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JPMorgan sees equity stress easing in second half

JPMorgan sees equity stress easing in second half

A selloff that saw US stocks sink into a bear market last week amid red-hot inflation data and a sharp Federal Reserve rate hike will likely ease in the second half, according to JPMorgan Chase & Co. “The call of peak Fed hawkishness got delayed, but it is not broken, for the second half,” strategists led by Mislav Matejka wrote in a note. “The continued adverse repricing of the Fed has…

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Treasury Secretary Janet Yellen: Biden Not Responsible For High Gas Prices, Only Way to Fix It Is a Shift to Renewables To Address Climate Change

Treasury Secretary Janet Yellen: Biden Not Responsible For High Gas Prices, Only Way to Fix It Is a Shift to Renewables To Address Climate Change

Treasury Secretary Janet Yellen, who recently admitted to being wrong about inflation concerns, says the Biden administration is not responsible for rising gas prices and the only way to fix the crisis is to “move to renewables to address climate change.” Her comments are an inadvertent PSA on the dangers of putting unqualified people in prominent roles of power. Yellen, during an appearance on…

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Russian journalist Dmitry Muratov auctions Nobel medal for $103m

Russian journalist Dmitry Muratov auctions Nobel medal for $103m

Dmitry Muratov says all the money from the auction will go to help refugees from the war in Ukraine. Source link

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Art of the deal: South Korean millennials swap stocks for art | Arts and Culture News

Art of the deal: South Korean millennials swap stocks for art | Arts and Culture News

Incheon, South Korea – Kim, 35, did not explicitly object when his wife started investing in art three years ago – but he had his reservations. “I told her that I’m fine as long as you want it,” the video game designer, who asked to be identified by his last name only, told Al Jazeera. “But I was secretly thinking, why not just invest that money into stocks or something?” But as time passed, Kim…

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Sharad Pawar: Presidential poll: TMC's Abhishek Banerjee to attend opposition meet convened by Sharad Pawar

Sharad Pawar: Presidential poll: TMC’s Abhishek Banerjee to attend opposition meet convened by Sharad Pawar

A senior Trinamool Congress functionary Monday said its national general secretary Abhishek Banerjee is likely to represent the party at the opposition meeting convened by NCP chief Sharad Pawar on June 21 over the upcoming presidential poll. West Bengal Chief Minister Mamata Banerjee is unlikely to participate in the meeting due to prior engagements. “The CM has asked Abhishek Banerjee to be…

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Fire And Brimstone From The Hip: Trump Previews 2024 Campaign

Fire And Brimstone From The Hip: Trump Previews 2024 Campaign

By Philip Wegmann for RealClearPolitics Donald Trump traveled here, to the annual “Faith and Freedom Coalition” policy conference, an event billed by its organizers as the premier national gathering for conservative activists who happen to be people of the Christian faith, to condemn enemies and rebuke old friends, to relive triumphs and revisit gripes, to settle scores and to solidify his grip…

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Assam: India floods destroy millions of homes and dreams

Assam: India floods destroy millions of homes and dreams

Unprecedented rainfall and flooding have left behind a trail of death and destruction in Assam. Source link

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Thousands rally in Georgia in support of EU membership bid | European Union News

Thousands rally in Georgia in support of EU membership bid | European Union News

Demonstration in Tbilisi comes days after the European Commission recommended deferring Georgia’s candidacy. Thousands of people in Tbilisi have turned out to demonstrate for a closer relationship with the European Union, days after the European Commission recommended deferring Georgia’s candidacy. Waving Georgian, Ukrainian, and EU flags, an estimated 60,000 demonstrators gathered outside the…

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Mamata Banerjee: BJP trying to create armed cadre base through 'Agnipath' scheme: Mamata Banerjee

Mamata Banerjee: BJP trying to create armed cadre base through ‘Agnipath’ scheme: Mamata Banerjee

West Bengal Chief Minister Mamata Banerjee on Monday slammed the BJP-led central government over the ‘Agnipath’ scheme, alleging that the saffron camp was trying to create its own “armed” cadre base through the new defence recruitment programme. Terming the scheme as an insult to the armed forces, Banerjee also wondered whether the BJP plans to hire ‘Agniveer’ soldiers as “watchmen” at its party…

