Protests in China are on the rise due to the housing crisis and the slowing economy
Source : Bloomberg
Stock buyback tax would quadruple under Democrats' plan
Source: MarketWatch
GERMAN MP: UKRAINE MUST PAY FOR DAMAGE TO NORD STREAM PIPELINES
Some major changes on Germany-Ukraine relationships took place over the recent days... Last week, Germany said it has frozen its military aid to Ukraine, claiming that a domestic budgetary crisis means it can no longer afford to supply Kyiv with new weapons. Olaf Scholz, the German chancellor, told his defence minister this month that there would be no money available for further military aid, according to a new report in the Frankfurter Allgemeine newspaper. Today, Alice Weidel has called for Ukraine to compensate Germany for the damage caused to its economy as a result of the attack: “The economic damage to our country caused by the demolition of Nord Stream presumably ordered by Zelensky - and not Putin as we were led to believe - should be "billed" to Ukraine.” Berlin-Kyiv relations were strained after the German Prosecutor General's Office issued an arrest warrant for a Ukrainian suspected of involvement in the pipeline sabotage. Source: Mario Nawfal on X
The Economist revised forecast shows the presidential election between Kamala Harris and Donald Trump is, in effect, a toss-up.
Source: The Economist
BREAKING: Prediction markets are now showing a 53% chance of Kamala Harris winning the 2024 election, according to Polymarket.
These markets are different than polls in that the probabilities are based on real money wagers. In 2016, polls put odds of Hillary Clinton beating Trump at 70%, with some as high as 98%. Trump's victory in 2016 ended up resulting in one of the largest polling and election forecaster failures in history. Will prediction markets prove to be more or less accurate? Source: The Kobeissi Letter
The European Commission has denied that its internal market commissioner had approval from Ursula von der Leyen to send the letter
one EU official saying, 'Thierry has his own mind and way of working and thinking'. Source: FT
BREAKING: For the first time ever, Kamala Harris is leading Donald Trump in Polymarket's 2024 election odds.
At one point, prediction markets saw a 10+ percentage point lead by Donald Trump. Source: The Kobeissi Letter
Donald Trump said the Fed has "gotten a lot wrong," and "US Presidents should have a say in Fed actions."
“I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the chairman" What do you think? Source: Stocktwits
