Today's Headlines
Bloomberg:
- Austrian Leader Nehammer to Meet Putin in Moscow After Kyiv Trip.
- Ukraine Economy to Fall 45% in 2022, Russia 11%, World Bank Says.
- Ukraine Update: Zelenskiy Says He Expects New War Front in East.
- Marine Le Pen Calls on the French to Unite Against Macron.
- 2022 French Election Live Results.
- Euro’s Advance Signal Relief at French Vote Though Risk Remains.
- Stocks Set for Steady Open; Euro Up on French Vote: Markets Wrap.
- Oil Slips as China’s Worsening Outbreak Raises Demand Concerns.
- Amazon’s Drone Delivery Program Is Hit by Crashes and Safety Concerns.
- Apple Sets the Date for Another Virtual WWDC — Here’s What to Expect.
- Fed’s Mester Sees U.S. Inflation Rate at More Than 2% Into 2023.
Wall Street Journal:
- Social Media Offers a Trove of Information for Medical Researchers.
- Ukraine, Russia Gear Up for Biggest Battles of Conflict.
- Latest Updates on the War.
- How Hospitals Are Using AI to Save Lives.
- Driving Into Danger, Ukrainian Truckers Deliver Food, Cargo and Aid.
- Fleeing Putin, Thousands of Educated Russians Move Abroad.
- Europe Debates How to Cut Purchases of Russian Oil.
- High Gas Prices Fuel Fight at FedEx, Uber Over Who Will Pay.
- Recession Risk Is Rising, Economists Say.
- School Reopening Mess Drives Frustrated Parents Toward GOP.
- Bank Deposits Could Drop for First Time Since World War II.
- Six Reasons Why Stocks Are Rallying.
- In Austin, Texas, Battle Looms Over What Police Did During Protests.
- President Biden expected to make big move on guns as pressure grows to crack down on violent crime.
- NBC panel predicts how Dems' 'culture wars' messaging will backfire.
CNBC:
- War crime charges won’t deter Putin, as evidence of Russian atrocities mounts.
- Ukraine tells U.S. bureaucracy is no excuse for failing to give weapons, ammunition.
- How Amazon plans to fix its massive returns problem.
- JetBlue is cutting its summer schedule to avoid further flight disruptions.
- Top Wall Street analysts say these stocks are the best for long-term growth.
Zero Hedge:
- Baby Formula Shortage Hits Walgreens As Rationing Begins.
- Hedge Fund CIO: "We Have Never Experienced An Economic Cycle That Looks Anything Like This".
- California's High Power Prices Could Derail Liberal EV Dream.
- The Fed Can't Fix The Economy, But It Can Break It.
- The Commodity-Currency Revolution Begins...
- Bonds: Are We There Yet?
- Robert Malone Says He Will Sue New York Times Unless It Corrects 'Defamatory' Article.
- Canada Will Soon Be Offering Doctor-Assisted Death For People Who Are Mentally Ill.
- Longtime Disney Cast Member Speaks Out: 'We Are Ashamed To Work For This Company'.
- Euro Opens Stronger After French Election 1st Round Signals Macron Leading Le Pen Into Runoff.
- 'Brushing Teeth With The Boss' - Shanghai Workers Describe Weeks Spent Living At The Office.
- Long-Term Oil Prices Beginning To Reflect The Coming Oil Shortage, Part 2.
- Ron Paul Is Not A Fan Of Joe Biden's New World Order Aspiration.
- Growing Number Of States Changing How They Report COVID-19 Hospitalizations.
- "We Are Starving To Death": Shanghai Residents Under Lockdown Shout At Visiting Vice Premier.
- Elon Musk Is Officially Trolling Twitter.
- Goldman: "Is The Recession Signal Once Again Hiding In Plain Sight?".
- French Head To Polls As Macron On Shaky Ground, But Reports Of Lower Than Expected Turnout.
- Biden's Regressive Inflation Tax & The Money Illusion.
