Der USA Bären-Thread
Wholesale inflation posts biggest increase since 2009, PPI shows
Published: Feb. 17, 2021 at 9:37 a.m. ET
The numbers: U.S. wholesale prices rose sharply in January and returned close to pre-pandemic levels, suggesting inflation is on the rise again as the economy recovers from the coronavirus pandemic. (Was das bedeutet: siehe # 099)
The producer price index jumped by 1.3% last month, the government said Wednesday. That’s the largest increase since the index underwent a major overhaul in 2009 and service prices were included in the report.
Economists polled by Dow Jones and Wall Street Journal had forecast a 0.5% increase.
The rate of wholesale inflation in the past 12 months climbed to 1.7% from 0.8% at the end of 2020 — not far from the prepandemic level of 2%.
What happened: Most of the increase in wholesale prices last month was tied to higher wholesale costs of gasoline, financial services and health care.
The core rate of wholesale inflation also surged by 1.3%. The core rate is a less volatile measure that strips out food, energy and trade margins. It tends to give a more accurate picture of inflationary trends.
The increase in the core rate over the past 12 nearly doubled in January to 2% from 1.1% in December and is now above pre-pandemic levels.
Musk has been talking about the app so much, many have speculated as to whether or not he is an investor in it. ClubHouse Media Group Inc., which trades under CMGR, is a "self-described marketing and media firm targeting social media influencers," according to Bloomberg. It is unrelated to the Clubhouse app that Musk has been pumping. Regardless, it has spiked over 1000% this year as retail traders have ignorantly (or, in some cases willingly?) mixed the two entities up.
Hilariously, this puts the fake ClubHouse at almost 2x the valuation of the actual Clubhouse.
We can't help but wonder if the company will say something to clear up the confusion. Recall, last month, Signal took to Twitter to explain that it has nothing to do with SIGL which wrongfully rocketed higher after numerous Tweets from the likes of Elon Musk and Jack Dorsey recommending the Signal messaging app.....
https://www.zerohedge.com/markets/...lated-clubhouse-media-surge-1200
And for core PPI (up 2.0% YoY vs +1.1% exp), this is by far the biggest beat vs expectations in the history of forecasting PPI...Energy costs were the biggest driver on the goods side and Transportation costs soared on the services side...This is consistent with multiple CEOs complaining of accelerating inflation for their inputs....
extending the recent rise in yields...
https://www.zerohedge.com/economics/...cer-prices-soar-record-january
und meine Watchlist schreit alles rot ...Crash !
"According to Nomura's Masanari Takada, if the selloff accelerates from here and CTAs move to the short side in UST futures, the move would be become "essentially unstoppable, pushing the 10yr yield to above 1.5% and forcing US equities (the S&P 500) to adjust downward by 8% or more."
Here are the highlights from his note published overnight:
The potential for CTAs to go further short UST futures, what it would take to put the 10yr yield above 1.5%, and when US equities might balk
Global macro hedge funds and CTAs seem likely to ease up on their selling of USTs at a 10yr yield in the 1.3%-1.4% range.
However, if it becomes the market consensus that the global economy is on its way to looking like it did prior to the US-China trade war, the 10yr UST yield could potentially keep climbing past 1.5%.
We would expect only a mild downward adjustment in US equities if the 10yr yield stays between 1.3% and 1.4%, but in a risk scenario in which the yield tops 1.5%, US equities could correct downward more sharply
https://www.ariva.de/forum/...ungsfrage-472111?page=5037#jump28876328
NYT lässt einen nur einmal lesen...
der boersen-influencer "roaring kitty" wurde angeklagt wegen boersenmanipulation. ja genau, die alte pump and dump masche. quasi pumpanddump 2.0...
I told you
Wir lernen: Was dem Herrn (Wall Street) erlaubt ist, ist dem Ochsen (Kleinzocker) noch längst nicht erlaubt.
Den Gamestock-Zocker werden sie wohl eine hohe Geldstrafe aufbrummen oder ihn vielleicht sogar wegen Marktmanipulation/Insidergeschäften in den Knast stecken.
Das ist zweierlei Maß.
Denn als die Zockerbanken die Menschheit 2008 mit ihrem Subprime-Schrott um mehrere Billionen prellten, ging kein einziger Wall-Street- Banker in den Knast. Die Zockerbanker leisteten lediglich "Ablasszahlungen"* an die Börsenaufsicht SEC - freilich "ohne Anerkennung einer Rechtspflicht". Auch wurde als Schauopfer Goldman aus der zweiten Reihe (kleiner Prop-Trader) irgendwo verhört und verwarnt, das war's dann schon.
* Die Strafzahlungen an die SEC entsprachen oft nur einem Bruchteil dessen, was die Zockerbanker zuvor mit ihren Betrügereien ergaunert hatten.
https://www.youtube.com/watch?v=_TPYuIRVfew
Auch wenn man vermutlich nicht zu viel erwarten sollte, eine Krähe hackt der anderen kein Auge aus
18:00 Uhr heute abend, schaut zu wie die SEC zeigt das sie die Schw.. der HF lutscht
https://financialservices.house.gov/live/
EIne wahrscheinlich sehr realistische EInschätzung der Lage:
https://www.reddit.com/r/wallstreetbets/comments/..._or_the_greatest/
Interessant auch, dass das Short Intereest an GMW nicht gefallen ist. I told you, keiner stellt zu diesen Kursen glatt.
https://cms.zerohedge.com/s3/files/inline-images/...jpg?itok=krJQg4VO
https://www.zerohedge.com/markets/...lammed-10y-breaks-back-above-130
Frustrated Robinhood customers wound up seeking out offerings from some of the smaller firms in the brokerage industry, steering away from the top 25 largest broker dealers in the U.S. by customers and/or assets, following the chaos.
In the 3 days after Robinhood limited trading of heavily shorted stocks, Acorns Advisers gained 100,000 new customers and M1 Finance LLC was adding 20,000 customers a day at one point, Bloomberg reported Thursday. The Acorns numbers dwarf its previous rate of accounts added, which stood at 258,000 for the entire month of January. M1's rate of adding new customers was triple that of its average.....
Robinhood's staying power still appears to be untouched. The company remains among the top 100 apps downloaded in the U.S., according to Bloomberg.
“Senior Democratic officials have discussed proposing as much as $3 trillion in new spending as part of what they envision as a wide-ranging jobs and infrastructure package that would be the foundation of Biden’s ‘Build Back Better’ program, according to three people granted anonymity to share details of private deliberations. That would come on top of Biden’s $1.9 trillion relief plan, as well as the $4 trillion in stimulus measures under former president Donald Trump”
Pushing 10Y above 1.30% again...
https://www.zerohedge.com/markets/...why-volmageddon-20-may-be-coming