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To Prevent A Banking Crisis, The Fed Must Cut; But...

May 9, 2024 / 0 Comments

Via SchiffGold.com, In 2009, 140 banks failed, and a recent report from financial consulting firm Klaros Group says that hundreds of banks are at risk of going under this year. It’s being billed mostly as a danger for individuals and communities than for the broader economy, but for...

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Denver Illegals Make Demands, Include 'Culturally Appropriate' Food, Lawyers, Unlimited Showers And Warnings Before Evictions

May 9, 2024 / 0 Comments

Illegal immigrants at a Denver, Colorado encampment that is set to be removed are refusing to leave until the city meets a list of 13 demands, which include access to "fresh, culturally appropriate ingredients" for food, unlimited showers, "the same housing support that has been offered to...

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Stocks And Bonds Rise Together As Inflation Fears Take Backseat

May 9, 2024 / 0 Comments

Authored by Simon White, Bloomberg macro strategist, Stocks and bonds have been rising together again, with investors getting longer of both assets. Inflation fears are taking a backseat for now, allowing lower yields to boost stock prices. Positioning data for equities shows that investors...

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Revenge Travel Peaked? Airbnb Pukes On Travel Spending Slowdown Forecast 

May 9, 2024 / 0 Comments

Shares of Airbnb stumbled in premarket trading in New York on Thursday after the home rental company beat earnings expectations for the first quarter but provided weaker-than-expected guidance. This comes after Bank of America analysts identified other travel companies missing earnings,...

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