Independent thinking for complex markets and current events
Gianni Infantino failed to engineer a handshake between Israeli and Palestinian delegates today, the Palestinian president refused to take the stage… FIFA is pushing through radical law changes, referees are now ordered to give automatic red cards to players who cover their mouths… A new “homegrown” rule consultation has been launched, it would compel clubs …
A US federal judge has thrown out far-right activist Laura Loomer’s $150 million defamation lawsuit against comedian Bill Maher over a 2024 late-night joke implying she had a sexual relationship with Donald Trump. The court ruled that Maher’s comments were clearly satirical and could not reasonably be interpreted as factual, and that Loomer failed to …
Cracks in the US private credit market are widening: Investors requested a record -$14.0 billion in redemptions from private credit funds in Q1 2026. This is up +146% from -$5.7 billion in Q4 2025 and +278% higher than the -$3.7 billion in the full year 2024. Meanwhile, just… pic.twitter.com/wBJ3bUSW1X — The Kobeissi Letter (@KobeissiLetter) April …
Prosecutors in the U.S. attorney’s office in Washington were unable to build a case, underscoring the department’s increasing inability to follow through on the president’s desire to indict his rivals. The Justice Department, after calls by President Trump to investigate former President Joseph R. Biden Jr., scrutinized whether Mr. Biden and his aides broke the …
Trump keeps racking up Herculean failures for the US. Today’s news lays out several massive fails for the past year that will bear enormous cost for the US for decades to come. by David Haggith President Trump watches another missioned accomplished. Ever since President Geo. Bush II declared “Mission Accomplished” at the hundred-day point in …
https://www.youtube.com/watch?v=u_I-6tgVieE This video captures real incidents involving large plow trucks losing control, sliding across frozen streets, colliding with vehicles, or veering into sidewalks and residential areas. These moments highlight the inherent risks of maneuvering heavy machinery through densely populated cities during extreme weather. More than isolated accidents, these events serve as a stark reminder of …
ABF was supposed to be the safe part of private credit. Downside protected. Self-liquidating. Diversified. Turns out "collateral-backed" only works if the collateral is worth something. So much for the safe stuff. pic.twitter.com/oWQvoIHXIZ — junkbondinvestor (@junkbondinvest) January 26, 2026 April is about perfect for a crisis to have max midterm impact. Ed, do you notice …
The end of network news is finally here. This is what it looks like, folks. Plus, the DOJ just jailed the ‘Pentagon leaker’ in a move that may help quell the criticism of Pam Bondi amid suggestions that former Fox News host Jeannine Pirro is angling for Bondi’s job. Meanwhile, the White House reports that …
The Pentagon has failed its annual audit for the eighth consecutive year, continuing its streak as the only federal agency to never pass an audit even as Congress grants it a record high budget of over $1 trillion for 2026. The Department of Defense identified issues with tracking funds for programs like its F-35 fighter …
Unfortunately, today’s document release by @AGPamBondi and @DAGToddBlanche grossly fails to comply with both the spirit and the letter of the law that @realDonaldTrump signed just 30 days ago. @RepRoKhanna is correct. https://t.co/gZQyQBUT4R — Thomas Massie (@RepThomasMassie) December 19, 2025 Consider these three attachments: 1) Epstein Files Transparency Act2) Statement from Fox Digital3) existing criminal …
FLOOD RISK: Washington is expected to see more flooding in the early part of this week as rivers begin cresting across the state. Flood recovery from last week’s devastating flooding is likely to be impacted as more flooding occurs. Reporting live from Seattle on the latest conditions is FOX Weather Correspondent Robert Ray.
