June 7, 2024 Crossing Wall Street
Morning News: June 7, 2024
Europe’s Fertilizer Producers Sound Alarm Over Big Imports From Russia
Putin’s Wartime Central Banker Tells Him What He Doesn’t Want to Hear
Russia’s Gain Is Turning Out to Be China’s Pain
China’s Exports Surge as Trade Tensions Near Boiling Point
China Conducts Large-Scale Audit Reviews on Biggest Mutual Funds
India’s Modi, Humbled by Voters, Faces Potent Economic Struggles
India Central Bank Keeps Rate Unchanged After Election Raises Fiscal Policy Uncertainty
US Jobs Report Is Set to Confirm a Steady Slowdown Underway
Markets Poised to Take a Jobs Slowdown in Stride
Real Estate Investors Are Wiped Out in Bets Fueled by Wall Street Loans
GameStop Whipsaws on Share Sale Plan Hours Ahead of Gill Stream
BlueBay Looks to Buy Credit Suisse Debt as EM Loan Bet Pays Off
Hedge Funds Andurand and Rokos Took Big Copper Bets Before Spike
Japan Banks to Begin Divesting Their Strategic Toyota Shareholdings
Trump Tax Cut Renewal Is Winning Wall Street, But Could Cost $4.6 Trillion
Donald Trump’s Budding Bromance with Tech Moguls
Is There Room for Common Ground on Congestion Pricing?
Banks Say Growing Reliance on Big Tech for AI Carries New Risks
SoftBank Corp. to Build Large-Scale AI Data Center in Osaka
Saudi Arabia Set to Raise Over $11.2 Billion From Aramco Stock Sale
Legacy Airlines Are Thriving With Ultracheap Fares, Crushing Budget Carriers
Wizz Air Weighs Engine Maker for New Airbus Jets Amid Groundings
The Ads on Your United Airlines In-Flight Screen Are Getting a Lot More Specific
GM Has a Secret to Help Sell Its New EVs. It’s Costco
Food Companies Are Still Paying the Price for Years of Inflation
Big Alcohol’s Monopoly Isn’t Worth Breaking Up
It’s a Buyer’s Market for Boats, RVs and Other Pandemic Toys
Be sure to follow me on Twitter.
Posted by Eddy Elfenbein on June 7th, 2024 at 7:01 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
