A Shocked Wall Street Reacts To Today’s “Scary” CPI Print | ZeroHedge

From: zerohedge A Shocked Wall Street Reacts To Today’s “Scary” CPI Print | ZeroHedge It was a CPI report for the ages: with most already expecting a hotter than expected print (thanks to JPM), that’s precisely what they got and then some. Headline CPI prices surged by 1.0% (0.97% unrounded) mom in May, beating consensus […]

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“The Summer Of Starvation”: Soaring Fertilizer Prices Unleash Chaos, Hunger Worldwide | ZeroHedge

From: zerohedge “The Summer Of Starvation”: Soaring Fertilizer Prices Unleash Chaos, Hunger Worldwide | ZeroHedge One of the most pernicious consequences – if primarily for the anti-Russia west – resulting from the Ukraine war, has been the unprecedented spike in fertilizer prices which among other things, has sparked a historic surge in food prices and […]

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Bitcoin Soars Back From Overnight Plunge As Citadel, Virtu Signal HFT Move To Crypto | ZeroHedge

From: zerohedge Bitcoin Soars Back From Overnight Plunge As Citadel, Virtu Signal HFT Move To Crypto | ZeroHedge Just hours after the SEC leaked plans to The WSJ that the regulator is preparing to propose unprecedented changes to market structure as soon as this fall which would make it virtually impossible to frontrun retail orders, […]

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“Somebody’s On Path To Destruct America,” Warns US Oil Billionaire | ZeroHedge

From: zerohedge “Somebody’s On Path To Destruct America,” Warns US Oil Billionaire | ZeroHedge New York billionaire and refiner John Catsimatidis is out with a new warning that soaring fuel prices and rising interest rates could produce a hard landing for the US economy. Catsimatidis warned last month about the diesel shortage on the East Coast, even […]

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Excessive Intervention Exacerbates Global Food Shortages | ZeroHedge

From: zerohedge Excessive Intervention Exacerbates Global Food Shortages | ZeroHedge Many have read that there is a food crisis looming and there are significant concerns about grain shortages. The main reason for this possible crisis is the Ukraine invasion. However, this is not the full picture. Many countries around the world have a large deficit of cereal […]

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Target Crashes After Cutting Profit Outlook For 2nd Time In Three Weeks Due To Excess Inventory | ZeroHedge

From: zerohedge Target Crashes After Cutting Profit Outlook For 2nd Time In Three Weeks Due To Excess Inventory | ZeroHedge Just two weeks ago, Target dropped the most since 1987’s Black Monday after the retailer warned profits would come in well below expectation due to soaring inflation eating into profit margins and would also impact […]

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Job crisis or labor crisis? The market is changing

Crediblock.com — Charlotte, NC — Companies are throwing up now hiring signs like hands at a bank robbery.  In April of 2021 at a Tampa McDonalds they were paying people $50 just to interview: A McDonald’s in Tampa, Florida, offers $50 to show up for a job interview. Even with free money plastered in big, […]

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SEC Preparing Historic Overhaul Of Market Structure, Making Retail Frontrunning Virtually Impossible | ZeroHedge

From: zerohedge SEC Preparing Historic Overhaul Of Market Structure, Making Retail Frontrunning Virtually Impossible | ZeroHedge In one of those “” updates, moments ago the WSJ reported that the SEC – having been lambasted for years for doing nothing to contain the rigged, criminal casino known as the stock “market” – is preparing to propose […]

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6.8 Million Now Seeking Refuge From Russian Invasion | ZeroHedge

From: zerohedge 6.8 Million Now Seeking Refuge From Russian Invasion | ZeroHedge As of June 2, 12 PM CET, around 6.8 million people living in Ukraine have left the country to seek shelter from Russian aggression, either permanently or temporarily. As Statista’s Florian Zandt shows in the chart below, based on data from the United Nations High […]

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The Great Robo-placement? Workplace Robot Orders Jump 40% In First Quarter | ZeroHedge

From: zerohedge The Great Robo-placement? Workplace Robot Orders Jump 40% In First Quarter | ZeroHedge As we come out of the Covid-19 pandemic – which was more like a controlled demolition of small businesses, followed by a mismanaged, taxpayer-funded cocaine binge that dropped vicious inflation on our laps – more and more industries are turning […]

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