US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb) At first glance the 0.5% MoM decline in US Industrial production (considerably worse than than the 0.1% MoM rise expected – and dragging YoY growth in IP down to +0.74%) is bad news… suggesting immediate impacts from the war are being felt […]
Sotomayor Apologizes After Criticizing Kavanaugh Over Immigration Case Authored by Tom Gantert via The Epoch Times, U.S. Supreme Court Associate Justice Sonia Sotomayor apologized in a statement for comments she recently made about Associate Justice Brett Kavanaugh. “At a recent appearance at the University of Kansas School of Law, I referred to a disagreement with
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“The Roaring 2020s Are Back”: S&P Futures Hit New Record With Nasdaq Up 12 Straight Days On Iran Truce Optimism Stock futures are edging higher on continued optimism about an extended truce in the Middle East, while Taiwan Semi’s solid results have sparked another leg higher in AI trade. As of 8:15 am ET, S&P
Despite ‘Survey’ Sadness, Jobless Claims Slide Near Historic Lows The number of Americans filing for jobless benefits for the first time fell to just 207k (below the 213k expected and down from the prior 209.25k) – back near its lowest levels in 5 years (and trend towards its lowest level in 50 years)… Source: Bloomberg
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Fire Erupts At Major Australian Refinery, Amplifying Fuel Shock As “Green” Killed Refining Buffer Australia’s failed “green” domestic energy policies had already sparked a fuel-supply shock shortly after the U.S.-Iran conflict disrupted tankers at the Hormuz chokepoint. Now, a fire has broken out at the larger of Australia’s two remaining oil refineries, adding even more
From Trucks To Tanks: Pentagon Looks To Automakers To Rebuild America’s Arsenal With two active conflict areas in Eurasia – the Russia-Ukraine conflict in Eastern Europe and the U.S.-Iran theater in the Gulf – the world is moving deeper into a war cycle. The latest indicator is not only that militaries around the world are
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Goldman Sachs To Use Options Strategy For Planned Bitcoin Income ETF Authored by Nate Kostar via CoinTelegraph.com, Goldman Sachs has filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin-linked exchange-traded fund designed to generate income while limiting exposure to the cryptocurrency’s volatility, according to a preliminary prospectus dated April 14. The proposed Goldman
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New Hungarian Prime Minister Says Borders Will Remain Shut To Immigrants In the wake of Viktor Orbán’s election defeat, one of the greatest fears among conservatives in the region is an unconstrained EU able to take action on foreign policy, health, and immigration without the threat of a veto. It is widely assumed that the
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Speculation Explodes Following Disappearance Of 10th Expert With UFO And Nuclear Secrets Authored by Steve Watson via Modernity.news, Following the revelation that yet another government contractor with links to nuclear secrets and suspected dark project UAP information has vanished, speculation as to what exactly is going on has massively intensified. The case of Steven Garcia,
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Zelensky Goes Full “Lord Of War” As Ukraine Pitches Battle-Tested War Robots To Highest Bidder Ukrainian President Volodymyr Zelensky took the stage and stated that Ukraine’s military-industrial base has created some of the world’s most advanced unmanned platforms, already deployed against Russia and forever changing how warfare is conducted. “For the first time in the