Independent thinking for complex markets and current events
UK Labour minister Ellie Reeves reportedly blocked a longer sentence review for an illegal migrant from Afghanistan who raped a 12-year-old girl and filmed it. Public anger is exploding about protecting victims versus lenient policies. "A 12-year-old girl was playing in a park. That is where children belong. Swings. Laughter. Summer light. Within hours she …
by Michael Would you pay 8 dollars for a gallon of gasoline? I know that may sound crazy to many of you, but that is what some residents of Los Angeles are paying right now. Sadly, the west coast is more dependent on oil from the Persian Gulf than anywhere else in the continental United …
by Michael This is the worst of times for U.S. farmers. Coming into 2026, we were already in the midst of the worst farming crisis in at least 50 years. Now the war in the Middle East has caused fertilizer prices to go absolutely haywire, and a historic drought has created nightmare conditions for farmers …
SHREVEPORT, La. — A Louisiana father fatally shot eight children, including seven of his own, in an attack on his family Sunday morning that stretched across two houses in a Shreveport neighborhood left shaken by one of the nation’s deadliest mass shootings in recent years, police said. Two women, including the gunman’s wife, who was …
Conservative commentator Tucker Carlson claimed on Friday that US President Donald Trump may be facing 'pressure' from Israel as he seeks to end the war with Iran, adding that the country has a history of 'blackmailing' US presidents https://t.co/t79NZ2vWat pic.twitter.com/odOSLVbqRN — Anadolu English (@anadoluagency) April 10, 2026 This aired in 2008. You don’t really know …
Several countries across Asia are confirming they experienced major dollar funding losses last month amidst a cash crunch on surging demand for money to buy oil. Officials in Taiwan, Indonesia, India and in other places have had to scramble to contain the monetary pressure, causing several of them to expend significant reserves just to keep …
via massdailynews: Senate President Karen Spilka plans to include an additional $1 million for the Massachusetts Access to Counsel Initiative in a supplemental spending bill set for release Thursday, WBUR reported. The program, created in the state’s fiscal year 2026 budget, funds free legal representation for immigrants in deportation proceedings — who, unlike criminal defendants, …
via notayesmanseconomics Over the past 24 hours the European Central Bank has received a couple of pieces of rather unwelcome data.We can start with what is its modus operandi. Euro area annual inflation is expected to be 2.5% in March 2026, up from 1.9% in February according to a flash estimate from Eurostat, the statistical office of the European …
by Michael When this war with Iran erupted, everyone knew that it would have an impact on the global economy. But very few anticipated that it would be this bad. We are facing the worst oil disruption in history, the worst natural gas disruption in history, the worst helium disruption in history and the worst …
The bloodbath…. pic.twitter.com/MTFAGPdTkL — Kenny (@0xKennyAlt) February 26, 2026 Older workers dominate new hires. Average new hire age rose to 42 in 2025 as employers favor experience over potential. Hiring of workers 25 and younger dropped more than 45% compared with 2019. Employers cut hiring plans and announced over 1.2 million layoffs in 2025. AI …
Midas @midascabal Here is why the AI bubble will implode. China is using a totally different approach to AI: – open source, mass scale, cheap The West approach to AI? – close source, private, profit driven China will mass produce AI and export it everywhere, like their products. This will be a race to the …
FBI director Kash Patel is facing backlash after video surfaced of him downing beers and celebrating with Team USA while on a taxpayer-funded “work trip”.
