Independent thinking for complex markets and current events
Powerful GOP Congressman Dismisses Rising Gas Prices from Iran War: ‘That’s Life’ Ohio Rep. Jim Jordan, a key ally to President Donald Trump, struggled to downplay rising gas prices amid the war with Iran as CNN’s Kaitlan Collins pressed him on the topic At one point during the interview, Jordan argued gas prices “were coming …
I fucking hate changing consumer habits. pic.twitter.com/j4KTLt5p7d — Ruy's back, drop a follow (@RuyPortusCale) May 12, 2026
WE HAVE NEVER BEEN THIS BROKE… Searches for ‘can’t pay credit card’ smash records… 11% of accounts now seriously delinquent… Savings rate vanishes… 🚨 Americans have never been this broke before. Google searches for “can’t pay credit card” just hit an all time high. At the same time, US consumer confidence has collapsed to one …
Tenant screening industry worth $1.3 billion blocks renters over old 1985 debt-to-income rules and dismissed evictions. Credit floors, non-refundable application fees and seven-year blacklists slam doors on working families. Landlords reject solid tenants while units sit empty in the middle of a supposed housing crisis.
OpenAI just birthed a $10 billion Deployment Company whose sole mission is forcing AI into businesses at gunpoint. Guarantees private equity giants 17.5 percent annual returns so they shove OpenAI tools into 2,000 captive portfolio companies. Palantir-style engineer teams embedded whether the companies want it or need it while OpenAI foots the bill. Anthropic copies …
No fertilizer thanks to the Strait of Hormuz. We’re cooked later this year 💀 https://t.co/XQuBL0RsTP — QE Infinity (@StealthQE4) May 3, 2026 500,000 American farmers don’t have any fertilizer for their 2026 crop. — Uncensored.AI (@GoUncensored) May 3, 2026 FARMERS ARE REPORTING THEIR OPERATIONS ARE “NO LONGER ECONOMICALLY VIABLE” — “WE NEED TO EXPECT MASS …
🚨 JAMES CARVILLE: "I Want to Watch Trump Suffer" Top Democrat strategist James Carville on his podcast: "I do not want that man to die. I want to watch him suffer. And I can't watch a dead person suffer." This is the raw hatred coming from the left's top voices. When does… pic.twitter.com/6s98yS647L — @XTexasGirlX …
Live recession oddshttps://t.co/yvED3yZNF6 — NewsWire (@NewsWire_US) April 26, 2026 Grok: Accurate per the American Farm Bureau Federation’s survey (April 3-11, 2026; 5,700+ farmers). 70% say they can’t afford all the fertilizer needed this season due to price spikes. Many plan to cut rates or acres, risking lower 2026 yields. South hit hardest (78%). Full report: …
Reddit CTO steps down Reddit announced it is appointing Amit Puntambekar as new CTO, as current CTO and founding engineer Chris Slowe is stepping down from the role to become senior technical fellow.
Amid the broader Western militarization over a perceived Russian threat – claims repeatedly dismissed by Moscow as “nonsense” – the UK rolled out its new SDR last November, outlining a shift to “warfighting readiness” by 2035. The plan calls for raising defense spending to 2.5% of GDP by 2027, and, among other things, revitalizing the …
“I’m f*cking stressed out. I’m f*cking stressed. We should not be working like this. I work my ass off and I can’t even f*cking pay bills — All of sh*t just pointless” The cost of living in America has to come drastically down. Americans can’t afford bills, they can’t afford a home, they certainly can’t …
First, we have our “subprime is contained” moment from the Fed. Second, the run on Blue Owl is “unprecedented.” Third, and more important than either of those, it’s **who** is doing the running. In its disclosure, the sad owl let slip the truth underneath more ridiculous spin. When investors demand 20% to 40% out of …
On a scale of 1 to 10 how disgusting do you find this? pic.twitter.com/yCRdd8G3xI — N Ecc 🏴🏴🏴 (@Neccccy) April 2, 2026 h/t A Deplorable Neanderthal
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 …
New data reveals 40% of Americans cannot afford to pay their credit card balances each month. Americans now owe more credit card debt than at any point in history. pic.twitter.com/H51zAZd99f — FactPost (@factpostnews) March 18, 2026 A growing share of Americans are falling behind on their credit card payments, with new data showing nearly 40% …
via Phoenix Capital Research As I keep emphasizing, the War in Iran has the potential to ignite another round of inflation in the U.S. In fact, the longer this conflict drags on, the higher the odds of inflation surging. When most people think about oil and its uses, they think of gasoline and cars. But …
