Today's Headlines
Bloomberg:
- US Makes Asia Inroads by Playing Down Need to Side Against China.
- Lockdown Fears Linger as Beijing Says Harder to Control Cluster.
- China Alarms US With New Private Warnings to Avoid Taiwan Strait.
- China Warns of Risk of War Over Taiwan While Pledging Peace.
- Ukraine Latest: Russian Forces Seek to Cut off Sievierodonetsk.
- UK Faces Up to a Recession in All But Name as Living Costs Surge.
- UK’s Kwarteng Calls For Urgent Review of Retail Fuel Market.
- Stocks, Bonds Fall on Inflation Shock; Yen Slumps: Markets Wrap.
- Oil Extends Losses as Investors Weigh US Inflation, China Demand.
- If You Thought the Tech Rout Was Bad, Spare a Dime for Retailers.
- Summers Cites Recession Risk With Inflation at New 40-Year High.
- New Treatment ‘Increases Chance of Survival’ for Prostate Cancer Patients.
- Crypto Extends Tumble Into Weekend After US Inflation Data.
- Inflation Thunderbolt Primes Stocks, Bonds for More Volatility.
- ESG Fund Bosses Hit by ‘Reckoning’ as Goldman, DWS in Crosshairs.
Wall Street Journal:
- Earnings Are Under Threat, Darkening Outlook for Stocks.
- How High Gas Prices Are Driving Inflation.
- Sizzling Prices Complicate Fed’s Inflation-Fighting Strategy.
- ‘Peak Inflation’ Keeps Peaking. Progressive economic policies are crushing low-wage workers.
- Cannabis and the Violent Crime Surge. Heavy marijuana use among youths is leading to more addiction and antisocial behavior.
- Russia Sanctions Could Bail Out These Bankers.
- Japan’s Yen Takes Beating in Global Market Rout.
- Some Ads Play on Streaming Services Even When TV Is Off.
- China Defense Minister Says Nuclear Buildup Is Justified.
- How one woman stood up against Smith College's descent into racial indoctrination and identity politics.
- Charlie Kirk to launch 'Turning Point Academy' in bid to reject CRT, 'wokeism' in schools.
- Princeton moves to fire tenured professor who criticized school's woke politics.
- The real cure for the 'woke mind virus' is in colleges and universities: Steve Hilton.
- Stacey Abrams on board of foundation awarding millions to professors pushing prison abolition, CRT.
CNBC:
- Walmart launched a lot of apparel and home brands. Now, that strategy will be put to the test.
- ‘Stop smearing’ China: Defense minister accuses U.S. of creating ‘conflict and confrontation’.
- Millennials and Gen Zers do want to buy homes—they just can’t afford it, even as adults.
Zero Hedge
- 'Made-For-TV' Jan. 6 Hearings Are Ratings Disaster.
- European Auto Industry Decries EU Ban On Petrol Cars.
- Crypto's bloody weekend.
- Sentiment & Positioning do not scream a bottom.
- Studies Highlight Potential Long-Term Impacts Of COVID-19 Pandemic On Teens.
- Visualizing The Global Decline Of Fertility Rates.
- Military Official Predicted mRNA COVID-19 Vaccines Might Be Paused Over Heart Inflammation.
- Australian Housing Expected To Drop By 15% According To Country's Largest Bank.
- Biden's Homeland Secretary Lied About Disinformation Board: Whistleblower Documents.
- Labor Union Threatens US Foods With "Work Stoppages," Could Impact East Coast Restaurants.
- Why Progressives Love Government "Experts".
- Fed Warns Biden Admin: Price Controls Should Stay In The History Books.
- Michigan Sheriff's Department Reduces 911 Call Responses Due To "Exhausted" Funds For Gas.
- Federal Judge Blocks Biden Administration Restrictions On Immigration Arrests.
- Starbucks CEO Considers Walking Back 'Open Bathroom' Policy To Protect Customers.
- Does Biden's Solar Tariff Waiver Help China?
- The Inflation Crisis Is Worse Than Admitted – Will Interest Rates Go To Record Highs?
NewsMax:
- Rep. Norman: Jan. 6 Hearing 'Complete Disaster' for Dems.
- RNC's McDaniel Jan. 6 'Lights, Camera, Distraction'.
- Dershowitz: Schumer May Be 'in Trouble' for Incitement.
TheGatewayPundit.com:
- FLASHBACK: 11 Months Ago, Biden Said ‘No Serious Economist’ Believed Inflation Was Coming (VIDEO).
- Largest Pork Company in the US Shuts Down California Plant Due to High Costs.
- US Department of Defense Finally Comes Clean – Admits in Public Document that There Are 46 US-Funded Biolabs in Ukraine.
- Biden Told Kimmell ‘We Have the Fastest-Growing Economy in the World,’ Another Obviously False Statement from the Cognitively Declining President.
- WATCH: Bill Maher Slams NYT For Ignoring Kavanaugh Assasination Attempt, ‘If It’s Not Part Of Something That Feeds Our Narrative, F*** It’.
- Literally NO ONE Is Watching Joe Biden White House Videos – The Viewership Is Abysmal – Pathetic.
- SPERRY: FBI Chief Comey Misled Congress’s ‘Gang of 8’ Over Russiagate, Lisa Page Memo Reveals.
- Dinesh D’Souza Dares Jan. 6 Committee to Air His Movie “2000 Mules” at Public Hearing and Try to Refute It.
OpenVAERS:
- VAERS US COVID Vaccine Adverse Event Reports. 829,308 Reports(+3,855 from prior week) Through June 3rd, 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.
Night Trading
- Asian indices are -2.75.% to -1.5% on average.
- Asia Ex-Japan Investment Grade CDS Index 126.75 +12.75 basis points.
- China Sovereign CDS 80.75 +4.5 basis points.
- Bloomberg Emerging Markets Currency Index 50.96 -.25%.
- Bloomberg Global Risk-On/Risk Off Index 4,817.0 -92.0 points.
- Volatility Index(VIX) futures 30.3 +4.2%.
- Euro Stoxx 50 futures -1.67%.
- S&P 500 futures -1.44%.
- NASDAQ 100 futures -2.0%.
Earnings of Note
Company/Estimate
Before the Open:
Before the Open:
- None of note
After the Close:
- (ORCL)/1.38
Economic Releases
- None of note
Upcoming Splits
- None of note
- The UK GDP report, Wells Fargo Streaming/Connectivity Conference, Goldman Sachs Healthcare Conference and the BIO International Convention could also impact trading today.
- 9:30 am - 4:00 pm EST
No comments:
Post a Comment