Independent thinking for complex markets and current events
The magnitude 4.9 earthquake on March 6 was the strongest to strike this part of the United States in nearly 14 years, according to the USGS. A magnitude 4.9 earthquake rattled Louisiana on the morning of March 5, striking 36 miles south-southeast of Shreveport, Louisiana, according to the USGS. Preliminarily, it is the biggest earthquake …
Dubai’s image as a safe, tax-free haven is rocked by blasts from Iranian airstrikes The United Arab Emirates has sold itself to foreigners for years as a sunny, safe, tax-free oasis. That peaceful image was shattered Saturday as Iranian weaponry rained down on Dubai, setting fire to a five-star resort, threatening the world’s tallest building, …
Bloomberg reports that a third tanker linked to Russia’s shadow fleet has exploded at sea. On the tanker Mersin, which was carrying Russian oil, four external explosions occurred. The ship was stabilized by partially flooding it. Bloomberg reports that a third tanker linked to Russia’s shadow fleet has exploded at sea.On the tanker Mersin, which …
Thirty-one arrests. A federal sweep. A head coach and a star player pulled into a criminal investigation tied to organized crime. The league’s response? A few lines of corporate PR and silence where accountability should be. The FBI didn’t stumble into this. They built a case over months, tracking betting patterns, rigged poker games, and mafia-linked …
Target posted fiscal second-quarter earnings and revenue that topped Wall Street’s expectations. The company stuck by its full-year outlook, which forecasts a single percentage point decline in sales. Target named Michael Fiddelke as its new CEO, effective Feb. 1. Target beat Wall Street’s earnings and sales expectations and reaffirmed its outlook on Wednesday, even as …
Morris County, New Jersey logged seven shallow earthquakes inside a 17-hour window on July 21. All registered between M0.7 and M2.0. The strongest hit at 21:00 EDT, clocking M2.0 just southeast of Randolph. Depths held steady around 5 km. No injuries. No damage. But residents heard it. Felt it. Called it in. The Morris County …
Hong Kong’s banking system just entered high alert. What began as a coordinated stablecoin rollout is now unraveling into something more serious. On July 22, internal communication circulated among Hong Kong’s monetary authorities warned of acute stress across token-backed reserves and real-time settlement chains. The letter outlined scenarios where liquidity could evaporate if collateralized redemption …
The numbers came early. Stellantis dropped its unaudited first-half results on July 21. No waiting. No spin. The damage was too big to hold. Net loss landed at €2.3 billion. That’s $2.68 billion. Revenue fell to €74.3 billion. Last year’s first-half pulled €85 billion. That’s a €10.7 billion drop. The company suspended guidance in April. …
It started quiet. Then it spread. A zero-day flaw buried inside Microsoft’s SharePoint server software has been exploited in a sweeping cyberattack. The breach began July 18. It’s now confirmed that federal agencies, universities, energy firms, and banks have been compromised. The flaw allows remote code execution. No login needed. No warning. No patch for …
When a firm like BlackRock takes a hit of this size, it raises deeper questions: Who pulled the capital, and why? Was this a sovereign wealth fund reallocating for political or liquidity reasons? A pension plan de-risking into cash or private markets? Or a strategic exit tied to a shift in dollar exposure? In an …
First the river rose in Texas. Then, the rains fell hard over North Carolina, New Mexico and Illinois. In less than a week, there were at least four 1-in-1,000-year rainfall events across the United States — intense deluges that are thought to have roughly a 0.1% chance of happening in any given year. “Any one …
Deadly new Russian drone and missile attack hits Kyiv A massive overnight Russian attack has hit Ukraine’s capital Kyiv, killing at least two people and injuring 16, President Volodymyr Zelensky said. The attack involved 18 missiles and about 400 drones, primarily targeting the capital, Zelensky added. Authorities in Kyiv said drone wreckage hit the roof …
BREAKING: Russia’s launches one of its largest air attacks against Ukraine of this war. 407 suicide drones, 38 cruise missiles and 6 ballistic missiles were fired against Ukrainian cities. The video shows 4 missiles striking the city of Lutsk in western Ukraine. pic.twitter.com/5EbmN2hdns — Visegrád 24 (@visegrad24) June 6, 2025 Overnight in Kyiv, emergency air …
🚨BREAKING: A Butler, PA man has been taken into custody by the FBI for making threats to assassinate President Trump — yes the same Butler where President Trump was nearly assassinated during a rally last year. The threats were allegedly made by 32-year-old Shawn Monper under a… pic.twitter.com/yEGGk5gEIR — Charlie Kirk (@charliekirk11) April 11, 2025 BREAKING: …
New York City health officials are on high alert after detecting measles at a migrant shelter in Brooklyn. Two people have tested positive for the highly contagious disease at the Clinton Hill shelter, which houses around 3,000 migrants seeking legal entry into the US. Officials at the NYC Department of Health and Mental Hygiene are …
OTTAWA — The capital of one of the world’s most stable democracies is gripped by growing panic about foreign agents working in elected office. A bombshell report by Canadian lawmakers has unnerved Parliament Hill, alleging that unnamed politicians have been covertly working with foreign governments. The revelation in heavily redacted findings released this week by …
Woah. A massive political earthquake just ROCKED Germany. The liberal Green Party lost 18% of young voters while the AFD ("far-right") made a stunning 10% gain. Young voters are done with the left. pic.twitter.com/WEWSmQv5Cz — End Wokeness (@EndWokeness) June 9, 2024
ABC “News” Fires Its Woke DEI Hire “News Chief.” They’re pretending she left of her own accord. But there were reports a week ago that ABC “News” was going to get rid of her, so you tell me. She wasn’t just a DEI hire. She is literally made of DEI atoms. ABC News President Kim Godwin, …
In new research, scientists explain how one mineral found in nature is more than just a typical superconductor. Miassite is a gray, metallic mineral made of rhodium and sulfur and, as Science Alert explains, was identified as a regular superconductor in 2010. But now, miassite has passed a variety of odd-seeming tests that show it’s …
A political earthquake rocked Texas Super Tuesday. 77% of the incumbents we targeted for voting against school choice lost outright or were forced to runoffs. School choice was the main dividing line in all of these races. Taking out a sitting legislator is the hardest thing… pic.twitter.com/K5rckcn647 — Corey A. DeAngelis, school choice evangelist (@DeAngelisCorey) …
by Michael Have you noticed that the state of California has been getting absolutely monkey-hammered by earthquakes lately? According to the Southern California Earthquake Data Center, California and Nevada have been hit by a total of 945 earthquakes within the last seven days. That is a whole lot of shaking! As you can see from this map, …
London CNN — Nearly a year on from a banking crisis that led to the collapse of three US regional lenders and the emergency takeover of Credit Suisse in Europe, a fresh chill is running through banks as far apart as New York, Tokyo and Zurich. Common to all of them — mounting losses on …