Today's Headlines
Bloomberg:
- Japan’s Exports Grow Most Since 2022 on Boost from Weak Yen.
- Hedging Versus Yen Rise by Japan’s Insurers Falls to Decade Low.
- China Will Struggle to Undo US Dominance.
- Vietnam Welcomes Putin in Boost to Ties, Ignoring US Criticism.
- European Stocks Struggle to Build on US Tech Rally.
- Oil Steadies as Brent’s Volatility Subsides to a Multiyear Low.
- Fed Officials Urge Patience on Rate Cuts, Offer Hints on Timing.
- Car Dealerships Across US Halt Services After Cyberattack.
- Hedge Fund Talent Schools Are Looking for the Perfect Trader.
- The Dirty Secret Behind Electric Cars.
- Citi Sees AI Displacing More Finance Jobs Than Any Other Sector.
- Five Things You Need to Know to Start Your Day: Asia.
Zero Hedge:
- The Problem With Juneteenth.
- The Music Just Stopped: Japan Banking Giant Norinchukin To Liquidate $63 Billion In Treasuries & European Bonds To Plug Massive Unrealized Losses.
- "Taking Our Extra Time": Boeing Delays Starliner's Return To Earth Amid Thruster Issues.
- Japan To Issue Bonds With Shorter Maturities As BOJ Begins Tapering QE.
- Jim Jordan Weighs In On House Resolution Nullifying Bannon, Navarro Charges.
- Juneteenth News Round Up - Newsquawk Asia-Pac Market Open.
- 'This Is Noah' - The Short Story Of A Fentanyl-Addicted Child In Utopian Hellhole San Francisco.
- What Recession: NYC Targets Crackdown On $250 To $1000 Dinner Reservation Resellers.
- Modi's Nod To Closer Ties With Taiwan Suggests India's Evolving 'Act East Policy'.
- White House Fuming, Cancels Meeting With Israelis, After Netanyahu's Public Scolding.
- Dell, SMC, Nvidia To Build Elon Musk's Grok Supercomputer In Memphis.
- Snitches Give Stitches: Oregon Moves To Make Reporting Microaggressions Mandatory For Doctors.
- Ecuador Suspends China Visa Deal Amid Flood Of US-Bound Migrants.
- The Woke Movement Is Actually Corporate Enslavement – The Culture War Is A Fight To Stop It.
- Muddy Waters' Carson Block Makes Bullish Bet On Mining Stocks.
- Soaring SOX - From Oversold to Overbought.
- Democrats Play The Blame Game On Rent Inflation.
- Putin & Kim Sign Pact Vowing Mutual Defense If Attacked.
- Expensive Incompetence: US Giving Up On $230 Million Gaza Air Pier.
- US Markets May Be Closed But Tech Stocks Continue To Melt Up.
- Germany Moves Closer To AfD Ban, Green Claims Party Is "Security Risk For People & Democracy".
- Ryanair CEO: "It's A Complete Scam, These People Are Not Refugees".
- Macron's Idiotic Ukraine Policies Have Paved Way For Triumph Of The French Right.
- APAC stocks mostly firmer, DXY & Crude contained; UK CPI due - Newsquawk Europe Market Open.
- How (And Why) Bird Flu Is About To Enter The "Mass Testing" Phase.
- Loper Bright Enterprises V. Raimondo: The Supreme Court Battle Against The Administrative State.
- Sullivan Greenlights Ukraine Cross-Border Attacks Beyond Kharkiv Region With US Arms.
- Not A Single American Has Received Biden's High-Speed Internet Despite $42.5 Billion Funding In 2021: FCC Commissioner.
- Kansas Sues Pfizer, Says Company 'Misled' Public On COVID-19 Vaccine.
- Ozempic Fuels 'Downsize Me' Trend As Slimmed Down Americans Hunt For New Clothes.
- "We're Currently Watching The Collapse" Of The Daily Beast As 70% Of Unionized Staffers 'Gutted'.
- Are Pump-Prices About To Surge Again? API Reports Gasoline Inventory Draw.
- On The Edge Of The Programmable Ledger: CBDCs.
- The Glue Binding Democracy And A Free Economy Has Melted.
Wall Street Journal:
- Nvidia’s Ascent to Most Valuable Company Echoes Dot-Com Boom.
- ‘I Felt Shameful and Fearful’: Teen Who Saw AI Fake Nudes of Herself Speaks Out.
- At $25 Each, Cigarettes Are Turning Gaza Aid Trucks Into Targets.
- Reversing a Credit-Card Charge Has Never Been Easier—or More Abused.
- Soaring U.S. Debt Is a Spending Problem. Revenue is stable, but outlays are reaching new heights as a share of GDP.
- Russia Says It Is Awaiting U.S. Response on Prisoner Swap.
- Regional Banks Want to Slim Down. Hedge Funds Smell a Bargain.
- The Four-Day Workweek: How It’s Working at Two Companies.
- Xi Signals More Military Purges in Call for Corruption Crackdown.
CNBC:
- OpenAI co-founder Ilya Sutskever announces his new AI startup, Safe Superintelligence.
- Mortgage demand flattens even as interest rates hit the lowest level since March.
- Family films led by ‘Inside Out 2’ could reignite the box office.
