The US is draining its oil reserves at a rapid pace. The US is invoking the Defense Production Act to push oil producers to increase output

The US is draining its oil reserves at a rapid pace: The Strategic Petroleum Reserve (SPR) dropped -7.12 million barrels last week, the largest weekly drawdown since October 2022. This marks the 5th consecutive weekly decline, the longest streak since 2023. Over this period,… pic.twitter.com/0FxbdTAuZh — The Kobeissi Letter (@KobeissiLetter) April 30, 2026 By the …

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Mid-30s unemployment? Bill McDermott says AI and automation could decimate entry-level jobs. CEO warns 35% of grads may not find jobs.

Mid-30s Unemployment?! “I think it’s very natural to be concerned about jobs. “I think young people coming out of university today, it’s like 9% unemployment. “I think it could easily go into the mid-30s in the next couple of years.” – Bill McDermott $NOW CEO CNBC: “The mid-30s?!” Bill McDermitt: “I do, because what’s happening …

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Investors are dumping Asian stocks at a rapid pace, Taiwan took the hardest hit

Taiwan took the hardest hit with record -$7.9B (TSMC/semicon exodus), Korea -$1.6B, India -$1.3B. MSCI Asia Pacific cratered -6.3% in a week—worst drop outside major crises in ~6 years—erasing early-2026 momentum. Risk-off panic is driving flows to USD and safe havens as oil… — DesiTrump (@CryptoCivics) March 8, 2026 $11 billion out of developing Asia …

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All Over America, Thousands Of Radicals Are Being Recruited For “Rapid Response Teams” That Are Designed To Swarm ICE

by Michael The stage is being set for one of the most dramatic years of civil unrest that any of us have ever seen. In major cities all over the United States, vast numbers of far left activists are being recruited for “rapid response teams” that seek to disrupt ICE operations as much as possible. …

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Google got caught saying the open web is in ‘rapid decline,’ and publishers are up in arms about its AI ‘content theft’ | Fortune

Google is under intense scrutiny for making contradictory statements about the health of the open web, even as publishers and industry critics are seeing issues with how it siphons content for its AI-powered services, arguably accelerating the same process. In a recent legal filing, Google admitted that “the open web is already in rapid decline”—a …

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Google admits open web is in rapid decline, AI overviews cut traffic for top publishers worldwide

The open web is being dismantled by design. Google, once the steward of digital discovery, now admits in court filings that the open web is “already in rapid decline” https://google.com/2025/09/in-court-filing-google-concedes-the-open-web-is-in-rapid-decline . At the same time, the company accelerates this collapse by pushing AI-generated answers that strip publishers of traffic, revenue, and relevance. Hyperlinks vanish in …

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Zero interest rates failed to cause inflation but rapid money supply growth finally sparked price surge

I hate to pop your narrative bubble…not really…but, interest rates are not the cause or fix of inflation. See below. The US had 7-years of a 0% federal funds rate. No inflation. Then, we had 2-years of 0% and got inflation. It’s not rates, it the M2 money supply. pic.twitter.com/0gzeMoHEdR — Brian Wesbury (@wesbury) June …

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Rapid Fire thoughts on Elon and Donald’s divorce.

Rapid Fire thoughts on Elon and Donald’s divorce. With a very hot take you’ve never heard before. Let me know your thoughts! pic.twitter.com/j5dHFJ53m4 — Spencer Hakimian (@SpencerHakimian) June 5, 2025 Is Elon actually pissed off or is he playing 4D chess to save Tesla? Reality or theatre? — Financelot (@FinanceLancelot) June 5, 2025

New COVID variant NB.1.8.1 from China spreads in U.S., experts warn of rapid transmission, hospitalizations surge across Asia

A new COVID strain from China, NB.1.8.1, is spreading in the U.S., including NYC, per the CDC. First detected in late March among international travelers, the variant has already caused surging hospitalizations across Asia. China saw ER visits for COVID double in a month, with… pic.twitter.com/QgrMeHuThU — Wall St Engine (@wallstengine) May 27, 2025 🇨🇳🇺🇸NEW …

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A Very Rapid’ Drop In Domestic Demand Is Hitting Airlines

by azavio Complement to a former post. Any jump in airlines stock price is just dancing around for now The Travel crisis that is emerging will affect other industries that profit fromn tourism, like real estate https://finance.yahoo.com/news/very-rapid-drop-domestic-demand-182820043.html https://www.reddit.com/r/wallstreetbets/s/7nEvEsNjpp https://sherwood.news/business/us-airlines-in-a-recession-southwest-ceo/ On the international front, for majors Airlines, Chinese and other Asian international tourists are crucial to their …

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We’re seeing absolutely enormous inflows in to gold, setting new records. Gold trading in Korea quadruples. China is accumulating gold at a rapid pace.

Wow! We're seeing absolutely enormous inflows in to gold, setting new records. These are the sorts of charts that get me a bit nervous that the trade is becoming rather crowded. pic.twitter.com/l4MfgU8pzN — Markets & Mayhem (@Mayhem4Markets) April 20, 2025 Gold just had its biggest ever ETF inflow at $8.0bn in the past week. There …

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Bessent reveals rapid talks with Japan, EU, India on major economic push… The rate on high yield corporate bonds is coming down

Bessent: We have a process in place. We are working on the big 15 economies. First, we had a fantastic meeting with Japan yesterday. I believe there have been calls with the EU.. and I believe India is also talking — that is moving very quickly. pic.twitter.com/ZudcssnRcR — Acyn (@Acyn) April 17, 2025 The rate …

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Malicious attacks hit DeepSeek following its rapid ascent over OpenAI’s dominance, locking access to non-Chinese users.

