From ZeroHedge US equity futures and global stocks rose to new record highs and oil climbed after strong U.S. and Chinese economic data bolstered expectations of a solid global recovery from the covid pandemic. At 7:00 a.m. ET, Dow e-minis were up 34 points, or 0.1%, S&P 500 e-minis were up 5 points, or 0.11% […]

From ZeroHedge What do you get when you hand Americans big fat stimulus checks after decades of offshoring the country’s manufacturing economy? The overall trade deficit expanded by 87% in February to $71.1 billion, according to the latest Census Bureau data. The trade deficit in goods hit another all-time record of $88 billion in February. Imports of goods […]

Global Intel Hub — Charlotte, NC – 4/12/2021 – For those who are wondering why asset prices are continuing higher and if they will continue, here is your answer.  It is a myth that markets are driven by supply and demand.  Markets are manipulated and the Fed controls the money supply.  When the Fed creates […]

From Zero Hedge: Having dropped their first major warning that something was coming last week with a subtle tweet suggesting “it is never a good idea to invest in a SPAC just because someone famous sponsors or invests in it,” The Securities and Exchange Commission (SEC) just turned up the SPAC bubble-busting amplifier to ’11’ by signaling […]

From ZeroHedge Authored by Michael Snyder via TheMostImportantNews.com, For the wealthy and the ultra-wealthy, happy days are here again.  Even though we have just been through one of the most difficult 12 months in our history, the number of billionaires has increased dramatically during this pandemic.  That seems rather odd, but there is no denying that the […]

News from ZeroHedge Biden made a campaign pledge to fix the border with Mexico. Let’s investigate how he’s doing starting with polls then the hard facts. According to an AP NORC Poll few are satisfied with President Biden’s approach to immigration, border security, and particularly toward the recent surge of unaccompanied children at the southern border. That question […]

Post from ZeroHedge Pioneering cryptocurrency exchange Coinbase just blew away already lofty expectations Tuesday when it released quarterly financials and outlook for the first time, despite still being a private company, as the firm apparently sought to generate hype ahead of its IPO on the Nasdaq next week. Coinbase co-founder and CEO Brian Armstrong The […]