Independent thinking for complex markets and current events
Congress just published the 2025 schedule. Out of 365 calendar days, the chambers are set to meet on 133. That is roughly one out of every three days. The rest is labeled for travel, district visits, or recess. The Capitol floor will stay mostly quiet. July is limited to twelve working days. August is entirely …
Twelve billion dollars. Gone. Not over a decade. Not over a year. In a single night. That is what it cost when Israel launched roughly 1,000 American-built THAAD-class interceptors during a massive missile barrage. Each interceptor costs about $12.6 million. Multiply it out. That is $12.6 billion worth of high-tech weaponry evaporated in one evening. …
Police are saying that an alleged Christmas Day attempted robbery resulted in three of the potential suspects needing medical attention. The armed children allegedly approached a 25-year-old man and his girlfriend, trying to rob them at gunpoint at a Houston, Texas apartment complex. The suspects looked so young, in fact, that the victim assumed it …
by James Hickman Yesterday the Treasury Department announced that they expected to increase the national debt by a whopping $760 billion this quarter alone… and another $202 billion next quarter. In short that means almost $1 trillion added to the national debt just in the first half of this year. And, again, these are the Treasury …
The charity Cardiac Risk in the Young estimates that every week, at least 12 people aged between 14 and 35 suffer sudden cardiac death – and 1 in 300 may carry the condition. A leading pathologist has told this programme they believe those figures are an under-estimate. The mother of one young woman who died …
by confoundedinterest17 Back in red? As US fiscal policy deteriorates further thanks to endless Federal spending (not to mention seemingly endless wars under Biden and Nobel Peace Prize winner Obama), we are seeing pain in the bank lending business. Commercial and industrial (C&I) loan lending standards is tightening (blue line) to levels typically seen in recessions. …