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  • Rabobank: We Are Heading For More Crashes, Bangs, Wallops June 21, 2022
    By Michael Every of Rabobank Crash! Bang! Wallop! What a Daily! Today’s obscure Alan Partridge title reference was inspired by a Tweet from The Economist’s @Birdyword in response to @CathieDWood arguing, “Volcker doubled the Fed Funds from 10% to 20% in less than a year. Powell’s Fed has increased the funds rate 7-fold in the […]
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  • First Pictures Of Uvalde Shooting Emerge As City Hires Lawyers To Block Evidence June 21, 2022
    The first images from inside the Uvalde school shooting have emerged, revealing that police were heavily armed with rifles and a ballistic shield, yet still waited another 58 minutes while gunman Salvador Ramos continued his rampage – leaving 19 students and two teachers dead.  The photo, obtained by the Austin American Statesman and KVUE on […]
    News Editor
  • US Existing Home Sales Tumble To 2-Year Low In May, NAR Warns 'Worse To Come' June 21, 2022
    After April’s bloodbath in new home sales (and existing and pending to a lesser extent), May’s housing data deluge is about to kick off with what analysts expect to be a 3.7% MoM drop in existing home sales. In fact – and rather surprisingly – home sales ‘only’ fell 3.4% MoM in May (April data […]
    News Editor