by laflammaster via CNBC: Shares of First Republic dropped sharply on Friday as hopes dimmed for a rescue deal that could keep the bank afloat. Sources told CNBC’s David Faber that the most likely outcome for the troubled bank is for the Federal Deposit Insurance Corporation to take it into receivership. The stock slid about … Read more
By Graham Summers, MBA Japan just reported inflation of 3.5%. This is a big deal. Why? First and foremost, it’s significantly higher than expectations: 3.5% vs 3.2%. Secondly, it shows that inflation is turning back upwards in Japan. Last month’s inflation data was 3.2% which was down from the prior month’s 3.3% which was down … Read more
Brought to you by Pfizer. https://t.co/9jSYiz1frD — Catturd ™ (@catturd2) April 28, 2023 I think Jeffrey is talking about this segment of the interview with Robert F. Kennedy Jr.https://t.co/Yo2qKMV8IG — Sinisa Catic 🍁 (@SinisaCatic) April 28, 2023 “And, now, a message from our sponsors…” — Brendan Munnelly (@2N2L) April 28, 2023 How many times did … Read more
by Qplus17 https://twitter.com/GRDecter/status/1651734455537614853 ‘The US Economy Is Unwell’: Wall Street Bigwigs Pour Cold Water on Benedict Biden’s Economic Optimism JPMorgan says S&P 500 could hit 3500 ‘by early summer’ By Investing.com ‘Welcome to the recession:’ Most of Wall Street still sees trouble ahead for the U.S. economy To note: Amazon's earnings just collapsed by ~50% … Read more
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by Hephaestus4 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity – ANYONE IS TERRYFYING OR JUST ME? Gold is Negative Divergence. Silver Soon to Follow. MACD/RSI and economic conditions Favor all assets Crash. Save your Fiat. Better Deals Ahead. GDP: US economy grows 1.1% in Q1, slower than expected US Federal Reserve Bank sold … Read more
by Michael Have you ever heard of neonicotinoids? Most of you probably have not, and that is exactly what the giant agricultural corporations want. They don’t want you to know that crops all over the United States are literally being “pre-poisoned” with harmful insecticides that are having a nightmarish impact on the environment. And most … Read more
by DesmondMilesDant Samsung’s profit plunged 95% to its lowest level since 2009 as chip demand slumps South Korean electronics giant Samsung’s operating profit plunged in the first quarter as prices for its memory chips continued to fall and demand remained weak. Here are Samsung’s earnings at a glance in the first quarter: Revenue: 63.75 trillion Korean … Read more
What could go wrong… According to the company, its Artificial Intelligence Platform will integrate AI into military decision-making in a manner that is both ethical and legal. Palantir, a software company that specializes in analyzing, integrating, and presenting vast amounts of data for various industries such as finance, healthcare, and government, has announced the launch … Read more
by Michael The biggest companies in the United States are giving the axe to hundreds of thousands of workers, but this should not come as a shock to any of us. Officials at the Federal Reserve were warned over and over again that they were going to create an extremely harsh economic environment if they … Read more