Independent thinking for complex markets and current events
They keep pushing the no inflation narrative while the actual numbers on food and fuel quietly scream the other direction. Kevin Warsh, the new Fed Chair, just made it clear why rates are going lower: “AI is going to make almost everything cost less.We’re at the front end of a productivity boom.Economic growth won’t be …
What I expect in the next 24–48 hours: They will let 30–50 ships per day through (maybe up to 60 on some days). (Current level is ~15 ships/day. Normal is 130–140.) Most of those ships will be from “friendly” countries: China, India, Russia, Iraq, Malaysia, etc. They will still inspect, delay, or selectively approve tankers …
THEY TOLD ME TRUMP WOULD USHER IN A NEW ERA OF RACIAL VIOLENCE, AND THEY WERE RIGHT! White Harris Supporter Facing Potential Hate Crime Charge After Punching Minority Trump Supporter. This happened the day before the election in Edmonds, Washington, which is just north of Seattle. A small group of Trump supporters were holding a …