Hantavirus-Plagued Cruise Ship Begins Evacuations Early Sunday morning, the Dutch-flagged cruise ship MV Hondius, anchored off Spain’s Canary Islands, began evacuating passengers after a deadly hantavirus outbreak triggered a multinational public health response and put global health authorities on red alert. “The docking took place at 6:30 a.m. and has been a success in spite of all the adversities,” Health Minister Mónica […]

Housing Market’s Crucial “Spring Selling Season” Is In Tatters Authored by Wolf Richter via Wolf Street, Late last year and early this year, the story was that dropping mortgage rates, powered by big rate cuts from the Fed, would unleash demand in the housing market in the spring – the key spring selling season – and that sales volume would take off and that Realtors’ commissions would rocket to the moon. And so that […]

Soaring Death Toll In Lebanon Toll As Full-Fledged Israel, Hezbollah Fighting Returns Full-fledged war has returned to Lebanon as the government has announced that at least 23 people have been killed by Israeli airstrikes on Saturday alone.  Stretching back into Friday, this brings the total death count to at least 50 killed over the past 24 hours of Israeli bombings, also as Lebanon’s National News Agency (NNA) late on Saturday […]

Winning? Do We Need To Understand UBI Submitted by Peter Tchir of Academy Securities Winning? Do We Need To Understand UBI Iran (and the potential for a deal) has continued to move markets. As the 30-year bond rose above 5% earlier this week, we got news that we have a new approach to resolving the conflict – a one-page MOU. Markets (ex-oil) rallied around various “deal” headlines all week. Spider, Bret, and I spent some […]

Iran Responds To US Peace Proposal, As Ayatollah Meets With Top General To Discuss ‘Readiness’ Summary Iran responds Sunday to US peace proposal, finally submitting something official to Pakistan. Details not initially disclosed.  IRGC new warning: will unleash “heavy attack” on US bases in region if more Hormuz aggression persists. The still not publicly seen Supreme Leader has met with a top Iranian military […]

Iran-Linked Media Floats Data Tax On Hormuz Undersea Internet Cables An Islamic Revolutionary Guard Corps-linked media outlet has signaled that submarine fiber-optic cables running through the Strait of Hormuz remain in Tehran’s crosshairs. Tehran views Hormuz not only as an energy chokepoint but also as a digital chokepoint, with undersea cables beaming internet across the Gulf and into the global network. Source: Retuers  […]

What Would Be Truly Bullish? Actually Fixing What’s Broken Authored by Charles Hugh Smith via Of Two Minds, We’ve come to an interesting juncture in history, interesting because while we’re being assured that AI will solve all problems, including any it creates, back in the real world, AI is incapable of fixing what’s broken because too many people are getting rich off the status quo, and since the status quo is the problem, those […]

Housing Cost Pressure Varies Widely Across The EU Housing affordability in the EU has an uneven spread across the continent according to data from Eurostat. As Statista’s Jack Lillis details below, the share of people whose housing costs exceed 40% of disposable income ranges from as low as 2.4% in Cyprus to as high as 28.9% in Greece. The EU 27 average stands at 8.2%, but this figure masks significant disparities between […]

The Most Direct Social Engineering Propaganda You’ll Ever See Authored by Steve Watson via modernity.news, A new Channel 5 drama series has delivered what many are calling peak social conditioning: a classroom scene where a teacher is berated by students for failing to instantly adopt preferred pronouns and for daring to stage Shakespeare’s A Midsummer Night’s Dream. A clip, shared widely on social media, shows an old-school […]

Maersk CEO Warns Iran War Is A “New Wake-Up Call” For Global Trade It is becoming increasingly clear that reopening the Strait of Hormuz has become a top U.S. priority (really a global priority) , as oil executives and industry insiders warn that the clock is ticking toward an energy and global trade shock if the maritime chokepoint remains closed for another month. Frederic Lasserre, head of research at Gunvor, one of the world’s […]

AI Is Losing The PR Battle And The Consequences Could Be Huge Authored by Donald Kendal via The Epoch Times, Lately, when watching high-profile sporting events like the NBA Playoffs, you may have noticed a rash of commercials for artificial intelligence (AI) companies. While average commercials strive to show off new products or services or recruit new customers, these AI commercials seem to have a different primary objective. They […]

The Return Of History: Deutsche On Gold, The Dollar, & The Monetary Future Authored by Mallika Sachdeva and Michael Hsueh via Deutsche Bank Research Institute, In 1989, Francis Fukuyama argued that humanity had reached “the end of history”. In the years that followed, the US became the uncontested hegemon, global trade exploded in a US-defined liberal order, developed market central banks sold gold, while emerging markets […]

