REAR VIEW: JPM won't engage in buybacks at these prices; AAPL slashes iPhone prices in China; NVDA PT raised by Baird, Barclays, and Stifel; Lots of Fed speak, incl. Jefferson noting it's too early to say April CPI is the start of a new trend, but is a good sign.

What could go wrong? All of it...

"...the most complicated geopolitical situation that most of us have seen... inflation is a little bigger than people think and that rates may surprise people.

New U.S. LNG projects risk delays amid the Biden Administration’s push for lower emissions and the ongoing reviews about the environmental impact of the planned export facilities.

"We simply aren't going to tell you anything anymore about stock buybacks." 

This move follows a recent crackdown involving the confiscation of 2,000 cryptocurrency mining devices as part of an anti-corruption initiative...

Top uranium insiders gathered at the Bank of America Securities 2024 Global Metals, Mining & Steel Conference in Miami. 

“This is not a joke...”

Chase or Caution...?

The house always wins...

the helicopter either did not have its transponder on or lacked one entirely...

 

The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15.

Same officials who cheered the court when it issued an arrest warrant for Vladimir Putin are angry.

It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January... and the same five commissioners are set to vote on Ether ETFs this week...

As we wrap up the first quarter earnings season and approach the midpoint of the year, a major theme emerging out of corporate America and Goldman analysts is the deteriorating financial health of low-income consumers. 

A team of Goldman analysts led by Kate McShane, CFA, published the latest low-income activity dashboard that shows monthly trends have been "mixed recently, noting tailwinds from lower gasoline prices and improved mobility along with headwinds from weaker credit metrics and slowing consumer confidence." 

After the Powell pivot late last year sparked frenzied speculation of the timing and quantum of rate cuts, it only seems wise to be a little more circumspect this time around when the data falls the Fed’s way.

"We affirm our commitment to upholding the principles of sound money and protecting the savings of our constituents..."

"We are against any truce that plays into the hands of the enemy."