The ECB hiked rates by 75bps as expected but the somewhat dovish language sent Bund yields (-25bps) and EUR lower on the day. 10Y Bund yields tumbled back below 2.00%… Source: Bloomberg EUR back below […]
By Peter Tchir of Academy Securities With today’s big drop in the GDP Price Index (from 9% to 4.1% vs expectations of 5.3%), it seemed like a good day to do an inflation dumpster dive. […]
Mark Zuckerberg’s social media empire is collapsing after Meta shares crashed 24.5% from Wednesday’s close, sliding to the 98-handle late in the Thursday cash session, after dismal third-quarter earnings. Today’s crash is the second-largest drop […]
“Russia is not challenging the western elite. We are not trying to become the hegemon,” Russian President Vladimir Putin said early in an important speech before the Valdai Discussion Club meeting outside Moscow on Thursday. […]
Authored by Mark Tapscott via The Epoch Times (emphasis ours), If there is a House Republican majority when the 118th Congress convenes on Jan. 3, 2023, it will launch an onslaught of congressional investigations to […]
The White House issued an unusual claim late in the day Wednesday, alleging that Russia may be advising Iran on how to better crackdown on protesters. “We stand with the brave citizens and the brave […]
Who could have seen this coming? Well, all our readers for one… Back In July, we wrote “Democrats Prepare To Unleash Hell On Fed Chair Powell For The Coming Recession“, in which we laid out […]
While there has been much speculation Credit Suisse Group AG could be the next Lehman — the 2nd largest Swiss bank, desperate for billions of dollars in fresh capital, has unveiled a restructuring plan: multi-billion […]
By Michael Msika, Bloomberg Markets Live reporter and analyst The nascent rally in European stocks is facing a hurdle later today if the region’s policy makers dash hopes for a slower pace of rate hikes. […]
META shares are down a stunning 23% from Tuesday’s close after last night’s earnings signals Zuckerberg’s ‘Reality Labs’ moneypit is growing with the second straight quarter of revenue declines from the year earlier (after the […]
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