Black Monday: Futures Plummet As VIX Hits 62, Japan Suffers Worst Point Drop In History | ZeroHedge

From: zerohedge Black Monday: Futures Plummet As VIX Hits 62, Japan Suffers Worst Point Drop In History | ZeroHedge Good morning and welcome to a global market meltdown, sparked by last week’s catastrophic BOJ decision to hike rates by 0.15bps which in turn crushed the $20 trillion yen carry trade, sent the yen exploding higher […]

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Treasury Estimates $1.3 Trillion In Borrowing Needs For The Remainder Of 2024 | ZeroHedge

From: zerohedge Treasury Estimates $1.3 Trillion In Borrowing Needs For The Remainder Of 2024 | ZeroHedge Ahead of today’s big event – the Treasury borrowing estimates publication – we said not to expect any fireworks and also that unlike recent spikes, the most likely range of calendar Q3 and Q4 borrowing estimates is $750BN for […]

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US Hits Record High Electricity Generation From Natural Gas | ZeroHedge

From: zerohedge US Hits Record High Electricity Generation From Natural Gas | ZeroHedge On July 9, 2024, U.S. power plant operators in the Lower 48 states generated 6.9 million MWh of electricity from natural gas, marking a record high since the collection of hourly data began on January 1, 2019. This surge in natural gas-fired […]

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“Increasingly Cautious Consumer”: Polaris Shares Crash As High Interest Rates Crush Demand For ATVs & Jetskis | ZeroHedge

From: zerohedge “Increasingly Cautious Consumer”: Polaris Shares Crash As High Interest Rates Crush Demand For ATVs & Jetskis | ZeroHedge A toxic trifecta of high interest rates, elevated inflation, and increasingly cautious dealers and consumers led Polaris to report dismal second-quarter results. The earnings miss and reduced full-year forecast for sales and profit indicate the once-thriving […]

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AI Bubbly anyone? Pass the pipe bro, I need some of what you are smoking

Global Intel Hub — Knoxville, TN — For the past 2 years or so, most new investment in private markets has went into AI names or their derivatives, with a few notable exceptions (SpaceX, etc.) – looking back it’s time to see what the use of proceeds is and was on those investments and what […]

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A Big Wreck Is About To Happen At The Intersection Of Artificial Intelligence Boulevard And Net Zero Avenue | ZeroHedge

From: zerohedge A Big Wreck Is About To Happen At The Intersection Of Artificial Intelligence Boulevard And Net Zero Avenue | ZeroHedge The Big Green Grift, the Energiewende and all the other green energy scams are about to be slowly shuttled aside because we need massive amounts of new energy these schemes cannot deliver. Moreover, […]

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Musk Announces X To Sue ‘Perpetrators And Collaborators’ Behind Advertising Censorship Cartel | ZeroHedge

From: zerohedge Musk Announces X To Sue ‘Perpetrators And Collaborators’ Behind Advertising Censorship Cartel | ZeroHedge Elon Musk announced on Thursday that social media platform X will sue ‘perpetrators and collaborators’ who have colluded to control online speech, as revealed on Wednesday by an interim staff report released by the House Judiciary Committee. “Having seen […]

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Bidenomics? Business Bankruptcies Jump 34% In First Half Of 2024 | ZeroHedge

From: zerohedge Bidenomics? Business Bankruptcies Jump 34% In First Half Of 2024 | ZeroHedge Bankruptcy filings by commercial entities grew by more than a third this year as businesses struggled under an environment of high costs and interest rates, according to the American Bankruptcy Institute (ABI). A total of 3,016 commercial Chapter 11 bankruptcies were […]

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Goldman’s Head Of Research Crucifies The “AI Bubble”: Not One Transformative Application Has Been Found

Rallying markets like to shoot, or in this case buy, and ask questions much later or never – and certainly not until it is far too late, everything has crashed, and the fingerpointing and crying are all that’s left, at which point the only question on the market’s mind is why did nobody ask any […]

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“Getting Fully Valued”: Nvidia Receives Rare Downgrade  | ZeroHedge

From: zerohedge “Getting Fully Valued”: Nvidia Receives Rare Downgrade  | ZeroHedge Nvidia’s price surge over the past 18 months mirrors the exuberance of the ‘Roaring Twenties,’ particularly the bull market of the late 1920s, and is reminiscent of Radio Corporation of America’s meteoric rise following the emergence of the radio industry.  According to a recent […]

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