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Zero Hedge

31 POSTS

Crypto & Gold Jump As Dollar Dumps, Stocks & Bonds Rise

Aside from a disappointing stagflationary miss on ISM Manufacturing (and Buffett and Munger musings on inflation), the big headlines of today are in crypto where altcoins are screaming higher...

Dollar Dumps In April As S&P Does Something It’s Never Done Before

April saw gold, bonds, and stocks (The Dow) all rise around 2% while the dollar fell around 2% against its fiat peers...

Pitch For “Trump Media Group” Values President’s Brand At $15 Billion

Axios, that purveyor of lightly reported political gossip, has published the latest "scoop" about the machinations inside President Trump's inner circle as the president...

Rudy Giuliani’s Manhattan Apartment Raided By DOJ; Electronic Devices Seized

Federal investigators in Manhattan executed a search warrant today on former New York City Mayor Rudy Giuliani's Upper East Side apartment, according to the New York Times, whose three anonymous sources say is an escalation of a "criminal investigation into Mr. Giuliani's dealings in Ukraine."

TSLA Slides After Beating EPS, But All “Net Income” Comes From Sale Of Reg Credits And Bitcoin

As we previewed earlier, Wall Street expectations from TSLA's earnings today are rather stratospheric, but as Bloomberg notes, even if the company misses big, the S&P 500 likely won’t be in the doldrums tomorrow because of it. Why? Simply put, the electric-vehicle maker matters less than other high-profile stocks in the broad market gauge.

Trump Expects “Startling Results” As Arizona Legislators Take Possession Of All Ballots, Voting Machines From Maricopa County

Almost six months have passed since President Donald Trump faced defeat, but that isn’t stopping Arizona state senators from investigating the election results in Maricopa County.

The Odd Couple: US Treasuries And Gold, Good Time To Buy Both?

A US treasury yield curve trend change appears to be underway. The move has strong implications in a number of ways.

“Bitcoin Fixes This”: Silicon Valley Icon Slams “Job-Crushing” Biden Tax Plan, “Oppressive Government”

Bloomberg quickly polled several Wall Street traders who focused on the policy’s implications for investing, and concluded that while it was too soon to panic, prospects of a higher levy on stock profits could spark near-term selling as investors look to skirt a higher rate.

Foxconn Mostly Bails On $10 Billion Wisconsin Factory

Taiwan electronics manufacturer Foxconn has all but bailed on a $10 billion factory in Wisconsin which was supposed to employ 13,000 workers - only to have been plagued with setbacks and confusion from the start.

Chinese Aluminum Price Soar To 11-Year Highs As Decarbonization Efforts Slash Energy To Smelters

Chinese aluminum prices moved higher Friday, hitting an 11-year high, exchange data showed, as Beijing embarks on the road to decarbonization, a move that has reduced energy to the power-hungry smelting hub located in Inner Mongolia, even as new capacity came on online, according to Mining.com.

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