-
1 week ago | 
zerohedge.com | Tyler Durden
Yesterday, president Trump laid out the stakes in the ever-escalating trading war between the US and China, in typical laconic fashion: "We may want countries to choose between us and China" (a topic discussed further here), with the White House adding that "The ball is in China’s court.
-
1 week ago | 
zerohedge.com | Tyler Durden
The latest supply chain disruption report comes from , which claims that shipments of Tesla components from China—intended for its Cybercab and Semi—will be suspended. The report, based on a single unnamed source, has not been confirmed by Tesla or Elon Musk on X.
-
1 week ago | 
zerohedge.com | Tyler Durden
By Michael Every of RabobankJohn Authers at Bloomberg just ran a piece titled ‘This Passover, Everyone Has Questions’. His annual tradition of asking four questions, as in that ancient ceremony, didn’t start with the obvious one: “Why is this market different from all other markets?” But when the 30-year Japanese bond can fall 11bps on the day, most traditional takes on what is going on look, well, ‘unleavened’.
-
1 week ago | 
zerohedge.com | Tyler Durden
Public outrage over the Karmelo Anthony case is growing with a recent court decision to dramatically reduce the teen suspect's bail from $1 million to $250,000, of which only 10% must be paid to secure the suspect's release. Judge Angela Tucker of the 199th District Court in Collin County (pictured below) significantly reduced track meet stabbing suspect Karmelo Anthony's bond and placed him under house arrest.
-
1 week ago | 
zerohedge.com | Tyler Durden
The Bank of Canada kept rates steady at 2.75% as expected, with the central bank saying it would support economic growth while ensuring that inflation remains well anchored. Here are some more highlights from the decision:TARIFFS:The major shift in direction of US trade policy and the unpredictability of tariffs have increased uncertainty, diminished prospects for economic growth, and raised inflation expectations.
-
1 week ago | 
zerohedge.com | Tyler Durden
Authored by Steve Watson via Modernity.news,Ecomentalists have a new “villain” in their sights, and he could be sitting in your house right now. They’ve come after your children, your cars, and your holidays, now they want to lecture you about how awful for the environment your pet dog is. Yes, really. The animals that provide humans with the most unwavering love and loyalty there is. Can’t be having that now, can we.
-
1 week ago | 
zerohedge.com | Tyler Durden
The drastically decoupled trend of hard data improvement and soft data dissolution continued this morning with US Manufacturing improving while NY Fed Business Leaders' survey collapsing. Source: BloombergBusiness activity in the region’s service sector declined significantly for a second consecutive month in April, according to firms responding to the Federal Reserve Bank of New York’s April Business Leaders Survey.
-
1 week ago | 
zerohedge.com | Tyler Durden
US Industrial Production dipped in March from record highs... Source: BloombergThe headline industrial production fell 0.3% MoM (slightly worse than the 0.2% decline expected (after February's jump was revised higher to +0.8% MoM)... Source: BloombergBut, US Manufacturing rose 0.3% MoM - its 5th straight monthly rise... Source: BloombergOutput at utilities declined on warmer weather, while mining and energy extraction rose.
-
1 week ago | 
zerohedge.com | Tyler Durden
A prominent Turkish defense official has given a rare interview to a regional Middle East outlet wherein he describes NATO as a "zombie alliance" which has outlived its functionality and legitimacy as a real military alliance, something which is becoming increasingly evident at Trump threatens to walk the United States away from being its main funder and leader.
-
1 week ago | 
zerohedge.com | Tyler Durden
Authored by Thomas Brooke via Remix News,Two minor conservative parties in the Netherlands, the SGP and JA21, have tabled a private members’ bill aiming to ban amplified Islamic calls to prayer in residential areas, arguing that the practice is increasingly at odds with Dutch cultural norms.