- Pfizer Hired 600 Employees Due To 'Large Increase Of Adverse Event Reports': Document.
- Shocking Estimates Show Ukraine's Crop Harvest Could Be Halved .
- Microplastics Found In Lung Tissue Of Living Humans For First Time: Study.
- The Anatomy Of Big Pharma's Political Reach.
- American Airlines To Offer Bus Service In Place Of Connecting Flights Due To Soaring Gas Prices, Pilot Shortage.
- JPMorgan Predicts That Global Commodities Prices May Rise By 40%... Or More.
MarketWatch.com:
NewsMax:
- Russia Has Forcibly Evacuated 674,000 Ukrainians.
- Russia: Will Sue If Forced Into Sovereign Debt Default.
- 8 Mile Convoy Suggests Russian Offensive on Kharkiv.
- S&P Downgrade Indicates Russia Headed for Historic Default.
TheGatewayPundit.com:
- GOP Sen Says Lib Media Using Watergate Tactic with Hunter’s Biden’s Laptop to Hide Real ‘Corruption’.
- Miami-Dade Mayor Declares State of Emergency Over Housing Affordability Due to Unprecedented Rent Increases.
- Chinese Citizens Are Starving, Jumping From Balconies To Their Deaths After Weeks Of ‘COVID Zero’ Lockdown.
- Exclusive: Jack Posobiec Speaks Out – Claims Current Suspension From Twitter is Retaliation for Exposing Disney Employee Group.
- Surprise! Soros Is Reportedly Bankrolling Defund the Police Candidates for 2022 Election.
- “I Went There for You My Son” – J6 Political Prisoner Chris Quaglin Was Brutally Beaten in Jail and Denied Celiac-Safe Food – Here Is His Heartfelt Letter to His Son on His First Birthday — Please Donate.
- Trans Non-Binary Teacher Says It’s Appropriate to Teach Children at 3-Years-Old about Sex.
- Rudy Giuliani on a List of Americans Sanctioned by Iran – Meanwhile Biden Working to Remove Iranian Guard from US Sanctions List.
- Biden’s Homeland Security Secretary Mayorkas Allows Millions of Illegals Into the US Then Claims Domestic Terrorists Are Greatest Threat.
- New Jersey Schools to Teach First and Second Graders About “Gender Identity” and “Climate Change” in Fall.
- Disturbing Video: China Is Taking Cats for Extermination Due to COVID — Dogs Too.
- South Carolina Senate Passes Legislation that Bans Covid-19 Vaccine Requirements.
- Voting in France is on Sunday: NO Mail-in Ballots, NO Dirty Voting Machines, Only Paper Ballots and EVERYONE Must Show a Voter ID.
The Epoch Times:
- China Insiders Steal Billions From US Investors. The US government, beholden to big banks, fails to protect small American investors.
- China’s Lockdowns May Be Partly a Ploy to Tamper With Supply Chains, Highlight US Dependence: Expert.
OpenVAERS:
- VAERS US COVID Vaccine Adverse Event Reports. 803,168 Reports(+3,437 from prior week) Through April 1st, 2021.
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).
Night Trading
- Asian indices are -.5% to +.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 102.75 +.25 basis point.
- China Sovereign CDS 64.25 +1.5 basis points.
- Bloomberg Emerging Markets Currency Index 53.16 -.46%.
- Bloomberg Global Risk-On/Risk Off Index 4,437.0 -37.0 points.
- Volatility Index(VIX) futures 24.95 +.81%.
- Euro Stoxx 50 futures -.48%.
- S&P 500 futures -.29%.
- NASDAQ 100 futures -.41%.
Earnings of Note
Company/Estimate
Before the Open:
Before the Open:
- None of note
After the Close:
- None of note
Economic Releases
- None of note
Upcoming Splits
- None of note
- The Fed's Bowman speaking, UK Industrial Production report, 2Y T-Note auction and the Needham Healthcare Conference could also impact trading today.
- 9:30 am - 4:00 pm EST
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