Independent thinking for complex markets and current events
A new kind of flu vaccine moved a step closer to the U.S. market Thursday as federal health advisers recommended approval of the first made with the same mRNA technology that was key to ending the COVID-19 pandemic. The Food and Drug Administration is evaluating Moderna’s new shot, dubbed mFlusiva, for older Americans ahead of …
Some stories make people stop and say: wait, what? The controversy around the Lincoln Memorial Reflecting Pool renovation was already getting attention after reports that parts of the project were showing problems shortly after completion, including algae returning and paint issues. Then another detail started circulating. A company connected to John Cafaro, a Trump donor …
This is the part of the franchise world that many people do not think about. You can spend years building a successful business, invest hundreds of thousands of dollars into improvements, inventory, and upgrades, and still discover that the most important thing you own is not actually yours. Franchise agreements usually have an expiration date. …
This is one of those stories where you hear the details and think, wait… how did this become normal? In Sterling, Virginia, residents near Vantage’s VA2 data center say natural gas turbines powering the facility have been running constantly since March 2025. The problem? They say the high-pitched noise never goes away. Neighbors describe hearing …
On May 14th, 2026, a Beech King Air C90 operated by Generation Jets crashed into the Capitan Mountains near Ruidoso, New Mexico, killing all four on board — two pilots and two flight nurses on a Part 135 air ambulance mission. The NTSB has released its preliminary report on accident WPR26FA186, and it confirms that …
https://t.co/FT7qvuoJ0XI think Nick is right. All performative bullshit. — nunya (@nunya88788772) June 19, 2026
A federal appeals court has overturned a historic federal ruling that found that fluoride poses an “unreasonable risk,” sending the case back to a district court and directing the court to ignore evidence presented after 2020. On May 21, a federal appeals court overturned a September 2024 federal ruling that concluded that water fluoridation “poses …
Something about the IRA contribution limit feels a little strange when you look back at where it started. When the IRA was created in 1974, the contribution limit was $1,500. That sounds small today, but here is the interesting part: adjusted for inflation, that $1,500 would be roughly $10,132 today. The current 2026 IRA contribution …
In a death spiral byu/WTD_Ducks21 inButtcoin “Genuinely asking how they can get back to their $100 peg. This is on a day when market is pretty hot as well.”
By Peter Reagan Public domain photo Human beings may be the most naturally argumentative species on the planet. If there is something that can be debated, someone will almost certainly take the opposite side. Sometimes those disagreements are minor and harmless. Other times, they involve major decisions that can affect families, businesses and entire communities. …
A major liquidity indicator just turned negative for the first time since 2021. That matters because this indicator is designed to track whether liquidity conditions are helping or hurting markets. And right now, it is flashing a warning. Then you look at the rest of the picture. JPMorgan is warning about a possible $165 billion …
The 9th Circuit Court of Appeals has blocked enforcement of key parts of California’s AB 1955, the law that prevents schools from being required to notify parents about a student’s gender identity or transition without the student’s consent. The ruling is narrow for now. It applies to certain parents and schools involved in the lawsuit, …
President Trump sits down with Axios’ Marc Caputo for a wide-ranging conversation about power, war and America’s role in the world. In this episode of The Axios Show, Trump discusses what he has learned about wielding power, why he says there are “no limits” to presidential power, and how he views the leaders shaping global …
Vance says Iran would need 'a lot of money to rebuild the nuclear program'. Luckily, Trump's deal gives it $300 billion byu/lexi_con inWallStreetbetsELITE
Peter nails it. I’m watching Pharma get completely taken over by women. DEI rules. I’m guessing it’s 80% female now. The ironic thing is the biggest winners in DEI weren’t blacks, LGBTQ, or Hispanics. It was white women. Go figure. Men have little chance. Sad https://t.co/Eo6hQpYs62 — QE Infinity (@StealthQE4) June 19, 2026
