Evening Headlines
Bloomberg:
- Widening US-China Rate Gap Set to Weigh on Yuan’s Resilience.
- Tokyo Inflation Slows Further Ahead of BOJ Leadership Shift.
- Finland Clears Last Obstacle to NATO Entry With Turkish Nod.
- Asia Stocks Rise, Set to Extend Quarterly Rally: Markets Wrap.
- Oil Heads for Weekly Surge as Iraqi Supply Disruption Continues.
- Transcript: Matt King Sees a $1 Trillion Liquidity Drain Coming to Markets.
- Trump Indictment Is Going to Make US Politics Even More Divisive.
- White House Proposes Tougher Bank Rules After Crisis.
- Manhattan Office Vacancy Hits Record as Landlords Add Space.
- NYC Mayor Urges Wall Street Cooperation to Get Workers Back to Offices.
- Bed Bath Warns of Bankruptcy Risk in $300 Million Offering.
- Five Things You Need to Know to Start Your Day.
Wall Street Journal:
- ‘Hurry Up and Get It Done’: Norfolk Southern Set Railcar Safety Checks at One Minute
- Biden’s Inflation Reduction Act Betrayal. Instead of implementing the law as intended, his administration subverts it for ideological ends.
- Nine Soldiers Killed in Black Hawk Helicopter Crash.
- U.S. Considers Asking Black Americans on Census if They Are Slave Descendants.
- Small Banks Are Losing to Big Banks. Their Customers Are About to Feel It.
CNBC.com:
MarketWatch:- Tech stocks back as a haven? ‘It’s a mistake,’ say market analysts.
- Virgin Orbit stock plunges after report says company will cease operations.
- Wall Street bonuses fall by the most since 2008 as policy makers mull economic impact.
- Piles of commercial real-estate loans at banks may be worth only 77 cents on the dollar, or less.
Zero Hedge:
- Democrats Said No One Is Coming To Take Your Gas Appliances – They Lied.
- "This Is Political Persecution": Trump Rages, DeSantis 'Won't Extradite', McCarthy Cries 'Injustice' Over Indictment.
- North Carolina College To 'Revise Policies' After Drag Queen Lap Dances On Teenage Girl.
- Libs Of TikTok Confronts AOC For Violating Committee Ethics Rules - Her Response Is Predictable.
- FTC Complaint Targets OpenAI's ChatGPT, Calls For Suspension Of New 'Bias Reinforcing' Chatbot Deployment.
- BlackRock's Larry Fink And The New Post-ESG Realism.
- Twitter Restricts Conservative Accounts Over 'Trans Day Of Vengeance' Posts.
- Huge Block Of Gulf Of Mexico Auctioned For Oil Drilling, Infuriating Biden's Climate Activists.
- Belief In Traditional American Values Plummeting: WSJ Poll.
- US stock markets were mostly higher as tech strength persisted - Newsquawk Asia-Pac Market Open.
- Watch: Austrian Lawmakers Stage Mass Walkout During Zelensky Speech.
- Stubborn squeeze frustration.
- Unique Quarter-End Situation Emerging.
- Fed Balance Sheet Dips As Deposit-Run Eases While Bankers Blast Biden's Premature Re-Regulation.
- Disney Pulled Fast One On DeSantis, Used 'Royal Lives' Clause To Preserve Power.
- Stocks extend gains despite bank weakness and haven strength - Newsquawk US Market Wrap.
- While We're Obsessing About The Economy & The Fed, Society Is Unraveling.
- Gold Gains As Banks Buckle Again, Dollar Dumped.
Newsmax:
TheGatewayPundit.com:
- BREAKING: Trump Expected to Surrender to Manhattan DA’s Office Early Next Week.
- Ronna McDaniel Issues WEAK Statement in Response to Trump Indictment.
- BREAKING: Trump Responds to Indictment — ‘THIS IS AN ATTACK ON OUR COUNTRY — THE LIKES OF WHICH HAS NEVER BEEN SEEN BEFORE’.
- Whoopi Wears Sick, Anti-Christian Sweatshirt on ‘The View’ in Wake of Slaughter of Christian Kids.
- McCarthy Trolls Joe Biden and Blasts Lefty Reporters During Presser After Republicans Pass Bill to Lower Energy Prices (VIDEO).
- TRAGIC: Teen Pokémon Player Disqualified From Tournament Over “nervous” Laugh When Asked What His Pronouns Are.
- Insurrection! Leftists STORM TENNESSEE CAPITOL Chanting “No Action, No Peace!” – After Trans Maniac Goes on Christian School Mass Shooting Spree (VIDEO).
- Steve Scalise Blasts Biden Energy Policy: ‘He’s not against oil, he’s just against American oil!’ (VIDEO).
- ABSURD: Activists Tell California Reparations Committee That $5 Million Per Person isn’t Enough.
The Epoch Times:
Twitter:
- @zerohedge - Bombshell Vax Analysis Finds $147 Billion In Economic Damage, Tens Of Millions Injured Or Disabled.
- @Breaking911 - KJP: "Our hearts go out to the trans community — as they are under attack right now." (video)
- @C_Barraud - Wild Stock Market Reversals Put Dip-Buyers on Pace for Historic Year - Bloomberg. (graph)
- @gatewaypundit - Grim Milestone: Jan. 6 Political Prisoner Jake Lang Has Now Been Held in Prison for 800 Days Without a Trial.
- @ChuckCallesto - BREAKING NOW: left-wing protesters STORM Tennessee capital.
- @MarketWatch - Commercial mortgages are a big $3.1 trillion share of bank holdings: Goldman Sachs.
- @ImMeme - Taliban is thanking U.S. for all its new military vehicles. (video)
- @VigilantFox - ‘These Numbers Look Horrific’: Work Absence Rates Are Off the Charts — And It’s Only Gotten Worse. “Something’s going on with our workforce that we’ve never seen before. And it’s gone so far above trend — it’s a health concern.”
OpenVAERS:
- VAERS US COVID Vaccine Adverse Event Reports. 943,911 Reports(+1,877 from prior week) Through March 10th, 2023.
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.
Night Trading
Morning Preview Links
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and industrial shares in the region. I expect US stocks to open modestly higher and to maintain gains into the afternoon. The Portfolio is 75% net long heading into the day.
- Asian equity indices are -.25% to +.75% on average.
- Asia Ex-Japan Investment Grade CDS Index 134.75 - basis points.
- China Sovereign CDS 77.0 - basis points.
- China Iron Ore Spot 124.4 USD/Metric Tonne -.8%.
- Bloomberg Emerging Markets Currency Index 47.9 +.02%.
- Bloomberg Global Risk-On/Risk Off Index 55.90 +2.0%.
- Bloomberg US Financial Conditions Index -.38 -7.0 basis points.
- Volatility Index(VIX) futures 20.9 +.11%.
- Euro Stoxx 50 futures +.24%.
- S&P 500 futures +.32%.
- NASDAQ 100 futures +.40%.
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and industrial shares in the region. I expect US stocks to open modestly higher and to maintain gains into the afternoon. The Portfolio is 75% net long heading into the day.
No comments:
Post a Comment