- Russia and North Korea sign partnership deal that includes mutual defense pact, Putin says.
- Israel warns Lebanon of prospect of ‘all-out war’ as U.S. seeks to de-escalate hostilities.
- Advertising is now a ‘meritocracy’ in the wake of social media, Resy co-founder Gary Vaynerchuk says.
MarketWatch.com:
- U.S. stocks remain a sweet spot at the half-year mark, says Société Générale.
- Juneteenth stock-market pause precedes potential end-of-week trading flurry. What investors need to know.
- France and U.K. elections loom. One of them may be a big problem for markets.
Fox News:
TheGatewayPundit.com:
- ‘I Will Endeavor to Stay Alive’: Elon Musk Reveals There Were Two Failed Assassination Attempts Against Him.
- MI Senator Goes OFF on Dirty Democrats After They Pass Bills Making It Impossible For Board of Canvassers To Investigate Election Fraud in Crooked State of MI [VIDEO].
- Courtroom Gasps After Ecuadorian Illegal Alien Who Raped 13-Year-Old NYC Girl Claims He Recorded the Attack.
- EXCLUSIVE: Before Transferring to DA Bragg’s Office, Biden DOJ Bad Actor Matthew Colangelo Shut Down All 2020 Election Investigations.
- GOP Reps. Introduce Resolution Without Senate Approval to Nullify Subpoenas for Bannon, Navarro, Scavino, and Meadows — Declare January 6th Committee Illegitimate.
- Biden Regime Sends FBI to Intimidate Nurse Who Blew the Whistle on Texas Children’s Hospital’s Child Sex-Change Program (VIDEO).
- Mayorkas Callously Denies Responsibility For Illegal Alien Who Crossed Biden’s Open Border and Murdered Maryland Mother-of-Five Rachel Morin (VIDEO).
- Solar Co. Collapses, Customers Furious as Dems’ Favorite Power Source Leaves Homeowners High and Dry.
- Milei To Implement Hardcore Security Measures Inspired by El Salvador’s Bukele to Combat Criminal Gangs.
- Climate Cultists Vandalize 3,500 Year-Old Rock Formations at Stonehenge to Battle Global Warming.
- Joe Biden and Kamala the Cackler Parade Cast of Queer Eye Inside the White House as World Burns.
- Non-Violent J6er Julio Baquero III, Diagnosed With Stage 4 Gastric Cancer While in the Gulags, Has Passed Away.
- Former Major Fundraiser for Obama Deserts Democrats and is Now Backing Donald Trump (VIDEO).
- REPORT: City of Seattle Now Recruiting Illegal Immigrants to Become Police Officers.
- Mark Cuban Embarrasses Himself with Reality-Denying Attempt to Defend Biden Amid Backlash.
- ANOTHER ONE: EV Start-Up Fisker Files For Bankruptcy.
- BOOM! PRESIDENT TRUMP Is Up 18 Points in Bellwether Iowa! – Makes You Wonder What His Real Numbers are in Neighboring Minnesota and Wisconsin?
The Epoch Times:
- Chinese Nuclear-Powered Submarine Surfaces in Taiwan Strait.
- US Approves New $360 Million Arms Sale to Taiwan for Drones, Related Equipment.
- China on Track to Lose 15,000 Millionaires in 2024: Report.
Around X:
- @WallStreetSilv
- California’s $20 minimum wage “Boomerang” wipes out tens of thousands of jobs and hikes prices on customers who were already struggling. Chipotle is now planning another 9% price hike in California — it’s 5th hike in 2 years. One study put the additional cost at $250,000 per outlet. And with 80% of consumers already seeing fast food as a luxury, they simply can’t pay it. Many locations are shutting down — especially in California’s heIIscape cities. Those who remain are investing in kiosks or machines to replace the workers for good. Government's own research shows minimum wages kiII jobs and hike prices. But they keep doing it. (video)
- @WallStreetApes
- There’s A Very Real Possibility Of Gavin Newsom Entering The 2024 Presidential Race Due To Joe Biden Being Brain Dead. Tucker explains the truth about Newsom running for President and that California elections are rigged for him. Tucker Carlson “I know Gavin Newsom. You know, I think a lot about Gavin Newsom, many different things about Gavin Newsom. But one thing I know for a fact about Gavin Newsom is he has the capacity to beat a lie detector test. (video)
- @stkirsch
- New Zealand Rugby Star Dies Suddenly Aged 25 After Reported 'Medical Event'. I have never seen so many of these events in my entire life. And I’m 67 years old.
OpenVAERS:
- VAERS US COVID Vaccine Adverse Event Reports. 1,011,672 Reports(+1,127 from prior report) Through May 31st, 2024.
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
- Asian indices are -.5% to +.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 98.75 -1.5 basis points.
- China Sovereign CDS 66.5 -.75 basis point.
- China Iron Ore Spot 107.8 USD/Metric Tonne +.6%.
- Bloomberg Emerging Markets Currency Index 39.3 -.02%.
- Bloomberg Global Risk-On/Risk Off Index 60.1 +2.4%.
- Volatility Index(VIX) futures 14.3 -.3%.
- Euro Stoxx 50 futures -.02%.
- S&P 500 futures +.12%.
- NASDAQ 100 futures +.28%.
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