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Under New Law, Arizona Students Will Learn History Of Communism

Under New Law, Arizona Students Will Learn History Of Communism

By Carly Moran (The Center Square) Arizona students will graduate from high school with an education on the history of communism.  Gov. Doug Ducey signed HB 2008, a bill previously attempted last session. Presented by State Rep. Quang Nguyen, R-Prescott and co-sponsor House Majority Leader Ben Toma, R-Peoria, the bill requires public school students to take a critical look at the faults of…

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US Supreme Court: The woman who could end Roe v Wade

US Supreme Court: The woman who could end Roe v Wade

The case, Dobbs v Jackson Women’s Health Organization, centres on a Mississippi law that would ban abortion after 15 weeks of pregnancy, even in cases of rape or incest. Under Ms Fitch’s direction, the state asked the Supreme Court to uphold the law and slash the landmark Roe v Wade decision in the process. A ruling is expected this month. A leaked draft suggests it is likely that Mississippi’s…

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Ukraine attacks oil drilling platforms off Crimea coast: Official | Russia-Ukraine war News

Ukraine attacks oil drilling platforms off Crimea coast: Official | Russia-Ukraine war News

Head of Moscow-controlled Crimea says three people were injured, seven missing after Ukraine fired on Black Sea oil drilling platforms. The governor of Moscow-controlled Crimea has said three people were injured and seven are missing after Ukraine fired on three oil drilling platforms in the Black Sea off the Russian-annexed peninsula. “We confirm that there are three injured and seven reported…

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Ahead of Narendra Modi's visit to Karnataka, Siddaramaiah raises host of issues

Ahead of Narendra Modi’s visit to Karnataka, Siddaramaiah raises host of issues

Ahead of Prime Minister Narendra Modi‘s two-day visit to Karnataka, Leader of Opposition in the state Assembly Siddaramaiah has questioned him on a slew of issues in a series of tweets with “#AnswerMadiModi”, including on the “delay” in granting approval to Mekedatu project and alleged Hindi “imposition”. The PM’s visit comes at a time when political atmosphere is beginning to heat up in the…

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Bill Maher Defends FL Gov. DeSantis By Saying He Would Be 'Better Than Trump'

Bill Maher Defends FL Gov. DeSantis By Saying He Would Be ‘Better Than Trump’

The old saying that “politics makes strange bedfellows,” may never be more on display than with the upcoming midterms and eventual presidential cycle. HBO Host Bill Maher has been reliably progressive in his views for years, but recently the far-left tilt in the Democrat party has been too much even for Maher to bare. On Friday night’s “Real Time with Bill Maher,” he gave some praise to an…

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Africa is a hostage of Russia's war on Ukraine, Zelensky says

Africa is a hostage of Russia's war on Ukraine, Zelensky says

Russia is stopping grain leaving Ukrainian ports, sparking warnings tens of millions risk famine. Source link

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Zimbabwe healthcare workers strike over wages, inflation crisis | Business and Economy News

Zimbabwe healthcare workers strike over wages, inflation crisis | Business and Economy News

Harare, Zimbabwe – Zimbabwean healthcare workers have gone on strike to compel the government to pay salaries in US dollars as spiralling inflation has eroded the purchasing power of their take-home pay. The country’s nurses, doctors, pharmacists, radiologists and other medical professionals did not turn up for work on Monday in an action that strike organisers described as a huge…

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nifty: Tech View: Nifty forms indecisive candle but analysts see recovery ahead

nifty: Tech View: Nifty forms indecisive candle but analysts see recovery ahead

New Delhi: Nifty50 on Monday snapped a six-day losing streak and formed an indecisive candle on the daily chart. The advance-decline ratio for the broader market remained skewed in favour of the bears, but analysts said certain technical parameters on Nifty50 are hinting at recovery ahead. Certain positive factors cropped up on the lower time frame charts in the form of positive divergences apart…

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