Tennessee Republicans Pass Law Allowing Teachers To Be Armed – Democrats Cry “Fascism” Tennessee House Republicans on Tuesday passed legislation to allow some trained teachers and school staff to carry firearms despite aggressive opposition from Democrats and gun control advocates calling for the bill to be defeated.  The bill is all but guaranteed to become law within weeks, as Gov. Bill Lee can either sign it or allow it to […]

Hong Kong Bitcoin And Ether ETFs Officially Approved To Start Trading On April 30 Authored by Zoltan Vardai via CoinTelegraph.com, The first wave of spot Bitcoin and Ether exchange-traded funds (ETFs) have been officially approved to start trading in Hong Kong on April 30. Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), announced the official approval of the first batch of spot Bitcoin and Ether […]

Chinese Have “Grabbed Gold By The Throat” As Capital Flight Accelerates “Chinese speculators have really grabbed gold by the throat…” That is how John Reade, chief market strategist at the World Gold Council, describes the scramble in the communist nation among investors looking to move money anywhere but in the yuan or Chinese assets. As evidenced by soaring Chinese FX outflows, the recent surges in ‘alternate currencies’ […]

Overconfidence In NFL Drafts: A Lesson For Investors Authored by Michael Lebowitz via RealInvestmentAdvice.com, Most NFL general managers (GMs) are optimistic and displaying overconfidence today as they prepare for tomorrow’s NFL draft. The draft is a once-a-year opportunity for GMs to acquire talent. Like investors, GMs often think they are smarter than their competitors, aka the market. Yet, they frequently have similar […]

WTI Jumps After Bigger-Than-Expected Crude Inventory Build, Gasoline Demand (Reportedly) Slumps Oil prices are drifting lower this morning, despite API reporting a surprise crude inventory draw last night, as hopes that geopolitical tensions are easing (hope is not a strategy) combined with a reduced expectation of economy-juicing rate-cuts are weighing on crude prices. Supporting the upside, the US Senate, meanwhile, […]

Germany Arrests Unprecedented Six Spies In Less Than A Week German security services say they’ve arrested an unprecedented six suspected spies in only the past week, and four of these are believed to have been working for the government of China, while the other two are suspected Russian agents.  As we reported earlier, the latest case unveiled Tuesday centered on a staffer who worked for a high profile German AfD member of […]

Romney & The Wrong Question: Senator’s Statement On Trump’s Guilt Captures The Problem With The Manhattan Trial Authored by Jonathan Turley, Yesterday, Sen. Mitt Romney (R-UT) had a much covered interaction with CNN’s Manu Raju who asked him about Trump’s criminal trial and whether he was guilty of the underlying criminal conduct. Romney responded “I think everybody has made their own assessment of President Trump’s […]

Kering Tumbles On Profit Warning As Gucci Revamp Stumbles  Gucci owner Kering SA’s problems in mainland China are only mounting as the French luxury giant issued a profit warning. As a result, shares of the company in Paris plunged to a six-year low.  Lackluster Chinese demand for the luxury goods maker, which includes the Gucci, Balenciaga, Bottega Veneta, Yves Saint Laurent, Creed, and Alexander McQueen brands, sparked […]

Boeing Jumps After Beating Apocalyptic Estimates Despite Biggest Cash Burn In 4 Years Having been hammered like a nail for much of 2024 as a result of incident after incident involving its flying paperweights (most recently this morning), Boeing stock enjoyed a modest rebound this morning when the airplane maker reported revenues, EPS and cash flow that were all stronger than expected, while assuring investors that “demand across […]

Primary Protest Vote: 17% Of Republicans Vote Nikki Haley In Biggest Battleground State On more than one occasion this primary season, the Biden-Harris campaign has been found itself on the wrong side of significant protest votes — for example, when 13.3% of Michigan Democrats voted “uncommitted” to register their deep dissatisfaction with his handling of the Israel-Gaza war among other things.  On Tuesday, it was Trump’s turn to […]

Jack Dorsey’s Block Announces Development Of ‘Full Bitcoin Mining System’ Authored by Turner Wright via CoinTelegraph.com, Payments firm Block, formerly known as Square, has announced plans to develop a Bitcoin mining system in response to challenges faced by mining operators. In an April 23 blog post, Block said it had completed development of a three-nanometer chip used for BTC mining, which led to the firm announcing a […]

Durable Goods Orders Suffers Biggest YoY Decline Since COVID Lockdowns The roller-coaster ride that is ‘Durable Goods New Orders’ continues this morning after the last six months of so have seen monthly swings higher and lower with no trend discernible whatsoever (especially noteworthy given yesterday’s slump into contraction for the Manufacturing PMI) amid the on-again-off-again turmoils of Boeing’s orders. Preliminary March data […]

Aussie Senator Says Elon Musk Should “Be In Jail And The Key Be Thrown Away” Authored by Steve Watson via Modernity.news, An Australian Senator has called for X owner Elon Musk to be jailed for life for refusing to adhere to the Australian government’s demands to remove a video of the brutal attack on a Christian Bishop in Sydney last week by an apparent Muslim extremist. After Bishop Mar Mari Emmanuel was attacked at his […]

