From: zerohedge Producer Price Inflation Slows As Services Costs Slump | ZeroHedge Having been resurgent for the last few months, US Producer Price inflation was expected to slow significantly in July and it did, with Headline Final Demand PPI rose just 0.1% MoM (+0.2% exp) which pulled the YoY PPI down from +2.7% to +2.2%… […]

From: zerohedge X Conversation Between Musk And Trump Generates Over A Billion Views | ZeroHedge A conversation between Donald Trump and X owner Elon Musk has generated over a billion views, as Trump officially returned to the platform Monday. Elon made the observation following the 2 hour conversation between the two. Combined views of the […]

From: zerohedge Capitulation: Yen Plunges, Nikkei Soars After BOJ’s Uchida Says “Will Not Raise Rates When Markets Are Unstable” | ZeroHedge It hasn’t been even a full week since the BOJ’s catastrophic decision to hike rates by 25bps in a slowing, deflating economy, a decision which we said the BOJ would make for purely political […]

From: zerohedge “Impossible To Operate”: Musk Confirms Report X Closing San Francisco Office  | ZeroHedge Elon Musk responded to X user post, citing a report that revealed Musk’s social media company would shift its San Francisco office outside the highly taxed, crime-ridden metro area controlled by left-wing progressives. Musk said X had “no choice” but to close its Market Street office in […]

From: zerohedge Monday Massacre Brought To You By Kazuo’s Carry-Chaos, Kamalanomics, & Jump’s Crypto Dump | ZeroHedge Well it started with a Japanic… but really Asian markets were just playing catch down to Friday’s moves. Yen strength (carry trade unwind accelerates post-BoJ) weighed on stocks and TOPIC had its worst day since the 1987 collapse… […]

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 […]

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 […]

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 […]

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 […]