How Governments, Corporations, & Technocratic Systems Are Quietly Redefining Ownership In The 21st Century Authored by Milan Adams via PreppGroup, There are periods in history when societies begin to discover that the liberties they believed to be permanent were, in reality, conditional arrangements tolerated only while they remained politically convenient. Across the Western world, governments are quietly expanding the legal […]

Chinese EVs Absent From U.S. Roads, But Parts Under The Hood Are Alarming For good reason, U.S. policymakers have resisted opening the domestic auto market to a flood of cheap, gasoline-powered Chinese cars and EVs. Such a move would crush Detroit into even more misery. It would accelerate the hollowing out of the nation’s industrial base (something Europe willingly did), further degrade suppliers, and weaken the country’s ability […]

4 Key Points From New White House Counter-Terror Strategy Authored by Ryan Morgan via The Epoch Times, President Donald Trump’s administration rolled out its new counterterrorism strategy overview on May 6, articulating recent policy shifts and new pledges going forward. The 16-page strategy guide seeks to articulate an “America First” approach to dealing with militants, extremists, and criminal enterprises. “For the […]

Cameco Sees As Many As 20 AP1000 Nuclear Reactors On The Horizon Cameco leadership recently made announcements during their 2026Q1 earnings call regarding an expectation that as many as 20 AP1000 reactors will be announced for construction with support from the Department of Commerce (DOC) and the Department of Energy (DOE).  Grant Isaac, the Chief Operating Officer and President of Cameco, provided some color on the call for […]

Trump Congratulates Incoming Iraqi Leader, Who Moves To Disarm Pro-Iran Militias Via The Cradle A committee comprising three senior Iraqi figures is close to finalizing an “executive plan” to disarm factions within the Popular Mobilization Forces (PMF) that enjoy support from Iran, Asharq Al-Awsat reported on 8 May. Development of the plan, which will be presented to US officials in the next few days, comes amid expected […]

“Exponentially Deteriorating”: Baltimore’s Lawlessness Spreads Into Suburbs As Democrats Lose Control Maryland is one of many blue states that have transformed into a failed progressive experiment, where net migration flows are negative as productive, working-class taxpayers flee the state, not just because of high taxes and the power bill crisis, but also because they’ve had enough of left-wing politicians and their failed […]

From Civilian To Military Economy: This Is What A Declining Empire’s Economy Looks Like Authored by Bryan Lutz via DollarCollapse.com, “A government always finds itself obliged to resort to inflationary measures when it cannot negotiate loans and dare not levy taxes, because it has reason to fear that it will forfeit approval of the policy it is following if it reveals too soon the financial and general economic consequences of […]

When The Persian Gulf Supply Shock Meets The Warsh Fed: Stagflation & The Coming AI Bubble Bust Authored by David Stockman via InternationalMan.com, Here is a salient place to start regarding the economic impact of the Donald’s misbegotten war on Iran: To wit, approximately 7 billion ton-miles of freight moves by truck each and every day in the USA, which heavy truck fleet consumes upwards of 2.9 million barrels per day […]

Caught On Tape: California Billionaire Tax Architect Admits Wealth Confiscation Could Go Even Further One of the co-authors of California’s controversial ‘one-time’ tax on billionaires appeared to suggest that the levy could extend beyond a single imposition. Marxist economics professor Emmanuel Saez, who hails from France, made the comment during a Tuesday debate against economist Arthur Laffer at the University of California, […]

Commodity Supercycle: The Enemy Of The Bull Thesis Authored by Lance Roberts via RealInvestmentAdvice.com, The commodity supercycle thesis is everywhere right now. Bank of America’s Michael Hartnett, one of the most widely read strategists on Wall Street, recently declared “commodities the biggest trade of the next five years,” anchoring the call on deglobalization, chronic capital underinvestment, and a world drifting away […]

“Dateflation”: 40% Of Singles Are Going On Fewer Dates Due To High Costs Inflation is reshaping modern dating by making romantic outings more expensive and forcing many singles to be more intentional about how they spend, according to a new study from DealSeek.  Rising costs are affecting how often people go out, with 71% of singles saying dating is more expensive than it was a year ago and 40% saying they are going on fewer dates […]

Hantavirus: Stop The Spread Is Back Via the Brownstone Institute, Hollywood loves a good sequel and so does politics and pharmaceutical development.  Since Covid, there have been several attempted disease scares – Mpox, Swine flu, Bird flu, Chikungunya, Measles – but nothing has really caught the attention of audiences like the new Hantavirus frenzy.  Today’s evidence comes from DRUDGE REPORT: global effort to stop the […]

Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming Recent trading competitions suggest large language models are still unreliable portfolio managers, according to Bloomberg. Tests involving models from OpenAI, Anthropic, Google, and xAI have often delivered underwhelming results: many lost money, traded excessively, and made erratic decisions despite receiving identical prompts. In several cases, models […]