Independent thinking for complex markets and current events
Trump brags that he has "led a historic effort to dramatically increase the defense spending" pic.twitter.com/HehVbUCyiN — FactPost (@factpostnews) July 8, 2026 Trump: We’ll taking in over $1 trillion a year toward defense, and that's a tremendous amount of money. It's a big up. There were 2%. They were actually a 1%. I got them …
Holy shit, catastrophic 12 hours for Israel and the US: – Iran bombed Israel’s TEVA PHARMACEUTICAL FACTORY — the largest generic drug manufacturer on Earth. Chemical leaks. Secondary explosions. Factory burning. – Iran knocked an Israeli POWER PLANT in the Negev completely OFFLINE. – Iran carried out 27 STRIKES on the Negev with ZERO visible …
"every major model AI gets dramatically worse the longer you talk to it." Also, when you feed an AI back it's won outputs you get rapid "model collapse". And since LLMs have soaked-up all the text that exists in the world, they have no option but to use "synthetic data" (their… https://t.co/lRFEms4GKD — Ewan Morrison …
by Michael It feels like someone has pulled a plug, because the U.S. economy is suddenly caught in an extremely alarming downward spiral. As I discussed at the end of last week, investors are flocking to gold and silver because they can see that a storm is coming. We have reached a point where most of …
by Michael Over the last several decades, the global economy has become more interconnected than ever, but now everything is changing. The flow of goods between the number one economic power on the planet and the number two economic power on the planet is absolutely imploding, and that is going to have enormous implications on …
President Donald Trump has told his inner circle, including members of his Cabinet, that Elon Musk will be stepping back in the coming weeks from his current role as governing partner, ubiquitous cheerleader and Washington hatchet man. The president remains pleased with Musk and his Department of Government Efficiency initiative but both men have decided …
US DEFENCE Secretary Pete Hegseth declared that the US is “prepared” for war with China in response Beijing’s chilling World War Three threat.Presiden https://www.the-sun.com/news/13701537/prepared-war-china-trump-defence-tariffs/
by Michael Do you want to live in a society where you are required to have your face scanned wherever you go? If not, you may want to speak up now while you still can. As you will see below, the U.S. government is aggressively expanding the use of facial recognition technology for identification verification …
by Jon Forrest Little As the West exploits the dollar-based global financial system to crack down on its perceived enemies, Russia is building its own workarounds… using physical gold and oil. As for gold, it’s acquired in Russia, transported to Hong Kong, and then sold. The proceeds from these sales are then deposited into local …
by Michael We are literally killing ourselves and everything around us, and most people don’t even know that this is happening. But even if we could get everyone to understand the extinction-level threat that we are facing, would they change their behavior? The plastic products that we are constantly discarding do not magically disappear. Instead, …
This is the way… https://t.co/rv4UGVx6e4 — @amuse (@amuse) December 27, 2023 Javier Milei said he will cut welfare payments from protesters who block streets. If we did this in America, the climate cultists would stop glueing themselves to roads and there would be no more anti-Israel protestors blocking streets, bridges, and airports. These extremists… pic.twitter.com/TLirrm2wXa …
Costco reports inflation at zero, a significant drop from 6%+ just 9 months ago. Very encouraging Costco update on inflation: basically at zero. Down across board. And the pace of decline is steep: Inflation at $COST was 6%+ only 9 months ago. $WMT $AMZN $TGT $KR $XLY $XLF $TLT pic.twitter.com/RP5QhItTSh — Rahul Sharma (@Retail_Guru) December …
by TonyLiberty The World Bank has issued a serious warning that oil prices and food prices could surge dramatically due to escalating conflict in the Middle East. The World Bank outlined three potential scenarios for oil supply disruptions, each with varying degrees of price increases. The worst-case scenario could see oil prices rise by as …
by thetimeisgold The World Bank is warning that oil prices could be pushed into uncharted waters if the conflict in the middle east escalates. (Info here) They said oil prices could hit $150 If oil prices rise significantly, it could drive inflation higher, which could call for echos of the 1970s. Nightmare scenario for everyone. I …
via Mike Shedlock: In a recent survey of large corporations, 100% of the companies made some enhancement to their political risk management. 54% increased political risk insurance. Political Risk is Everyone’s Risk Please consider The Year Political Risk Became Everyone’s Risk. This is how an insurance broker typically describes political risk: “low frequency, high severity.” Political …
Total BTFP & OCE didn't drop this week. The Fed paused pulling liquidity from the banks Now that we know Bullard is leaving the Fed on Aug 14 that's the likely target week when the Fed plans to start dramatically reducing BTFP & OCE liquidity, causing the banking crisis in Sep🤫 https://t.co/lwuGir9xCj pic.twitter.com/om91NKrS9u — Financelot …