Today's Headlines
Bloomberg:
- Hard-Landing Dread Eclipses Brief Rally in Emerging Stocks.
- Australia Inflation Accelerated Further From 5.1%, Chalmers Says.
- How China Is Reviving Tools for Hedging Credit Risk.
- US May Allow More Iran Oil to Flow Even Without Deal, Says Vitol.
- Russia Hits Kyiv With Missiles; Putin Warns West on Arms.
- Lifting Tariffs on Goods May Make Sense, US Commerce Chief Says.
- Bitcoin Miners Are Selling Tokens as Prices Linger Near Lows.
Wall Street Journal:
- Progressive Prosecutor Movement Tested by Rising Crime and Angry Voters.
- ‘Friend-Shoring’ Might Be Bad for Global Growth, Inflation.
- Macy’s, Gap and Other Stores Are Stuck With the Wrong Stuff.
- A Rise in Suicides by Young Children Leaves Families Searching for Answers.
- The Uvalde Police Scandal. Students inside were calling 911 and begging for help. The officers stayed outside for almost an hour during the mass shooting.
- Gun Reform Legislation Makes Progress in Senate.
- Which Stocks Do Best During High Inflation?
CNBC:
- Top Wall Street analysts are gaining more confidence in these stocks.
- Investors set their sights on inflation report as bear market rally falters.
- Fed’s Mester says inflation hasn’t peaked, half-point rate hikes needed.
- Beijing to allow indoor dining, further easing Covid curbs.
- Why the global soil shortage threatens food, medicine and the climate.
Zero Hedge:
- The Top 10 Creepiest & Most Dystopian Things Pushed By The World Economic Forum.
- Elon Musk Wonders Why DOJ Hasn't Leaked Epstein Client List - And Media Doesn't Care.
- The Great Robo-placement? Workplace Robot Orders Jump 40% In First Quarter.
- Diesel Once Again Racing Higher Than Prices For Crude Oil, Gasoline.
- Anti-Green Blowback: ESG Funds Suffer Biggest Monthly Outflows On Record.
- There's No Immediate Cure For Sky-High Gasoline Prices.
- Israel Warns It Will Use "Right To Self-Defense" To Keep Nukes Out Of Iran.
- Goldman: June Op-Ex Is "A Literally Massive, Repeat Massive" $3.2 Trillion.
- Former Judge Killed In "Targeted" Attack Against Judicial System, Officials Say.
- The 'Absurd Market' Hypothesis.
- Cost Of Getting Hammered In UK Soars 70% Since 2008.
- Escobar: Bilderberg Does China, Realizes "The Chessboard Sucks".
- Red Flag Gun Laws Set The Stage For Selective Disarmament Of Conservatives.
- Watch: An Enraged Peter Navarro Describes Being Arrested And Shackled Over Misdemeanor J6 Indictment.
- Watch: Tucker Carlson Warns "Disarming You Is The Point" Of Biden Gun Control Push.
- The Hamptons Summer Rental Market Is Collapsing.
- "The Options Are Looking Pretty Bleak": California Gas Prices Sprint Past $6 Per Gallon As Mendocino Station Approaches Double Digits.
NewsMax:
TheGatewayPundit.com:
- Pizza Hut Goes ‘Full Woke,’ Recommending Drag Queen Books For Kids As Young As Five.
- UPDATE: Investigation Reopened into Mysterious Death Of Clinton Advisor Linked To Jeffrey Epstein – Was Found HANGING FROM TREE WITH SHOTGUN BLAST TO CHEST.
- Watch: Woke England Team Booed by 35,000 Hungarian Fans Mostly Children For Taking the Knee Before Saturday’s Defeat.
- Obama Judge Amy Totenberg Sealed Halderman Report Showing Material Voting Machine Issues in Georgia – This Week CISA Released Junk Rebuttal to Report Still Not Released.
- Russia Threatens Direct Attacks on Western Cities for Providing Long-Range Missiles to Ukraine.
- 74 PERCENT of Baby Formula Products Are OUT OF STOCK – Babies Are Starving – While Joe Biden Hits the Beach.
- The Democratic Friendly New York Times Changes It’s Tune On The Nation’s Crime Surge.
- BIDEN ENERGY CRISIS: Sunday Gas Prices SURGE TO $4.85 per Gallon – Another New Record! – Up Nearly 4¢ Overnight.
- Another Mass Shooting in a Big ‘Progressive’ City Leaves 3 Dead and 11 Others Wounded.
- Missouri Secretary of State John R. Ashcroft Issues Statement on Vulnerabilities of Dominion Voting Systems.
- REPORT: John Deere Moving Part Of Production From Iowa To Mexico.
- Teen Who Mowed Down Mom and Infant Sentenced to “Juvenile Probation Camp” Thanks to Marxist Los Angeles DA George Gascon.
- Children Invited on Stage to Perform with Drag Queens in 21+ Gay Bar in Dallas (VIDEO).
- Kyle Rittenhouse to Potentially Sue Facebook’s Zuckerberg and ‘At Least 10’ Other Prominent Figures and Companies.
OpenVAERS:
- VAERS US COVID Vaccine Adverse Event Reports. 825,453 Reports(+4,666 from prior week) Through May 27th, 2022.
SKirsch.com:
- Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.
Covid-19(Data, Maps, Graphs):
- Our World in Data: New Global Covid-19 Cases(7-day rolling average graphs). New US Covid Hospital Admissions/ICU Admissions/Deaths
- FT.com: Fully Vaccinated by Country(graph). Global Lockdown Stringency Index(map).
- Bloomberg.com: International Travel Restrictions. Case Graphs by State.
- NYTimes.com: County Trends and Clusters. Local ICU Occupancy.
- Brown School of Public Health: Covid Severity by State/County(map). US Hospital Capacity(region).
- CovidActNow: Covid Severity/Infection Rate by Metro Area.
- KFF: US Vaccinations by Race/Ethnicity.
- Carnegie Mellon: Covid-Like Symptoms in Community. Covid Symptom Searches on Google. Covid-Related Dr.Visits. Restaurant Visits. Wearing Masks. (graphs)
- Safegraph.com: Commerce Patterns(graphs).
- COVID Money Tracker. Tracking the Covid response.
Earnings of Note
Company/Estimate
Before the Open:
Before the Open:
- (SAIC)/1.77
After the Close:
- (COUP)/.05
Economic Releases
- None of note
Upcoming Splits
- None of note
- The China Services PMI report, Annual ASCO meeting, (AAPL) WWDC, William Blair Growth Stock Conference, KBW Keefe Bruyette Woods Regional Bank Conference, Goldman Travel/Leisure Conference and the Baird Consumer Tech/Services Conference could also impact trading today.
- 9:30 am - 4:00 pm EST
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