Independent thinking for complex markets and current events
Pentagon to unveil cuts alongside fiscal 2026 budget request Congress will have to wait to learn more about Defense Department’s efficiency efforts Pentagon leaders plan to roll out their recommended cuts to military spending alongside their budget request for fiscal 2026, the Defense Department indicated in a newly released letter to Congress. The letter, addressed …
In an Official release on the White House website, the Trump admin debunks the claims he is ‘gutting’ or cutting Social Security or Medicare. The Trump Administration will not cut Social Security, Medicare, or Medicaid benefits. President Trump himself has said it (over and over and over again). Elon Musk didn’t say that, either. The press is lying again. Here is Musk’s direct quote: “The waste and …
Trump’s dropping a tax bomb: no levies for Americans under $150,000 once the budget’s balanced. Howard Lutnick’s spilling the goods—this is MAGA genius, not some empty promise. Slashing taxes for the working stiffs while torching the deficit? That’s the art of the deal, folks.… — Saggezza Eterna (@FinalTelegraph) March 13, 2025 Trump’s dropping a tax …
DOGE chief Elon Musk said that he is running his businesses “with great difficulty,” as shares of his automotive firm Tesla suffered their worst drop in a half-decade. Musk also said during an interview on Fox Business that he expected to remain in the Trump administration for another year. Musk’s Department of Government Efficiency is …
New Canadian Prime Minister Mark Carney says he will continue trade wars with the United States. “My government will keep tariffs on until the Americans show us some respect.” byu/Virtual_Information3 inwallstreetbet
OpenAI is rolling out these so-called “agents” that could cost anywhere between $2,000 and $20,000 a month. And let’s be clear: this pricing is absurd. Let’s just take a moment to think about this—how in the world are AI agents supposed to replace human jobs, potentially revolutionize industries, and yet cost more than a yearly …
by Michael There sure have been a lot of signs in the heavens lately. For example, less than a week ago there was a very rare alignment of the 7 other planets in our solar system on the exact day of the argument in the Oval Office between President Trump and Volodymyr Zelenskyy. That should have gotten a …
And that will last what 18 months and then he'll need another 250 billion? This war is unwinnable, and the current trajectory is unsustainable . Trump is the only one thinking logically — Pro-America | Politics & Markets (@Pro__Trading) March 2, 2025
by Michael Why does every “step forward” seem to bring us even closer to an apocalyptic showdown with Russia? Now we are being told that the UK, France and other European nations will be working with Ukraine to develop a “plan to stop the fighting”. We aren’t being given specific details about the plan yet, …
🚨 #BREAKING: The IRS will now be closing over 120 offices nationwide, in addition to laying off THOUSANDS of employees, per WaPo This comes after We The People OVERWHELMINGLY voted for DOGE to audit the IRS, and apparently, they’re moving quickly 🔥 Vox Populi, Vox Dei! pic.twitter.com/JtxlAeLQJV — Nick Sortor (@nicksortor) February 26, 2025 The …
The so-called “center-right” CDU wins, yet refuses to close the borders. AfD surges to a record 20%, but the establishment locks them out of power. The political firewall ensures only pro-migration parties govern—whether they wear “conservative” or “leftist” masks. “Center Right” Party in Germany Wins Elections, Vows to Not Close the Borders. The fake “center right” party …
by Michael Do not read this article if you do not want to get angry. The “healthcare industry” in the United States has become one gigantic money making scam, and tens of millions of American families now live in great fear of illness and disease. Why are they so afraid? It is because a single …
Donald Trump appears to have won his trade standoff with Volodymyr Zelensky, as the Ukrainian president is set to give in and sign a deal giving the U.S. access to deposits of critical minerals. The deal was seen as crucial for satisfying Washington’s demands for a peace settlement between Ukraine and Russia to end their …
Love him or hate him, Elon Musk has some truly enormous plans for slashing government waste and cutting federal spending. Trump and Musk say DOGE could return 20% of its savings to taxpayers, too! Is your $5,000 DOGE stimulus check is on its way? By Peter Reagan Public domain image via The White House If there …
NEW: The Internal Revenue Service will begin laying off roughly 6,000 employees on Thursday as part of the Trump administration’s push to downsize the federal work force, three people familiar with the agency’s plans said. w/@aduehren https://t.co/gBHfhZBBRX — Michael S. Schmidt (@nytmike) February 19, 2025 The Internal Revenue Service will begin laying off roughly 6,000 …
Elon Musk says he and the President will be discussing a “DOGE dividend,” which will be a tax refund sent to EVERY taxpayer This would be funded exclusively with a portion of total savings delivered by DOGE. Looks like hard working taxpayers will receive a refund for much of the money stolen from us by …
This is what happens when a nation buries itself in endless monetary easing and ignores basic fiscal reality. The Bank of Japan has been suppressing yields for years, but cracks are forming, and the moment they lose control, it’s game over. *JAPAN 10-YEAR YIELD RISES TO 1.4%, HIGHEST SINCE 2010 Leeroy Japankins pretending it does …
Mexican President Claudia Sheinbaum threatens to sue Google over the switch from “Gulf of Mexico” to “Gulf of America,” saying the tech company overstepped when it changed the name of the entire body of water, including areas under Mexican and Cuban jurisdiction. Valeria León reports.
