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HomeZero Edge

Zero Edge

Zero Edge

Key Events This Week: GDP Revised Lower; PCE And Durables On Deck

September 25, 2023 Mariel Alumit

This week one of the main highlights will take markets through what DB’s Jim Reid calls “a full on Back to the Future and Quantum Leap (his favorite show as a teenager) moment” as the-every-5-years […]

People

Texas Deploys More Buses To Ship Illegal Immigrants To “At Capacity” Sanctuary Cities

September 25, 2023 Mariel Alumit

Texas has expanded the scale of operations to transport illegal immigrants out of the state, adding two distressed border towns to the growing list of departure points for fleets of buses filled with illegal border-crossers. […]

Climate Crisis

AOC Wants To Sell Her Tesla For Union-Made EV

September 25, 2023 Mariel Alumit

To remain relevant this week as President Biden heads to the picket line to support United Auto Workers, ultra-liberal New York Representative Alexandria Ocasio-Cortez told CBS’s Face the Nation on Sunday that she intends to […]

Finance

The Dangerous Myth Of Soft Landing

September 25, 2023 Mariel Alumit

If we search the news from 2007, we can find plenty of headlines with the IMF and the Federal Reserve predicting a soft landing. No one seemed to worry about rising imbalances. The main reason […]

Jobs

Premature Celebration: Ford Says Still “Significant Gaps” To Close In UAW Negotiations

September 25, 2023 Mariel Alumit

Celebrations about UAW progress with Ford over the weekend were likely premature as Ford said late on Sunday that there were still “significant gaps to close” in negotiations with the United Auto Workers union. Ford […]

Zero Edge

Robert Menendez Broke The ‘Goldilocks Rule’ Of Corruption

September 25, 2023 Mariel Alumit

Below is my column in The Hill on the indictment of Senator Robert Menendez for bribery, again. As predicted in this column, his colleagues are now expressing disgust at his corruption. However, make no mistake […]

Geopolitical

First US Abrams Tanks Arrive In Ukraine, Officials Admit They “Risk Being Destroyed”

September 25, 2023 Mariel Alumit

Ukrainian President Volodymyr Zelensky has confirmed reception of the first delivery of US Abrams battle tanks, after President Biden last week made it clear they would finally arrive within days of his meeting with Zelensky […]

Zero Edge

Evergrande Former CEO And CFO Arrested As Insolvent Property Giant Misses Payment On $550MM Onshore Bond

September 25, 2023 Mariel Alumit

It has been another stormy day for China’s property sector which plunged 7%, erasing all gains since the Nov 2022 lows… … driven by the latest collapse in (insolvent) Evergrande shares which, after soaring on […]

Finance

Cash Will Be No Refuge Under CBDCs

September 25, 2023 Mariel Alumit

The world is headed toward Central Bank Digital Currencies (CBDCs) and everybody knows it, even the people who don’t want them (which at the moment looks to be most people). But the policy-makers have deigned […]

Zero Edge

Harold Hamm Urges Consistency In US Oil And Gas Regulation

September 25, 2023 Mariel Alumit

Shale pioneer Harold Hamm, the founder of Continental Resources, has called for the uncertainty in U.S. oil and gas regulations to end so that the industry can have clearer advance plans on drilling and production […]

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