Futures Rise For Third Day As Tesla, Texas Instruments Surge Boosts Tech Stocks Equity futures rose for the third day in a row – last week’s brutal drubbing a distant memory –  with tech outperforming as Tesla soars premarket after Elon Musk vowed to launch less-expensive vehicles as soon as late this year while Texas Instruments jumped 7% after it forecast revenue above the average analyst estimate.  The tech rally has kept […]

New Footage Shows Possible Explosion Before Cargo Plane Crashes In Fairbanks  New footage has emerged on X of what appears to be a possible explosion moments before the Douglas C-54 Skymaster cargo plane crashed into the Tanana River near Fairbanks, Alaska, on Tuesday evening.  AP News said the Douglas C-54, a variant of the DC-4 airliner, crashed about 7 miles from Fairbanks International Airport.  Clint Johnson, chief of […]

“They Think There Are Too Many Of Us On The Planet” – Alex Newman Warns Of Tyrannical UN Plans For Our Future Via Greg Hunter’s USAWatchdog.com, Award-winning journalist Alex Newman, author of the popular book “Deep State” and the new best-selling book called “Indoctrinating Our Children to Death,” says the UN’s quest for total tyrannical control of your life is coming sooner than you could imagine.  Newman […]

FlySafair Boeing 737’s Wheel Separates After Takeoff  Another near-mid-air disaster involving a Boeing 737-8EH was narrowly averted. The incident occurred last weekend in South Africa as the narrow-body airliner traveling from Johannesburg to Cape Town lost a wheel and was forced to make an emergency landing.  South African budget carrier FlySafair operated the 737. According to the aviation blog AirLive, one of the […]

How Nvidia Uses Gold Via SchiffGold.com, What is Nvidia? If you’re a committed gamer the question may sound like nonsense. Nvidia, which was founded in 1993, is a tech company that makes GPUs and other products. It originally specialized in making products for the video game industry, that assisted in 3D rendering. If you were a committed gamer, you probably owned their products. If you weren’t, you might not have […]

“F**king Clown Show”: Unsealed Court Docs Reveal Biden DOJ Colluded With National Archives To Target Trump, Jack Smith Tried To Conceal Newly unsealed documents in Donald Trump’s classified documents case reveal that the Biden White House colluded with the National Archives (NARA) and the FBI to concoct a case against the former president. Journalist Julie Kelly has been all over this: NEW: Thanks to order by Judge Cannon, key […]

Senates Passes $95 Billion Aid Bill For Ukraine, Israel And Taiwan, Forces Sale Of TikTok The republicans do what they always do best: fold like cheap lawn chairs. Moments ago, in a 79-18 vote, the Democrat-controlled Senate passed a long-delayed $95.3 billion foreign-aid package sending $60.8 billion in ammunition and military equipment to Ukrainian soldiers, as well as billions of soon-to-be-embezzled dollars to the offshore real […]

Meet The New ETFs That Are Offering ‘100% Downside Protection’ If 100% downside protection is the norm for banks that are too big to fail on Wall Street, why shouldn’t it be for everyday investors? This is the question that a number of ETF innovators are apparently asking, as a wave of new ETFs offering ‘100% downside protection’ are getting ready to hit the market, in the push to find the newest ETF fad.  After all, something […]

AI Chatbots Refuse To Produce ‘Controversial’ Output – Why That’s A Free Speech Problem Authored by Jordi Calvet-Bademunt and Jacob Mchangama via TheConversation.com, Google recently made headlines globally because its chatbot Gemini generated images of people of color instead of white people in historical settings that featured white people. Adobe Firefly’s image creation tool saw similar issues. This led some commentators to […]

Flying Cars Are Becoming Reality In China Multiple Chinese companies are focused on commercializing flying cars, utilizing a design that is different from the popular eVTOL aircraft that have been developed over the last several years, according to a new report from Nikkei this week.  XPeng AeroHT, an affiliate of the electric vehicle startup, plans to market a dual-mode eVTOL vehicle capable of both driving on roads and flying. […]

Wind Overtakes Fossil Fuels As The UK’s Largest Power Generation Source Authored by Charles Kennedy via OilPrice.com, The UK saw two consecutive quarters of wind power overtaking fossil fuels as the single-largest source of electricity generation for the first time, per data from think tank Ember quoted by Reuters columnist Gavin Maguire. In the first quarter of 2024, wind-generated a total of 25.3 terawatt hours (TWh) of […]

Germany Arrests EU Parliament Aide On China Espionage Charges A staffer who worked for a high profile German member of European Parliament for years has been arrested on charges of spying for Chinese intelligence, Germany’s federal prosecutor’s office announced on Tuesday. Identified only as Jian G., he had reportedly been a staff member for German MEP Maximilian Krah going back to 2019. Krah is with what mainstream media […]