Fast food lost its "cheap and convenient" appeal. $14 for a quarter pounder meal? Lower class is priced out. Middle+ class will pay an extra $4 to get a sit-down meal at a more upscale place. McDonalds isn't the best example because they are doing well, but you get the point.… — combatoverride switch (@combatoverride) …
via Phoenix Capital Research The biggest opportunities in AI are no longer in Big Tech. For years, Big Tech’s success in the stock market was driven by two factors: Profits Share buybacks Outside of speculation, investors buy companies based on future cash flows. The Big Tech/ Mag-7 plays have been cash generating machines, producing over …
by Michael I feel quite exasperated right now. Everyone knows that the economic numbers that federal bureaucrats in Washington are feeding us each month are fraudulent. It has been that way for a very long time. The employment numbers are a perfect example of this. Every month they give us a headline number that looks …
Google is selling 100 year debt byu/donopumpi inwallstreetbets BREAKING: Google $GOOG to issue a rare 100-year bond as part of a $20 billion multi-currency debt sale, aimed at funding AI infrastructure. This marks the first such long-term tech issuance since the 2000 dot-com era. What stage? — Financelot (@FinanceLancelot) February 9, 2026 Big Tech is …
2026 will be the year when US dollar dilution—the quiet erosion of its global dominance as countries trade and pay in alternatives—starts to build momentum. The more Washington uses the dollar as a weapon, the more the world builds ways to circumvent it. America’s share of global trade has fallen from one-third in 2000 to …
by davefairtex Here’s the data I got from the BOJ itself. It doesn’t update until end of month, so that JGB10Y should be 2.09, not 1.81. That’s bad, but not worst ever. Why this matters: the JGB 30 (blue line) started being issued in 1999 (1999-09-02 2.84%). The 10 and 20 have been around since …
A huge atmospheric river is hitting hard, causing historic flooding and forcing people out of their homes. Authorities say up to 100,000 people are being told to evacuate as rivers overflow. Reports from Weather.com, NBC, and Times Now all confirm the flooding is worse than anything seen in years. A state of emergency remains in …
by Michael Why have major tourist destinations all over America been so depressingly quiet in 2025? Normally tourism accounts for close to 10 percent of U.S. GDP, and that makes it a critical pillar of the U.S. economy. We witnessed an enormous downturn during the early days of the COVID pandemic, but that was just temporary. …
Forget 2007. The US consumer today is facing a worse crisis. It's not Systemic Leverage; it's Household Arithmetic. My new memo breaks down the structural squeeze: why the 2026 economy faces a consumer solvency crisis, not a liquidity crisis. — Craig Shapiro (@ces921) December 3, 2025 This Black Friday, shoppers paid 7% more for electronics, …
https://www.youtube.com/watch?v=razKa7KEK_Q Worldrenowned realist scholar Professor John Mearsheimer explains why Japan’s demographic collapse, geopolitical entrapment between the US and China, exploding debt,
TRUMP JUST NAMED OBAMA. “The leader of the gang was Barack Hussein Obama.” This isn’t rhetoric — it’s an accusation of treason from a former U.S. President. Trump says Obama and Clinton orchestrated the election interference, weaponized intelligence, and covered it all up with help from a complicit press. Thousands of documents are reportedly about …
There is a strong basis for saying the U.S. banking sector is facing serious challenges. Some analysts are already talking about a potential $100 billion market shock, and what we are seeing might just be the tip of the iceberg for deeper credit threats. On October 16, 2025, U.S. regional bank stocks plunged after disclosures …
by Michael The agriculture industry in the United States is deeply broken. Farmers are the foundation of it all, but they are being financially squeezed from every direction. They are being squeezed by the giant monopolies that control the seeds, fertilizer and machinery that they need. And they are also being squeezed by the giant monopolies …
by Michael We sure have seen a lot of really crazy things happen so far this year. But in the minds of most Americans, there is one crisis that far outweighs everything else. As I have been documenting for years, our standard of living has been collapsing as the cost of living has risen must …
A California woman is facing six years in prison for allegedly registering her dog to vote and casting mail-in ballots in two elections, one of which was counted, the Orange County District Attorney's Office announced. Read more: https://t.co/wlhGF45Zpc pic.twitter.com/jVsSyect2V — ABC News (@ABC) September 10, 2025 A California woman is facing six years in prison …
They were promised mobility. They got a wall. The class of 2025 is walking into a labor market that is not just cold, it is punishing. Sherwood News reports: “The unemployment rate for recent college grads (aged 22 to 27) rose to 5.8% in March, the highest level in nearly four years.” That breaks the …
Chapters 00:00 – Introduction 02:08 – Effects of Government Shutdown and Stimulus Checks 05:45 – Impact of Low Interest Rates on Asset Classes 06:41 – Influence of Energy Prices and Outsourcing on Inflation 09:39 – Impact of Trade Policies on Manufacturing 12:51 – Trade Decisions in the Post-Pandemic Era 15:19 – Impact of Sanctions on …
Over the past decade, Canada spent ~$11.2 billion on overseas gender initiatives under its Feminist International Assistance Policy, focusing on gender equality and women’s empowerment. This conservative estimate excludes billions more from gender-integrated projects. Critics, like the Fraser Institute, call it wasteful, while Trudeau’s government defends it as vital for economic recovery and social equity. …