We have now entered the rampant buffoonery phase of this war. However, it appears that both sides are looking for an offramp without admitting as much. Trump has punted the Strait of Hormuz crisis to the rest of the world and Iran has said they will allow the rest of the world to pass through …
Canada and Australia leaders urge war de-escalation, but agree Iran can't get nuclear weapons https://t.co/gsOdmciVHO pic.twitter.com/l9M81l6MVA — New York Post (@nypost) March 5, 2026 The Canadian and Australian prime ministers on Thursday called for a de-escalation of the Iran war but added the Iranians must never gain a nuclear weapon. Canada’s Mark Carney and his …
By Peter Reagan One of the biggest mistakes people make when trying to understand the economy is focusing only on the surface. Headlines tell us what happened today. But they rarely explain why. And often the deeper forces shaping the economy aren’t obvious at first glance. Sometimes you have to step back and look at several …
For years, markets have quietly relied on one assumption about Donald Trump. When things get too dangerous, he backs down. Traders even gave it a name: TACO — Trump Always Chickens Out. The pattern is familiar. Trump escalates rhetorically. Markets panic. Then he softens his position or delays the confrontation. The worst case scenario never …
TraderHC @traderhc We’re cooking. Bonds just sold off on a clean inflation print. Read that again. CPI came in benign. The 10Y still rose to 4.18%. When good news can’t push yields down, the problem isn’t inflation. It’s term premium. The market wants more compensation to hold long-duration government debt. $TLT breaking below its lower …
Mario Nawfal @MarioNawfal 🚨🇮🇷 Iran doesn’t need surface ships to hold Hormuz. It never did. The Azhdar UUV (unmanned underwater vehicle) runs at 25 knots, patrols for four days, covers 600km on a single charge. Silent. Invisible to most radar. Impossible to intercept from the air. Combine that with swarms of cheap UAVs, anti-ship missiles, …
Update: With all eyes on Iran, the US DOJ has released previously withheld Epstein files containing uncorroborated FBI interview memos alleging that Donald Trump sexually assaulted a minor in the 1980s. DOJ link: https://www.justice.gov/epstein/files/DataSet%2012/EFTA02858481.pdf h/t Particular-Fill-4256
U.S. Customs and Border Protection told a Court of International Trade judge on Friday that it is not able to comply with his order to begin refunding reciprocal tariffs imposed last year by President Donald Trump, which the Supreme Court recently ruled are illegal. https://www.cnbc.com/2026/03/06/trump-trade-tariffs-refunds-customs-border-protection.html
The oilfields are located around the Persian Gulf and not the Red Sea. pic.twitter.com/IQRHWsRN1D — Christine Guerrero (@SheDrills) March 5, 2026 ● You are 5. Start point 🍭● You want your boatload🚢 of lollipops 🍭 delivered to you at 🏠 in Egypt 🇪🇬 ● Put it on a boat 🚢 only. Can't go by car …
The advancement of AI-generated art suffered a crucial blow this week when the Supreme Court left in place a lower-court ruling that such works cannot be protected under U.S. copyright law. The original plaintiff, a computer scientist from Missouri named Stephen Thaler, appealed to the Supreme Court after “lower courts upheld a U.S. Copyright Office …
They checked off the 7 nations list and now they have 3 new ones: Turkey, Saudi Arabia and Pakistan. Endless wars… General Wesley Clark revealed in a 2007 interview that, shortly after the September 11 attacks, he was shown a classified memo at the Pentagon outlining a plan to attack and overthrow the governments of seven countries …
via Phoenix Capital Research The markets are a sea of red this morning as the world begins to realize that: The situation in Iran will likely not be over quickly. Private credit markets are imploding, suggesting the credit cycle has turned. A top, if not THE top is in for this bull market. Regarding #1, …
Britain's Armed Forces 'can't defend Middle East bases from Iranian missiles' – with crucial warships and submarines out of action https://t.co/jrPBdsp5yV — Daily Mail (@DailyMail) March 3, 2026 Keir Starmer today ordered a Royal Navy warship to set sail for Cyprus to defend a UK airbase from Iranian air attacks, after being humiliated into acting …
BREAKING: Trump says he's given instructions to cut off all trade with Spain, citing Madrid's announcement that US can't use its bases — Insider Paper (@TheInsiderPaper) March 3, 2026 Godfuckingdammit! pic.twitter.com/B4JwEX9NJW — Michael Bento (@MichaelPBento) March 3, 2026 Nearly a dozen KC-135R/T Stratotankers with the U.S. Air Force have departed air bases tonight in Spain …