Evening Headlines
Bloomberg:
- Macron Floats Big Bank Mergers to Transform EU.
- Chinese Stocks Stage a Rally That’s Yet to Convince Global Funds.
- Oil Steadies as Traders Look to OPEC Report and Inflation Data.
- NYSE President Sees More US Companies Pursuing Public Offerings.
- Five Things You Need to Know to Start Your Day: Asia.
Zerohedge:
- Hedge Funds Hammered As 'Roaring Kitty' Returns; Bitcoin & Black Gold Bid.
- Jen Psaki Claims Biden Never Looked At Watch, Suggests Gold Star Parents Lied.
- UN Unleashes Controversy, Accusations Of Deception, Over 'Revised' Gaza Casualty Data.
- "Combat Illegal Corporate Behavior" - Dem Lawmakers Urge Biden To Use Executive Action Against High Food Prices.
- 'I Gave Up Shame Years Ago': Clinton Denounces Trump For Doing What She Did In 2016.
- Pro-Israel PAC Guns For Massie - Did Speaker Johnson Encourage Attack?
- Will The Fed Lose Control?
- Systematic Swings, Big Buybacks and Well bid VIX.
- Leftists Triggered By Trump Policy To Potentially Execute Child Sex-Traffickers.
- Fast Casual Dining Foot Traffic "Plummets" Across New York-New Jersey As Consumer Cracks.
- US stocks lacked firm direction ahead of upcoming key events - Newsquawk Asia-Pac Market Open.
- Mayor Johnson Deepens Concerns About What Side He Will Be On If DNC Protesters Become Lawbreakers And Challenge Cops.
- Trump Tells Massive Crowd: "Day One" Executive Order Will Target Offshore Wind To Save Whales.
- Squeezed For Decades, America's Working Class Is Finally Up Against The Wall.
- China's Broadest Credit Metric Just Turned Negative For The First Time Since 2005.
- Bonds and stocks chop to NY Fed & AI ahead of key risk events - Newsquawk US Market Wrap.
Wall Street Journal:
- Melinda French Gates Resigning From the Gates Foundation.
- Investors Crowd Into Soft-Landing Trade Ahead of Inflation Data.
- New Florida Law Roils Its Condo Market Three Years After Surfside Collapse.
- Suddenly There Aren’t Enough Babies. The Whole World Is Alarmed.
- The Random Path to Stock-Market Riches.
- Washington Tries to Break Power Grid Logjams.
- Stubbornly High Rents Prevent Fed From Finishing Inflation Fight.
CNBC.com:
MarketWatch.com:
- The economy could be heading toward 1970s-style stagflation. What it means for the stock market.
- Roaring Kitty rides again: GameStop’s meme-stock rally shows ‘gamification’ may be back.
- Home prices are overvalued in much of the U.S. — with these 5 states leading the list.
- Nvidia’s stock can soar 50% more as earnings power still isn’t priced in: HSBC.
- A recession could trigger a U.S. debt crisis, Wall Street economists warn.
- Dining out is increasingly a domain of the wealthy. Restaurants are feeling it.
Newsmax:
Fox News:
TheGatewayPundit.com:
- “Attorney-Client Privilege Out the Door with This Guy” – Scumbag Michael Cohen Plays Secret Recording of Conversation He Had with Trump in NYC Courtroom (VIDEO).
- Renowned Attorney John Eastman Delivers Blistering Speech on Illegitimate 2020 President Election – John Describes Complete Breakdown of the Election Process Like No Other (FULL VIDEO).
- Left-Wing ‘Fact Checker’ Snopes Reverses Course and Fact-Checks Themselves — Forced to Admit Ashley Biden’s Diary Is REAL
- Bill Gates Has Gone VAX-CRAZY… You Won’t Believe His New Idea | Beyond the Headlines.
- Democrat-Run California Imposes Secret 50-Cent Per Gallon Gas Tax.
- NEW: Board of Trustees at UNC-Chapel Hill Votes to Abolish DEI Funding – Trustee Cites American Flag Incident on Campus in Explaining His Vote (Video).
- Cartels’ Grip on Mexican Elections: Government Will Not Stop Drugs to US.