“I’m very glad that President Macron has called our leaders to Paris,” Sikorski said, adding he expects the European leaders to discuss, “in a very serious fashion,” the new Trump administration. French President Emmanuel Macron has summoned Europe’s leaders to Paris on Monday for an emergency summit, where President Trump will be on the agenda …
Study: If You Want More Babies, Make Mortgages Affordable For Young People A new NBER working paper (Did the Modern Mortgage Set the Stage for the U.S. Baby Boom? by Lisa J. Dettling & Melissa Schettini Kearney) reveals an unexpected (well, actually expected) catalyst behind America’s famous baby boom: government-backed mortgages that transformed homeownership and …
CBS — U.S. Defense Secretary Pete Hegseth said a peace agreement between Ukraine and Russia must include security guarantees for Ukraine, but that they “should not be provided through NATO membership, but must instead be backed by capable European and non-European troops.” The defense chief spoke not long before President Trump announced in a social media post that he had …
https://www.youtube.com/watch?v=tJZUxk0EGx0
George Washington law professor and Fox News contributor Jonathan Turley joins ‘America Reports’ to discuss a judge hearing arguments in the federal buyout case and the transfer of three Venezuelans to Guantanamo Bay being blocked by a judge.
The Trump administration’s decision to slash overhead costs linked to federally funded research has sparked an immense backlash. But some doctors are praising the move, suggesting it will help “optimize” how taxpayer dollars are used when it comes to scientific research. A new rule from the Trump administration that went into effect Monday, capped facilities …
Moskowitz: If Elon Musk and DOGE has found all this fraud, waste, and abuse, well, then, we can't fund the government by CR because the CR would refund all of that waste, fraud, and abuse. Which means the only way to fund the government is to fund it by individual spending… pic.twitter.com/5yly2u3p9v — Acyn (@Acyn) …
by Michael The United States is rapidly becoming a “post-industrial” nation. All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers left them, but the pace at which America is doing this is absolutely breathtaking. Nobody can deny that our economy is a complete and utter mess right now, and we …
Sen. Rand Paul (R-Ky.) says he “won’t vote for” a reconciliation package that is not fully paid for with real spending cuts, he told Axios. Why it matters: A “no” from Paul would be an early reminder that even the Senate’s safer bet for a quick win isn’t a sure thing. The House is mired in debate over …
$SPX Something will give.. and give soon. pic.twitter.com/lFXDMhvqBv — Heisenberg (@Mr_Derivatives) February 11, 2025 〽️ Double top & BEARFLAG pic.twitter.com/ETjtWVz0U3 — C invest (@mikael_aune) February 11, 2025 This Goldmans sentiment indicator seems a pretty good forecaster of an impending bear market H/t @dailychartbook pic.twitter.com/kL7t6SBs43 — Albert Edwards (@albertedwards99) February 11, 2025 It has begun…. https://t.co/57GUpfkQDt …
