Super Micro Shares Plunge 8% After Hindenburg Shorts, Claims "Fresh Evidence" Of Accounting Manipulation

teaser image
teaser image

"Beyond fresh questions around its revenue accounting, we found that Super Micro’s relationships with both disclosed and undisclosed related parties serve as fertile ground for dubious accounting..."


Three Quarters Of Democrat Voters Don't Know What Any Of Kamala Harris' Policies Are

teaser image
teaser image

Do they even care?


US Home Prices Surged To New Record High In June

teaser image
teaser image

...just in time for rate-cuts!?


"Fearless Markets Are The Ones That Should Be Most Feared..."

teaser image
teaser image

Along with the rapid decline in implied correlation, it suggests a return to old habits, including selling dispersion...


Futures Flat As Yields Jump, Traders Brace For Nvidia Earnings

teaser image
teaser image

"Nvidia’s numbers will be good but what matters is the guidance in order to understand if the demand is still healthy. If we get bad news, the rotation will be ever stronger as the market is still very heavy on the mega-cap.”


FTC To Battle Restaurants Over "Junk Fees" Added To Customer Checks

teaser image
teaser image

 “The challenge for the restaurants is that not all fees are junk fees … People know what they’re paying for when it comes to most fees that are on a restaurant bill.” 


If Everything Is So Great, Why Are Millions Of Americans Sleeping In Their Vehicles?

teaser image
teaser image

The primary reason why so many people are living in their vehicles is because the cost of living has soared to unprecedented heights...


SpaceX Delays Historic 'Polaris Dawn' Mission Over "Ground-Side Helium Leak" 

teaser image
teaser image

The next launch opportunity is no earlier than Wednesday.


How To Tell If Your Social Security Number Was Compromised In Massive Data Breach

teaser image
teaser image

At least two websites have been set up to allow Americans to check if they’ve been compromised.


RV Downturn Turns Apocalyptic With Largest Dealership Offering 55% Discounts

teaser image
teaser image

"So, facing that backdrop, we have continued to focus on the things we can control, maintaining healthy vehicle inventory..." 


teaser image
teaser image
  • Equities are modestly firmer across the board, despite a mostly lower APAC session overnight
  • Dollar is flat, GBP outperforms with Cable back above 1.32, JPY is lower
  • Bonds hold a bearish bias, with Bunds unreactive to the poor German GDP/GfK metrics
  • Crude is on the back foot, XAU is slightly softer and base metals gain
  • Looking ahead, US Richmond Fed, NBH Policy Announcement, Fed Discount Rate Minutes, and Supply from the US

Poland Searching For Russian Drone That Breached Its Airspace

teaser image
teaser image

"The object disappeared from the radars around 25 kilometers deep into Polish territory."


The 12 things you need to know ahead of the NVDA print

teaser image
teaser image
Positioning and valuation cleaner but still many other things to beware.

Ukraine Might Be Gearing Up To Attack Or Cut Off Belarus' Southeastern City Of Gomel

teaser image
teaser image

Something is cooking, and it doesn’t bode well for Belarus...


"This Is A Clear Sign Of The Collapse Of American Credibility & Deterrence" 

teaser image
teaser image

"America can and must do better! Leadership matters."


Ukrainian Commanders Blame Poorly Trained Soldiers for Donbas Losses: 'Panic & Chaos'

teaser image
teaser image

"Now, even when there is light shelling of firing positions, they are retreating," said one soldier. 


These Are The World's Tallest Skyscrapers

teaser image
teaser image

The modern skyscraper: born in America, adopted by China, and now a key part of iconic city skylines around the world... But how tall have they become in the 150 years that humans have been building them?


How Qatar Spreads Chaos In The Middle East And Fuels Radical Islam In Europe

teaser image
teaser image

Qatar may be a tiny nation, but it packs a serious punch that threatens the global order...


teaser image
teaser image
APAC stocks traded mostly lower in quiet newsflow following a mixed lead from Wall Street, which saw the tech sector lag ahead of NVIDIA earnings on Wednesday.

The Quiet Before The Storms In Ukraine, Gaza, And Taiwan?

teaser image
teaser image

Amid doubts about Biden's ability to effectively lead the U.S. in his remaining months as president, our enemies abroad might see an opportunity to alter the global balance of power...