ZH: Job openings unexpectedly surge, driven entirely by government jobs
ZERO HEDGE reports: After two months of sharp declines in the number of job openings, moments ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
ZERO HEDGE reports:
The July FOMC meeting confirmed Powell and company are inching closer and closer to embarking on the interest rate cutting cycle. Rate traders are pricing in the first 25bps cut for mid-September. The Fed will only move into a cut cycle if inflation data cooperates and economic activity deteriorates.
The Fed’s interest rate hiking campaign over the last 2.5 years has dented consumer spending and corporate profits, with borrowing costs slowing down the overall economy to tame inflation.
While the first rate cut won’t meaningfully make a difference for consumers, some of whom (low/mid-tier) are in rough shape, it will lower borrowing costs for companies big and small.
Bloomberg data shows corporate America’s interest in the highly anticipated rate-cut cycle has surged to new record highs in earnings calls…
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