DeepSeek, the Chinese AI upstart that dethroned ChatGPT as the most-downloaded free app on Apple’s App Store, has temporarily closed registrations, citing “large-scale malicious attacks” on its services. For now, access is restricted to Chinese customers, raising eyebrows and speculation. The move comes just as DeepSeek’s meteoric rise has disrupted the global AI landscape, sparking …

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Are we witnessing ‘peak China’? China’s GDP projections drop, worsened by declining demographics and rapid debt accumulation.

Are we witnessing ‘peak China’? GDP projections have fallen dramatically over the past ten years.As a reminder, China’s demographics, the key ingredient for potential GDP growth, are way worse than those of the United States. This also explains why debt accumulation has been… pic.twitter.com/6V3qo52RYb — jeroen blokland (@jsblokland) January 4, 2025 BREAKING 🚨: China Chinese …

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Could the Rapid Growth of AI Boost Gold Demand?

by Mike Maharrey   Could the Artificial Intelligence (AI) revolution boost gold demand? According to a report by the World Gold Council, the answer is yes. Gold’s excellent conductivity and its malleability make it an important component in the manufacture of electronic devices. Gold can be formed into extremely thin wires, making the metal ideal …

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Economic Armageddon incoming

US corporate bankruptcies are the highest in 7 years https://t.co/HjmfYYpxR9 pic.twitter.com/gKJMkltxJQ — zerohedge (@zerohedge) August 30, 2024 Home buying conditions have NEVER been worse: UMich pic.twitter.com/2hnslFk8vS — zerohedge (@zerohedge) August 30, 2024 https://www.youtube.com/watch?v=CQjTaJIzhtk

Rapid USDA approval, PRC ties, and prioritization over US firms raise suspicions.

Rapid approval process: Qi Biodesign, a Chinese agricultural biotech company, received regulatory approval for its genetically engineered soybean seeds from the U.S. Department of Agriculture (USDA). The speed of this approval has indeed raised suspicions, especially considering that it was prioritized ahead of many American agricultural companies facing delays. The lawmakers are rightly questioning why Qi …

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Trophy office buildings in Washington DC are being auctioned off amid rapid foreclosures.

It appears there’s significant activity in Washington, D.C.’s trophy office building market. Let me break down some recent developments: 1099 New York Avenue, NW: This iconic trophy office building, located just four blocks from the White House, was recently sold for $95 million. It’s a 180,878-square-foot, 11-story building with floor-to-ceiling windows, average floor plates of 17,500 square feet, and a …

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“Huge Problem”: The Pentagon’s Rapid Wartime Response Cargo Ships Are Trapped in Baltimore After Bridge Collapse

Two high-speed military cargo ships are stuck in the Port of Baltimore following Tuesday morning’s collapse of the 1.6-mile-long Francis Scott Key Bridge. The major US East Coast port has been paralyzed for several days as the bridge collapse prevents inbound and outbound vessel traffic along the harbor’s channel. Using the automatic identification system, or AIS, …

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Powell warns against rapid rate reduction, ready to maintain higher rates if needed amid inflation.

Fed Chair Powell is kicking off the Q&A portion of his press conference now. Even as inflation has been reaccelerating, the Fed doesn't seem to concerned. A long pause still seems to be needed right now. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) March 20, 2024 Agreed, …

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Daniel Lacalle: So much for “rapid disinflation”

So much for "rapid disinflation"…. via Morgan Stanley pic.twitter.com/wL8R1vh0RU — Daniel Lacalle (@dlacalle_IA) January 22, 2024 Still wild to think that food prices were much more stable prior to 1971, and then they took off 🚀 pic.twitter.com/cwYtGcrcoX — GrainStats 🌾 (@GrainStats) January 23, 2024

Attal’s rapid rise lacks diverse experience, raising doubts about his suitability for leading France.

The appointment of Gabriel Attal as France’s Prime Minister is a concerning testament to the trivialization of political leadership. His swift rise through Parisian political circles raises doubts about the depth of his life experiences and suitability for such a critical role. From a privileged background to a rapid succession of political appointments, Attal’s trajectory …

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Jeff Bezos-backed AI Search Startup, Perplexity, Aims to Outshine Google with Real-time Information and Rapid Growth.

CHANGE: Jeff Bezos–backed AI search startup’s CEO says ‘Google is going to be viewed as something that’s legacy and old.’ Founded in August 2022, the startup known as Perplexity aims to challenge Google by offering an AI-based search engine that is “part chatbot and part search engine, offering real-time information and footnotes showing the sources of …

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Mounting concerns over rapid high-yield bond sell-off, RRP depletion, labor market slowdown, and Euro zone recession signals.

The US high-yield bond market is currently facing its swiftest sell-off since March, triggering concerns reminiscent of worries about a banking-market collapse. Spreads in this market have widened by almost half a percentage point since December 28, marking the fastest pace of widening since March 16. This sudden development has raised eyebrows, signaling potential turbulence …

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