Dismal Data Sparks Dollar Dump – Everything Else Rips On Record Week

Dismal Data Sparks Dollar Dump – Everything Else Rips On Record Week US Macro Surprise data declined for the sixth straight week… to its weakest since January 2023… Source: Bloomberg But that ‘bad news’ prompted a run to record highs for risky stocks… Source: Bloomberg As the market seems to be completely discounting the collapse…

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DTCC, Chainlink Complete Fund Tokenization Pilot With JPMorgan, Templeton And Other Financial Giants Participating

DTCC, Chainlink Complete Fund Tokenization Pilot With JPMorgan, Templeton And Other Financial Giants Participating By Tom Mitchelhill of CoinTelegraph The world’s largest settlement system, the Depository Trust and Clearing Corporation (DTCC), and blockchain oracle Chainlink have wrapped up a pilot program with several major banking firms in the United States to increase traditional finance fund…

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IDF Recovers Three Deceased Hostages, Including 22-year Old Shani Louk

IDF Recovers Three Deceased Hostages, Including 22-year Old Shani Louk The Israel Defense Forces (IDF) made a major, and tragic, announcement on Friday. IDF Spokesman Rear Adm. Daniel Hagari said the military has recovered the bodies of three hostages from the Gaza Strip. The deceased include the body of Shani Louk, the 22-year old girl filmed on…

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EU hits Meta with new investigation

Facebook and Instagram could cause addictive behavior in children, the European Commission claims The EU has launched a new investigation into Meta, the parent company of Facebook and Instagram, over its alleged failure to protect children from harmful content. The European Commission, the bloc’s executive arm tasked with proposing new laws and policies, said on…

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BRICS leaders won’t attend Zelensky’s ‘peace conference’ – media

The Brazilian and South African presidents have decided not to participate in the event, which excludes Russia, according to reports The leaders of Brazil and South Africa will not attend a conference on Ukraine to be hosted by Switzerland next month, reports have said. The summit, scheduled for June 15-16 at the Burgenstock Resort near…

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Xi outlines solution to Ukraine conflict

A new global ‘security architecture’ should be formed with peace talks involving Moscow and Kiev, the Chinese president has said Chinese President Xi Jinping has stressed that peace negotiations recognized by both Russia and Ukraine are the best way to end the ongoing conflict between the two nations. Speaking during a meeting with Russian President…

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The ‘Super Chase’ Strategy That Conservative Activists Hope Will Win The 2024 Election

The ‘Super Chase’ Strategy That Conservative Activists Hope Will Win The 2024 Election Authored by Nathan Worcester via The Epoch Times (emphasis ours), (Illustration by The Epoch Times, Nathan Worcester/The Epoch Times, Getty Images) PHOENIX, Ariz—Matthew Martinez bounded from map to map, a broad smile on his face. He pointed out important areas of Arizona…

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“We’ve Had A Hell Of A Run”: Stanley Druckenmiller Sells 441,000 Shares Of Nvidia

“We’ve Had A Hell Of A Run”: Stanley Druckenmiller Sells 441,000 Shares Of Nvidia Billionaire investor Stanley Druckenmiller, head of the Duquesne Family Office, sees the artificial intelligence bubble as overextended. He has slashed some of his holdings in “Magnificent Seven” technology stocks, including Nvidia. He’s not alone. Other notable fund managers and company insiders are jumping ship…

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US Spy Balloon Crashes In Northeast Syria

US Spy Balloon Crashes In Northeast Syria Via The Cradle A sizable surveillance aerostat owned by the US military crashed on Wednesday near the town of Rmelan in Syria’s northeastern Al-Hasakah province. Footage on social media showed the aerostat descending from the sky and, subsequently, its debris on the ground close to Rmelan, which was also near a…

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Assassination attempt on Slovak prime minister: What we know so far

Robert Fico was critically wounded after being shot several times following a political event Slovak Prime Minister Robert Fico was seriously injured in an assassination attempt in the small town of Handlova on Wednesday, as he greeted supporters after a meeting with local government officials. The suspect has been detained, although authorities have not yet…

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Xi identifies major global threats

The Chinese president has warned that “Cold War mentality” and “one-sided hegemony” persist in the international arena Bloc politics resembling that seen during the Cold War poses a serious threat to global security, Chinese President Xi Jinping has warned. He said the conflicts in Gaza and Ukraine were consequences of such an approach. Xi made…