Trump has significantly intensified this 'no limits' approach and conduct during this term compared to his first. He shows little respect for the rule of law, the Constitution, or international law. He frequently disregards regulations and seems unconcerned about… — DeSota (@desota) June 19, 2026
The slaves in Texas weren’t the last freed. Slavery didn’t end until December 6, 1865. We’re celebrating the wrong date. Originally published on June 19, 2021 — the first official Juneteenth federal holiday — Peter Schiff examines the historical record behind the date and argues that June 19th was never the day slavery ended in …
https://t.co/tEpEvVkGWR — floridanow1 (@floridanow1) June 19, 2026 U.S. intelligence has warned Trump that Netanyahu is sabotaging the peace deal Our tax dollars at work — Nostra, House of Gold (@Nostre_damus) June 19, 2026 HILARY CLINTON TURNS AGAINST ISRAEL AS WELL 🚨🚨 WHAT THE FUCK IS GOING ON? pic.twitter.com/bt6AoKqk1x — Parody Jeff (@Parodyjeffx) June 18, 2026 …
I had to double-check this one because the number looks ridiculous. A house in Forney, Texas sold for about $388,000 in 2022. Now it’s listed as a HUD foreclosure for about $216,000. That’s a drop of roughly $172,000. Or about 45%. For a house that was built just a few years ago. The listing history …
The Fed just held rates steady at 3.5% to 3.75% and sounded pretty hawkish. No rush to cut. Inflation still matters. Higher-for-longer remains the message. So far, pretty straightforward. Then I looked at the balance sheet. According to David Rosenberg, the Fed’s balance sheet has been growing at roughly a 10% annualized rate over the …
The debate is no longer just: “Will AI change the world?” The bigger question is: “Did investors already pay for too much of that future?” A Michigan pension fund has sued Microsoft, accusing the company of misleading investors about AI and cloud growth. $MSFT getting sued for being down 20% by Michigan pension fund for …
⚠️Liquidity conditions are DETERIORATING rapidly: The Excess Liquidity Leading Indicator has rolled over sharply and turned negative for the first time since 2021. This metric measures real money growth relative to economic growth, and historically has led the US stock market… pic.twitter.com/N5Ua16Fwi4 — Global Markets Investor (@GlobalMktObserv) June 19, 2026 Add in the recent Fed …
This clip is getting attention because the question is bigger than Medicaid. Holy shit. This video of a Trump advisor saying on CNN that the White House is “not afraid” to cut Medicaid and says “everything” is “on the table” including cuts on Social Security. MAGA is about to lose their health care. #HandsOffOurSocialSecurity pic.twitter.com/S51mPVFHTQ …
After the U.S. reached a deal with Iran, the focus may now be moving to another nuclear problem. South Korea’s president said Trump told him: The time has come to focus on North Korea’s nuclear program. The comment came during their meeting at the G7 summit in France. South Korea also raised another issue. The …
Awesome rant: Bravo! pic.twitter.com/QUwXg7uYJz — QE Infinity (@StealthQE4) June 19, 2026
The U.S. Labor Department just sent letters to all 50 states and territories telling them to do more to stop unemployment fraud, waste, and abuse. The warning? If states do not improve their systems, they could lose federal funding used to run unemployment programs. According to the announcement, this is the first time in U.S. …
This is one of those numbers where the context matters. Cushing, Oklahoma oil storage is down to around 20 million barrels. That is the lowest level since 2014 and close to the point where the physical oil market can start getting much tighter and more expensive to operate. Over the past few weeks, inventories have …
SpaceX just went public on June 12. Now, only days later, bankers are preparing to talk with investors about a new bond sale worth at least $20 billion. The reason? SpaceX wants to refinance a $20 billion bridge loan it used earlier for the xAI deal. The loan does not mature until September 2027, so …
This number is what caught my attention. China’s government debt to GDP ratio jumped from 90.4% to 99.2% in one year. Almost a 10 percentage point increase. That means debt grew much faster than the economy. China’s official GDP growth in 2025 was about 5.0%, but government borrowing increased at a much faster pace. And …
Israel and Hezbollah announced a ceasefire that was supposed to begin at 4 PM local time. But before and around that announcement, Israeli strikes hit multiple locations across southern Lebanon. According to Lebanon’s health ministry, 47 people were killed and 97 wounded since midnight, including women and children. Israel says 4 soldiers were killed by …