Independent thinking for complex markets and current events
Whole thing reeks of paper tiger energy and nobody’s buying it anymore. 🇺🇸 Trump at 2:00 PM — “I don’t want them making $500 million a day from the Strait of Hormuz. We’ll wipe out their entire civilization if we have to.” 🇮🇷 Iran at 3:00 PM — “We’ve established an authority to manage the …
FISA 702 allows intelligence agencies to collect foreign communications that can include Americans’ data without a warrant. Pardon my French… Fuck both sides. pic.twitter.com/3betMdJJTa — Cyn (@csalazar3084) April 29, 2026 Disregard the title on the roll call. The mismatch happens because House leaders—to speed things along—substituted the text of the FISA 702 reauthorization into an …
Reporter’s summation of today’s episode from Frontline Africa news podcast: Five things you should take away from this episode. The number one thing is that this is now a four-front war. Iran from the east, Hezbollah from the north, the Houthis from Yemen in the south, the Iraqi militias hitting American targets across the Middle …
Eating out in America isn’t as enjoyable as it used to be, and people are starting to talk about it more openly than ever. Prices are way too high, and the whole experience feels different now. The food isn’t as good. The portions are smaller. The hidden fees keep piling up. And a growing number …
https://twitter.com/julianliu_views/status/2013799482379395116
Last quarter I rolled out Microsoft Copilot to 4,000 employees. $30 per seat per month. $1.4 million annually. I called it “digital transformation.” The board loved that phrase. They approved it in eleven minutes. No one asked what it would actually do. Including me. I told everyone it would “10x productivity.” That’s not a real …
Palantir CEO Alex Karp on Zohran Mandani: “The average Ivy League grad voting for this mayor is annoyed their education is not that valuable, and that the person who knows how to drill for oil has a more valuable profession” “I think that annoys the fuck out of these people” Palantir CEO Alex Karp on …
HYG and JNK have been weak for the last 2 weeks. There is stress in credit and financials have been weak. — Will O'Hara, CMT (@WillOHara131) October 11, 2025 Foreigners have not even started dumping UST. Japan has not even started raising rate to lower 12% inflation. You have seen nothing yet folks. This is …
Authored by Mike Shedlock via mishtalk, The CPI was higher than expected in August, but the Fed will do what it wants to do. The CPI Rose 0.4 Percent in July The BLS reports the CPI Rose 0.4 Percent in July, higher than the Bloomberg Econoday consensus of 0.3 percent. The BLS reports to a single …
The penalty is real. The tariffs are live. At 12:01 a.m. EDT, the Trump administration doubled duties on Indian goods, jumping from 25% to 50% and hitting more than half of India’s exports to the United States. The White House cast the move as punishment for India’s continued purchases of Russian oil, framing every barrel …
Magnificent 7 mask ugly earnings across the broader market. OUCH! The S&P 493 – that’s the S&P 500 excl “Magnificent 7” – is expected to deliver just 2-3% net income growth in Q2, Q3, and Q4. That’s slower than inflation, meaning most of the market is barely growing in real terms. Measured against this, US …
The Department of Justice (DOJ) warned a Jan. 6 defendant Tuesday that his sentence would not be reduced, regardless of the Supreme Court’s decision in a coming case related to a statute he was charged under. Jan. 6 defendant Anthony Williams asked the court in February to grant him bond pending his appeal in light of the …
When is it enough? We can't afford to pay for the entire world to come to the USA. But that is what Biden is allowing with open borders. 🤡🌎 pic.twitter.com/Fba4fTHhi3 — Wall Street Mav (@WallStreetMav) December 31, 2023 This is it. There is nowhere else to go. No one is going to bring us foreign …
Tesla will sue you for $50,000 if you try to resell your Cybertruck in the first year. Tesla added a section titled “For Cybertruck Only” to its Motor Vehicle Order Agreement, which laid out the new rules. “You agree that you will not sell or otherwise attempt to sell the Vehicle within the first year …
Joe Biden admitted the United States military is low on ammunition. Yes, for all the world to hear, including our enemies, Joe Biden plainly said the United States military is low on some types of ammunition. This apparently is why he approved sending ‘cluster bombs’ to Ukraine. During the interview, which aired Sunday morning, Biden …
