Gold Hammered As Short-Squeeze Saves Stocks Ahead Of Micro/Macro Storm This Week The “calm before the storm” of earnings and big macro this week (and no WW3 this weekend) was all the algos needed to ramp stocks during the US cash session after being reminded that the buyback-blackout period is almost over… And S&P HOD…
Here Comes The Cavalry?
Here Comes The Cavalry? By Benjamin Picton of Rabobank Here Comes The Cavalry? The risk of imminent hot war between Israel and Iran seems to have dissipated for the time being. Israel on Friday delivered its promised response to the Iranian strike of the weekend before by hitting targets in Syria and the Iranian city…
EU close to agreement on using Russian assets to help Ukraine – minister
Moscow has previously warned that such a move would undermine “the legal foundations of European and international law” The EU is “close to a political agreement” on seizing the profits generated by Russia’s central bank reserves that remain frozen in connection with Ukraine-related sanctions, Belgian Finance Minister Vincent Van Peteghem said on Sunday. The West…
TikTok will sue if US bans app – Bloomberg
A bill that would force China’s ByteDance to divest ownership of the popular app has been passed by the House of Representatives TikTok is reportedly planning to legally challenge the US government if it passes a law that would require the app’s Chinese parent company to divest its ownership or face a complete ban of…
Japan and South Korea accuse North of missile launches
The apparent short-range weapons test comes days after Pyongyang claimed a successful trial of a new cruise missile warhead North Korea launched several ballistic missiles into the sea on Monday, according to officials in South Korea and Japan. Several projectiles that appeared to be short-range ballistic missiles were fired towards the Sea of Japan from…
Pardon Me? Michael Avenatti Flips, Willing To Testify On Trump’s Behalf
Pardon Me? Michael Avenatti Flips, Willing To Testify On Trump’s Behalf Imprisoned former CNN demigod Michael Avenatti has come out in support of Donald Trump, telling the NY Post that he’s willing to testify on Trump’s behalf after being in contact with Trump’s legal defense team about his willingness to testify against his former client,…
Biden’s Title IX Trans-formation Puts Women’s Progress & Protections “On The Chopping Block”
Biden’s Title IX Trans-formation Puts Women’s Progress & Protections “On The Chopping Block” Authored by Savannah Hulsey Pointer via The Epoch Times, The Biden administration’s overhaul of Title IX met with pushback today from lawmakers in favor of preserving female-only spaces. Rep. Virginia Foxx (R-N.C.) speaks during a House Committee on Oversight and Reform hearing…
“Hard Crash”: Construction Jobs In Philadelphia Set To Plunge As Residential Projects Hit A Wall
“Hard Crash”: Construction Jobs In Philadelphia Set To Plunge As Residential Projects Hit A Wall Construction jobs in Philadelphia could plunge soon as a result of a “glut” of residential projects finishing up with questionable demand waiting behind them, according to a new report from BisNow. In fact, some developers are calling for a “hard…
‘No consensus’ in West on seizing Russian assets – WaPo
The EU is worried that the move would breach international law and trigger a backlash, the outlet reports EU officials are reluctant to bow to US pressure and transfer frozen Russian assets to Ukraine, fearing that Moscow’s retaliation would be aimed primarily at the bloc rather than America, the Washington Post reported on Saturday. As…
US Congress moves closer to approving Ukraine aid bill
The Senate is set to vote on additional support for Kiev on April 23 A date has been set for the US Senate to vote on an emergency spending bill that includes new funding for Ukraine, Majority Leader Chuck Schumer (D-New York) announced on Saturday. The upper chamber of the Congress will begin considering the legislation…
Potential US sanctions on IDF ‘absurd’ – Netanyahu
Secretary of State Antony Blinken is expected to make a decision soon regarding an ultra-orthodox Israeli military unit Prime Minister Benjamin Netanyahu has rebuked reported US plans to sanction an Israeli military unit composed primarily of ultra-Orthodox Jews which is under investigation for alleged human rights abuses against Palestinians. US Secretary of State Antony Blinken…
What Are Mises’ Six Lessons?
