Month: June 2022

Germany To Trigger Second Stage Of Emergency Gas Plan

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🇩🇪 🇩🇪 #Germany may soon trigger the #second #stage of the country’s gas-#emergency plan
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Russia’s Ruble Surges To Highest Since 2015

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🇷🇺 🇷🇺 #Russia’s #ruble hit 52.3 to the dollar on Wednesday [22 Jun], an increase of roughly 1.3% on the previous day and its #strongest level since May 2015
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Fed Has Just Been Given A Third Mandate

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🇺🇸 🇺🇸 #Congress just #passed a #bill that would give the #Fed a 3rd #mandate: use monetary policy to #discriminate on basis of race until they achieve equality of outcome
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Mortgages: Powell Admits Sone May Be Priced Out

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🇺🇸 🇺🇸 #Powell: “Some people will be #priced #out of the #mortgage market, but that is ultimately what needs to happen if we are to get back to price stability”
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Manhattan: Slowest Week For Lux Condos In Two Years

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🗽 🗽 #Manhattan’s #luxury #real #estate market just experienced its #slowest week in almost two years. Only 12 contracts were signed for condos priced above $4 million in the period from June 13 to 19
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Make 50% From This Recession Proof Play

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💥💥 This SouthEast Asian #Concrete Producer Has A 40% Market Share And Is Poised To Climb 50%
It is one of the #largest concrete makers in South East Asia and is a key beneficiary of the construction sector recovery
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VW Confident Of Overtaking Tesla

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🇩🇪 🇩🇪 #Volkswagen CFO: I am confident that we can #overtake #Tesla by 2025
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Powell Does Not Rule Out A 100 Point Rate Hike

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🇺🇸 🇺🇸 FED’S #POWELL WHEN ASKED ABOUT A RATE HIKE OF 100 BASIS POINT: I WILL #NEVER TAKE #ANYTHING #OFF THE #TABLE
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Hedge Fund Opens AMC Short Position

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🚨 🚨 #Hedge #fund manager Cliff Asness opens new #AMC short position, and states: ‘I dare all the meme stock maniacs to try to hurt us’
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Ray Dalio: Fed Inflation Fight Will Create Economic Weakness

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🚨 🚨 #Ray #Dalio: “There isn’t anything that the Fed can do to fight inflation without creating economic weakness”
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