- 9-Year-Old White Christian Child Savagely Beaten on Minnesota School Playground Because “She Wasn’t Muslim”.
- BOMBSHELL: Dr. Peter McCullough Reveals Drs. Were Being BRIBED To Push Vax | Beyond the Headlines.
- “My Goodness Gracious!” – CNN Freaks Out Over Latest Poll Numbers Showing President Trump Leading in 5 of 6 Swing States – Including Nevada by 13 Points!
- The Department of Defense Continues to Hypocritically Deny Military Service Members Medical and Religious Exemptions for Vaccines.
- ‘Gender Equality Dean’ Caught on Camera Running Interference for Terror-Supporting Groups on Campus.
- Tom Cotton: Biden’s Position Is for a ‘Hamas Victory’.
The Epoch Times:
- @newstart_2024
- @wideawake_media
- Remember when they outlawed fresh air and sunshine, in the name of "health"? It never had anything to do with a virus, and everything to do with seizing totalitarian control. Never forget. (pic)
- When climate cultists let their mask slip... It's really an anti-human death cult, masquerading behind the facade of "environmentalism". (pic)
- 2020: The year the entire planet became a giant insane asylum, almost overnight. Never forget. (video)
- @EndWokeness
- Secretary General of Guatemala suggests that the Biden Administration is trying to shut his child trafficking probe at the US border. Watch this entire interview. It's terrifying. (video)
- @WallStreetApes
- American Tax Payers, This Is MIND BLOWING Joe Biden’s ONE WEEK SPENDING Is Just $20 Billion Shy Of What Barack Obama Spent During 2 Full Terms In Office “This past week alone, the Biden admin spent $875.3 billion on regulatory issues and 4.7 million on paperwork. In context, This is just $20 billion less than what President Obama spent during two complete terms in office.” New Report from former Director of the Congressional Budget Office: Biden Admin spending quote, “Jaw-dropping regulatory record” Comparison: Biden has spent over $1.37 trillion Trump spent 30.1 billion Barack Obama spent 303.1 billion. (video)
- @profstonge
- CBDC is the monetary version of Covid lockdown, but forever.
- The 2023 bank crash was far bigger than 2008. The difference? In 2008 they had to come begging for a couple trillion. In 2023 tens of trillions are on auto-pilot. (graph)
- @BGatesIsaPsycho
- “You tell me folks - what is it?”. (video)
- @WarClandestine
- @amuse
- @WallStreetSilv
- Fake meats ... Fake synthetic coffee ... Blocking out the sun ... Just put Bill Gates in jail and half the worlds problems are solved.
- @ImMeme0
- Whatever you do, do NOT share this video of the Trump rally in NJ because it triggers liberals. (vdieo)
- Swiss lawyer Philipp Kruse at the European Parliament for the ECI citizens initiative challenges the WHO on their pandemic treaty – opposing the imposition of a global dictatorship of WEF and Gates. (video)
OpenVAERS:
- VAERS US COVID Vaccine Adverse Event Reports. 1,010,545 Reports(+992 from prior report) Through April 26th, 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
Morning Preview Links
BOTTOM LINE: Asian indices are mostly lower, weighed down by consumer and financial shares in the region. I expect US stocks to open modestly lower and to rally into the afternoon, finishing mixed. The Portfolio is 75% net long heading into the day.
- Asian equity indices are -.5% to +.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 98.5 -1.25 basis points.
- China Sovereign CDS 63.75 -1.0 basis point.
- China Iron Ore Spot 116.9 USD/Metric Tonne -.2%.
- Bloomberg Emerging Markets Currency Index 39.7 +.03%.
- Bloomberg Global Risk-On/Risk Off Index 67.2 +4.4%.
- Volatility Index(VIX) futures 14.5 -.18%.
- Euro Stoxx 50 futures -.06%.
- S&P 500 futures -.01%.
- NASDAQ 100 futures -.08%.
BOTTOM LINE: Asian indices are mostly lower, weighed down by consumer and financial shares in the region. I expect US stocks to open modestly lower and to rally into the afternoon, finishing mixed. The Portfolio is 75% net long heading into the day.