Independent thinking for complex markets and current events
Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
Oil never caused inflation like this useless compute demand does. Goldman Sachs reports highlight data center electricity demand as key driver of power price spikes. US grid strain from AI and cloud growth keeps growing fast. Inflation concerns rising over energy costs tied to tech expansion. Going to be hilarious when data centers instead of …
The Federal Reserve – and new chair Kevin Warsh – may have just marked the end of an era for the U.S. housing market and financial markets in 2026. For more than twenty years, investors became accustomed to the Federal Reserve stepping in whenever markets weakened. The early 2000s, the post-2008 recovery, and the pandemic …
by Martin Armstrong FOX Business reported that the average monthly payment for a new vehicle reached a record $770 during the first quarter of 2026, according to LendingTree’s analysis of Experian data. Lease payments climbed to $619 per month, while used vehicle payments reached $531. The average amount financed for a new vehicle rose to $43,925, and …
By Peter Reagan A thousand dollars looks like a great deal in a maternity ward. Eighteen years later, when that baby is preparing for college, looking for a first home or trying to build an adult life, the same thousand dollars may not look quite so substantial. That does not make Trump Accounts a bad …
“America innovates.” “China replicates.” “Europe regulates.” It gets passed around online so much that most people stop thinking about it. America innovatesChina replicates Europe regulatespic.twitter.com/A6fzW8iSWf — Dr. Eli David (@DrEliDavid) July 11, 2026 Then you start comparing what each region is actually doing. The US keeps producing companies like Apple, Tesla, OpenAI, Nvidia, and breakthroughs …
For years, Japan was the country that couldn’t raise interest rates. Deflation wouldn’t let it. Weak growth wouldn’t let it. An aging population wouldn’t let it. Now people are seriously talking about the Bank of Japan pushing rates above 2% this cycle. That number doesn’t sound impressive if you’re looking at the Fed. For Japan, …
It’s amazing what can be revealed when you go to the source. 1. No one knows who the owner is2. Everyone hired in the past month3. Impossible to bill for 8,000 patients 100% fraud — Nick shirley (@nickshirleyy) July 11, 2026 The $9.4 million caught my attention. Then the employee list did. Palace Daycare billed …
Iran just dared Trump and got hit back hard on their energy crown jewels. Closing Hormuz is suicide for their economy but they did it anyway. 🚨🇺🇸🇮🇷 BREAKING: Strikes are reportedly hitting Asaluyeh and Bushehr right now. -U.S. airstrikes are reported against Asaluyeh in southern Iran, with additional strikes in Bushehr -Asaluyeh is the onshore …
Everyone talks about chips. Nvidia. TSMC. AI data centers. But a much smaller resource just reminded everyone that the AI race depends on things most people never think about. Helium. China temporarily banned helium exports as the Iran conflict disrupted global supply chains and raised concerns about shortages of a gas that is critical for …
The biggest test for SpaceX might not be Starship. It might be simple supply and demand. After becoming one of the largest IPOs in history, SpaceX is now facing its first major lockup expiration. And the numbers are ridiculous. The first major unlock could release around 911.5 million shares. That’s about 142% of the original …
I think this is where a lot of people get the economy wrong. They’re judging today’s Federal Reserve with a 1990s playbook. Back then the Fed was mostly known for one thing. Raise rates when inflation got too hot. Cut rates when the economy slowed. That was pretty much the conversation. Look at today’s Fed. …
U.S. FDA Approves PADCEV® plus Keytruda® as Neoadjuvant and Adjuvant Treatment for Muscle-Invasive Bladder Cancer Regardless of Cisplatin Eligibility First and only treatment regimen for adults with MIBC, regardless of cisplatin eligibility, representing a platinum-free potential standard of care Broadened approval supported by Phase 3 EV-304 data showing a nearly 50% reduction in the risk …
Something about these wealth numbers is hard to ignore. Billionaire wealth jumped 16% in 2025 to a record $18.3 trillion. The world’s 12 richest people now hold more wealth than the bottom 4 billion people combined. Global personal wealth increased 10.8% last year. But the big question is where that wealth went. The gains were …
Trump openly admits he cares more about higher asset prices than regular people affording homes. Record high prices already crush young buyers and families while he pushes for more increases. Donald Trump on his housing affordability plan, in his own words:—"It's so unimportant"—"It's a big yawn"—"I don't think about Americans' financial situation"—"I don't want to …
This covers everything. Mortgages auto student and corporate debt all ready to blow. 2008 was small compared to what builds now. System too leveraged and one shock ends it. Private credit defaults and commercial real estate stress reports keep growing.
No way to repay 40 trillion without destroying the dollar through inflation. Young people are screwed. Buy gold and hard assets now because the bill is coming due fast. First 9 months of FY2026 deficit hit nearly 1.4 trillion dollars. That beats the 1.3 trillion deficit from the same period last year. Borrowing pace means …
This is one of the stranger breakups in the AI race. Apple helped bring ChatGPT into its ecosystem. Now Apple is suing OpenAI and accusing the company of stealing trade secrets to build AI hardware. The lawsuit claims former Apple employees took confidential information related to unreleased products, hardware designs, and internal processes to help …
Something strange happened with Meta. Mark Zuckerberg admitted AI agents were not progressing as quickly as executives expected. The stock went up anyway. That is the kind of market reaction that makes people stop and ask what exactly investors are pricing in. Meta had spent months under pressure because investors were worried about the massive …
More guilty pleas continue rolling out from the Feeding Our Future scandal in Minnesota. Investigators trace funds to real estate and overseas accounts. Public calls grow louder for deportation of all convicted fraudsters and full accountability from state officials who enabled it. Meet Fahima Mahamud:– Operated the largest government funded Learing Center in Minnesota, received …
One thing immediately stood out. This doesn’t look like Meta trying to beat Nvidia. It looks like Meta trying to escape dependence on Nvidia. Meta plans to spend up to $145 billion on AI infrastructure this year. Its first in house Iris AI chip enters production in September. The company wants to double computing capacity …
This is not copying it is adapting the idea into something lighter and potentially more efficient for their specific needs. The real story is that reusability is no longer one company’s secret it is becoming standard and different nations are solving it their own way. Watch the payload numbers and turnaround times next. BREAKING: For …
Zuckerberg pulls the same trick every few years make it public by default then act surprised when people freak out. Your photos become raw material for random strangers to make whatever AI garbage they want. Delete the app and go private or better yet quit the platform. They will keep doing this until users finally …
They load debt for dividends and dump it on new investors in the IPO. Classic private equity move ruin the product extract cash and leave the mess behind. Once great sandwich now feels like a scam. Jersey Mike’s sandwiches have shrunk dramatically. I just got one and was shocked how small it is. I looked …
Railroads left tracks that powered America for generations while AI chips get replaced every three years like fast fashion. Data centers will sit idle or get bailed out by governments because private revenue never covers the power bills. This is not infrastructure it is a surveillance grid funded by hype and debt. When the bubble …
Japan pension money heading home means less buying of US assets. Hindenburg Omens fire repeatedly but market laughs until it suddenly does not. Record leverage carry trade and policy mess equal violent unwind setup. S&P 500 CAPE ratio sits above 40 times a level only seen once before at the 2000 dot com peak. Earnings …
They take federal climate cash and turn it into overpriced concrete so connected companies and politicians get paid. California is a full blown cartel running the state like a racket. Taxpayers get screwed twice, once for the project and again for the fake environmental credits. San Bernardino spent $961,000 on Del Rosa Avenue sidewalk improvements. …