Stock futures are little changed Wednesday night after the Federal Reserve’s latest interest cut sparked a boost in U.S. equity markets. Futures tied to the Dow Jones Industrial Average added 40 points, or 0.1%. S&P futures slipped about 0.2%, while Nasdaq 100 futures fell nearly 3%. In after-hours trading, Oracle shares tumbled 11% after the …
https://twtter.com/cherrygarciafan/status/1992698170460225737 The nation is suffering a serious affordability crisis. Prices for many necessities, from groceries to a car, have increased significantly since the pandemic, and most prices continue to rise at an uncomfortably quick pace. Consumer price inflation is near 3%, well above the Fed’s inflation target, and everything points to even higher inflation dead-ahead. …
Public broadcasters just dropped a bombshell: nearly half of all automated news responses are wrong and the companies behind them are still pushing these systems into classrooms, search engines, and government portals without friction, disclaimers, or oversight. This isn’t a tech hiccup. It’s a systemic failure, coordinated across platforms and languages, where fabricated quotes, misdated …
BREAKING: US Government officially shuts down after running out of money. pic.twitter.com/g08p5TWAvM — Globe Eye News (@GlobeEyeNews) October 1, 2025 The government shutdown has begun, and it’s plunging the U.S. into a fresh cycle of uncertainty. The United States government has partially shut down after last-ditch efforts by lawmakers to pass a spending bill failed. …
The White House has instructed federal agencies to prepare plans for non-essential staff in the event that Congress does not fund the government. At first glance it might look disruptive, but there is another way to see it. This is a stress test for the system, a way to observe how government operates when conditions …
The fact that this is even a thing tells me we should not be paying taxes. If there is so much money to spend on shit like 10k for security, 500 million for NPR and free healthcare for illegals then our taxes should be zero — MichaelWinczuk (@winczuk96266) September 19, 2025 Shut it down. Who …
How did Code Pink know Trump’s schedule and slip past the Secret Service? This ain't just a screw-up it's a goddamn security nightmare. Trump getting ambushed by Code Pink protesters at a D.C. restaurant? That's a failure so blatant it screams betrayal. Rep. Anna Paulina Luna's right to demand an investigation into how these clowns …
via Reddit: Yes, I know this is obvious to most but there’s still enough questions about these sorts of services (and wanting to invest because they think diversifying away from stocks is good or they are attracted to the novelty of asset classes previously unavailable to them with “invest like the 1%” tag lines, etc) …
Nvidia’s Jensen Huang offered the White House $500 billion to keep China’s market open. Trump pushed for even more. That shows just how high the stakes are for both sides in this tech standoff. https://www.wsj.com/articles/nvidia-ceo-jensen-huang-white-house-china-chip-sales-500-billion-investment-4f3a2b7a $NVDA – From WSJ REPORT: NVIDIA CEO JENSEN HUANG SOUGHT WHITE HOUSE OK TO SELL CHIPS IN CHINA, OFFERED $500B …
A migrant mother in Boston received $30,000 through Governor Maura Healey’s HomeBASE program. She used it in under 10 months. The program was designed to last two years. She’s now asking for more help https://www.dailymail.co.uk/news/article-14969147/migrant-mom-complains-taxpayer-housing-handout-massachusetts.html The program requires families to pay 30% of income toward rent. Nadine lost her job. Her boyfriend left. Her share …
Scott Bessent warned that China could face 100% tariffs if it continues buying Russian oil, citing a pending bill that allows secondary duties up to 500%. https://kyivindependent.com/china-should-expect-100-tariffs-for-buying-russian-oil/ “The Chinese take their sovereignty very seriously. We don’t want to impede on their sovereignty, so they’d like to pay a 100% tariff,” Bessent said. https://www.reuters.com/business/energy/bessent-warns-china-russian-oil-purchases-that-could-bring-100-tariffs-2025-07-29/ Trump already …
I'm seeing 2 possible scenarios here… 1) Melt-up and fall 50%2) Skip the 'melt-up' part Luckily, we have this chart, so we'll know when we see how price reacts at the resistance line. Bullish until it's not… pic.twitter.com/pmyXEsXH6M — Northstar (@NorthstarCharts) July 22, 2025 Bloomberg US CONTAINER VOLUMES FALL TWO MONTHS RUNNING Private data shows …
🚨🇮🇷💥🇮🇱Iron Dome fails to stop ballistic missile barrage over Tel Aviv. pic.twitter.com/6rr2KUW1b7 — Defense Intelligence (@DI313_) June 13, 2025
Container shipping traffic from China to the US is plummeting: The number of ships departing from China to the US over the last 15 days has dropped to its lowest since February. Excluding the Chinese New Year-related decline in February, this is the lowest level in over a year.… pic.twitter.com/AYuPPJRXwS — The Kobeissi Letter (@KobeissiLetter) …
Dip buying failed for the first time in almost 6 weeks w a red week posted on $SPY The winds are shifting — Merlin Capital 🧙♂️ (@merlinscapital) May 23, 2025 My main question about tariffs is if we see the EU attack the Mag7. The US might have a trade deficit with the EU but …
By Brandon Smith Back in 2016 I predicted a resounding win for Donald Trump in his election campaign against Hillary Clinton despite a chorus of voices telling me I was crazy. The argument from skeptics was that the establishment would never allow Trump into office. My position on the event was relatively straightforward – The …
1/5 So, the @federalreserve has allowed inflation expectations to become COMPLETELY unhinged, yet again, which means, soon, a surge in inflation is coming to a grocery "shelf" near you/me. Yet, instead of the folks who "have a voice" demanding to know why J. Powell… pic.twitter.com/D7OvkfZsYD — Gordon Johnson (@GordonJohnson19) April 29, 2025 3/5… phenomenon (i.e., …
You cannot fix a supply shock with either fiscal or monetary stimulus. Real consumption is set by the quantity of goods and services available, and tariffs pull those real goods and services out of the economy. Lowering interest rates won’t make more stuff. It will just make more… https://t.co/gkkkGOZeXz — Megan McArdle (@asymmetricinfo) April 28, …