What Are Mises’ Six Lessons? Authored by Jonathan Newman via The Mises Institute, Ludwig von Mises’s Economic Policy: Thoughts for Today and Tomorrow has become quite popular recently. The Mises Book Store has sold out of its physical copies, and the PDF, which is available online for free, has seen over 50,000 downloads in the past few days. This surge…
Elon Musk Says Tesla Will Fix “Incorrectly Low” Severance Packages For Laid Off Employees
Elon Musk Says Tesla Will Fix “Incorrectly Low” Severance Packages For Laid Off Employees Elon Musk stated last week that the severance packages given to some ex-Tesla Inc. employees during the company’s largest workforce reduction were incorrectly too low. Tesla announced on Monday that it is cutting over 10% of its 140,000-strong global workforce to…
Not ‘The Onion’: New Guinea Academics Say Cannibals Would Be Offended By Biden’s Tale Of Uncle Being Eaten
Not ‘The Onion’: New Guinea Academics Say Cannibals Would Be Offended By Biden’s Tale Of Uncle Being Eaten Authored by Steve Watson via Modernity.news, Academics from Papua New Guinea say that the actual cannibals who live there would be extremely offended by Joe Biden’s made up story of his uncle being eaten by them during…
Biden brags about first US-made nuclear fuel
Washington has been struggling to free itself from Russian enriched uranium supplies A US facility has produced its first 200 pounds (90 kilograms) of high-assay low-enriched uranium (HALEU), President Joe Biden said on Friday, stressing that the US cannot rely on imported nuclear fuel from Russia. Moscow is currently the only commercial source of HALEU…
North Korea tests ‘super-large warhead’
Pyongyang insists that the launches were routine and had nothing to do with the rising tensions on the peninsula North Korea has successfully tested a “super-large warhead” for a cruise missile and a new type of anti-aircraft munition, state-run KCNA news agency has reported. The “test of power” of the warhead for the Hwasal-1Ra-3 strategic…
NATO member accuses Russia of exploiting migration
Finland’s prime minister claims that Moscow has used asylum seekers from the Middle East against the EU Russia has engineered the influx of migrants from third countries in order to undermine the EU, Finnish Prime Minister Petteri Orpo said on Friday. He stressed the need to strengthen the border with Russia, which has been closed…
Climate Worries Are Non-Credible, Luxury Beliefs That Harm Civilization Itself
Climate Worries Are Non-Credible, Luxury Beliefs That Harm Civilization Itself Authored by Joakim Book via The Mises Institute, I live in a small village at the edge of lands surrounded by very harsh nature. Those who occupied these valleys in ages past lived ruthlessly dangerous lives, where starvation was a constant worry, the sea just…
Nike “Permanently” Laying Off 740 Employees At World Headquarters
Nike “Permanently” Laying Off 740 Employees At World Headquarters US athletic footwear and apparel company Nike announced late in the cash session on Friday that it is undergoing a restructuring effort to trim costs at its World Headquarters (WHQ) located in Beaverton, Oregon. Michele Adams, VP of People Solutions at Nike, might be the most hated person at…
How Big Tech Is Consuming America’s Electricity And Water
How Big Tech Is Consuming America’s Electricity And Water Authored by Kevin Stocklin via The Epoch Times (emphasis ours), As federal net-zero policies attempt to shift transportation, heating, and other essentials onto the electric grid, one of the hottest growth sectors of America’s economy is poised to increase electricity demand exponentially, further straining an energy…
Boeing whistleblower threatened with ‘physical harm’ – CNN
An engineer claims he has been targeted by the company for raising concerns about “no safety culture” Hundreds of people could die unless American aerospace giant Boeing addresses critical safety issues, a whistleblower has told the US Senate, also claiming that he was threatened with “physical violence” for going public, CNN has reported. Sam…
Macron tells Ukraine why it can’t have Israel-style air defenses
It took West Jerusalem decades to deploy a comprehensive system to protect its skies from all kinds of threats, the French president has said It is impossible for the West to provide Ukraine with a version of Israel’s famed Iron Dome air defense system, because it has neither the time nor the resources to accomplish…
