed before next week’s […]

Biden
Energy Crisis

Top Dems Urge Biden To Nationalize Oil & Gas Industry

October 28, 2022 Mariel Alumit

Authored by Michael Shellenberger via Substack, Calls for Biden to socialize industry have moved quickly from fringe to mainstream…   The energy crisis is worsening. The U.S. has fewer than 30 days of diesel and […]

Finance

US Pending Home Sales Collapsed In October, Weakest Since 2010

October 28, 2022 Mariel Alumit

Following the declines in new- and existing-home sales, analysts (unsurprisingly) expected to see pending home sales drop for the 10th month of the last 11. They were right BUT the magnitude was remarkable. Pending Home […]

Zero Edge

CNN Employee Reports CNN Employees Bracing For More Layoffs

October 28, 2022 Mariel Alumit

CNN staffers were notified by network boss Chris Licht that sweeping changes are ‘imminent,’ according to CNN‘s Oliver Darcy. In a Wednesday memo, Licht – who has been conducting a six-month business review as part […]

ECB
Zero Edge

This Morning’s Inflation Data Are A Reminder That Inflation May Not Give The ECB The Luxury Of Slowing Down

October 28, 2022 Mariel Alumit

By Bas van Geffen, Senior Macro Strategist at Rabobank The ECB hiked its rates by another 75bp as fully expected. Alongside the rate increase, the Council made a couple of adjustments to their statement. Most […]

Finance

The Firings Begin: Twitter CEO, CFO, & Top Censor Escorted Out

October 28, 2022 Mariel Alumit

As the bell tolls for the end of the first chapter of Twitter’s life as a deep state narrative-enabling machine, the firings have begun with Musk becoming ‘Chief Twit’.   Just minutes after the world’s […]

Price
International News

Japan Unveils $200 Billion Fiscal Stimulus To Fight Inflation; Will Do More QE To Fight Adverse Effects Of QE

October 28, 2022 Mariel Alumit

The JGB bond market, which has long been the pinnacle of MMT lunacy and a testament to a dying financial system, may be on its way out for good (read “One Bank Makes A Stunning […]

Crypto

Andreessen Horowitz Raised A $2.2 Billion Crypto Fund Just Months Before The Crash

October 28, 2022 Mariel Alumit

Andreessen Horowitz’s timing in investing in the crypto world arguably couldn’t have been worse. The firm, widely known as a major crypto bull, was the topic of a new Wall Street Journal piece this week […]

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