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France sends troops to overseas territory to quell unrest (VIDEOS)

Several days of riots in New Caledonia come after Paris proposed changes to the local voting system France has deployed troops to its Pacific Ocean territory of New Caledonia after four people were killed in violent unrest that erupted on Monday sparked by a new constitutional reform. French Prime Minister Gabriel Attal announced on Wednesday…

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April Cass Data Shows No Improvement In Freight Demand

April Cass Data Shows No Improvement In Freight Demand By Todd Maiden of FreightWaves Another month passed without signs a recovery in the freight cycle was on the horizon. “Still waiting for it,” Cass’ April update on volumes and pricing stated. The shipments component of the Cass Freight Index fell again in the month, down…

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Biden Readies $1BN In Bombs For Israel Despite Progressive & Swing State Voter Revolt

Biden Readies $1BN In Bombs For Israel Despite Progressive & Swing State Voter Revolt The Biden administration continues to speak out of both sides of its mouth when it comes to Israel and Gaza policy as Progressive Democratic voters continue peeling off in droves, declaring that they can’t in good conscience vote for Biden in…

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Coalition Of States Sue Biden Admin, California Over Electric Vehicle Mandates

Coalition Of States Sue Biden Admin, California Over Electric Vehicle Mandates Authored by Katabella Roberts via The Epoch Times, A coalition of Republican-led states is suing the Biden administration and the State of California in an attempt to prevent new electric vehicle mandates on truck owners and operators throughout the country from going into effect.…

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Major crackdown reported in Turkish police

Top officials in Ankara are under investigation after claims they conspired against ex-ministers, according to local media Senior officials tasked with fighting organized crime in Ankara, Türkiye are under investigation for an alleged conspiracy targeting the government, Hurriyet has claimed. The high-profile case, which was detailed by the newspaper on Wednesday, is centered on a…

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New NATO member has no plans to send troops to Ukraine

There’s no consensus on military deployments among nations in the US-led bloc, Sweden’s defense minister has said   Sweden has no plans to deploy troops to Ukraine but may reconsider its position if this move is proposed by its NATO allies, Defense Minister Pal Jonson has said.   Speaking to reporters on Tuesday, Jonson noted that…

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Trump’s private Boeing hits another jet at Florida airport – Reuters

The former US president’s jet clipped an empty plane with its wing as it was taxiing at the airport after landing A private jet reportedly belonging to former US President Donald Trump struck an unoccupied corporate plane with its wingtip as it was repositioning after landing at Palm Beach International Airport in Florida, Reuters wrote…

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VDH: Has America Finally Had It With Joe Biden?

VDH: Has America Finally Had It With Joe Biden? Authored by Victor Davis Hanson, Joe Biden’s personal approval rating is at historic lows; almost all his policies do not poll fifty percent. He is behind Trump in almost all the swing states. And now he lies serially even to sympathetic interviewers. In short, finally Biden…

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Retail Wrecking Crew Hammers Hedgies Again; Stocks/Powell Shrug Off Stagflation Signals

Retail Wrecking Crew Hammers Hedgies Again; Stocks/Powell Shrug Off Stagflation Signals Hot PPI initially spooked markets (yields and dollar up, stocks down) but that faded fast (on lower revisions) – but the stag-flation trend continues this week… Source: Bloomberg Powell did briefly spook stocks around 1030ET with the following comment: “it’s a possibility – but…

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Tesla Re-Hires Some Of The 500 Workers It Laid Off Its Supercharging Team

Tesla Re-Hires Some Of The 500 Workers It Laid Off Its Supercharging Team It looks as though Elon Musk may have slightly overshot the mark with cost cutting at Tesla. The company, which saw layoffs number in the tens of thousands so far this year, is now hiring back some of the 500 workers from…

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NATO country rules out sending troops to Ukraine 

Estonia’s defense minister has dismissed remarks by a presidential advisor regarding a possible military deployment Estonian Defense Minister Hanno Pevkur has insisted that neither Tallinn nor the European Union are considering proposals to deploy troops to Ukraine.   He was commenting on remarks made by Madis Roll, the national security advisor to Estonian President Alar…

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