Article
UBS Warns America's Restaurants Locked In "Difficult Cycle" As Tax-Refund Sugar-High Fades
UBS Warns America's Restaurants Locked In "Difficult Cycle" As Tax-Refund Sugar-High Fades
There is certainly a growing consensus on Wall Street that the tax-refund sugar high is fading just as consumers' financial profiles deteriorate. The latest read-through comes from UBS analyst Dennis Geiger, the bank's U.S. restaurants equity research analyst, who warns that a toxic cocktail of macro pressures is likely to crimp restaurant spending in the second half of the year.
Geiger warned in a note that elevated gas prices at the pump appear to be offsetting tax-rebate benefits, while...
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Is Trump 2.0's 'Escalation' Strategy Against Russia Starting To Take Shape?
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Authored by Andrew Korybko,
The US is preparing to radically intensify the Ukrainian Conflict over the coming year...
Trump’s decision to sign the “G7 leaders’ joint statement on geopolitical issues” calling for more arms to Ukraine and sanctions on Russia signaled that he’ll now “escalate to de-escalate” (E2DE) through a “war of attrition” waged by Ukraine. The EU will back this campaign to the hilt and Trump 2.0 will seek to obtain control over Russia’s natural resources companies as its top goal via...
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IBM Soars On Resurfaced Trump Clip, Barclays Buy Rating As MoMo Rally Accelerates
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IBM shares jumped as much as 15% in premarket trading after Bloomberg described a recirculated video of President Trump stating that the stock is "going to go up a lot more."
The clip, reposted by Polymarket Money on Saturday evening, appears to have fueled another leg higher in what has already been an eye-popping, multi-week rally.
In the clip, dated December 10, Trump boasted that IBM CEO Arvind Krishna had "taken the stock from a rather low price to...
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