The Disastrous UK Disability Signal That Corroborates The US Data! Authored by Ed Dowd: Beyond the Narrative via Substack, The Disability Signal Across the Atlantic On August 11 I wrote US Disabilities Hit an All-Time High of 37 Million In July: UP 23% Since Feb 2021. The BLS Current Population Survey printed 37,029,000 Americans 16 and over reporting a disability. That is seven million more people since February 2021, a 3-to-4 […]

Brazil Election Polls Too Close To Call, But Polymarket Gives Bolsonaro Clear Lead Brazil’s presidential race is entering the final stretch ahead of Sunday’s first-round vote.  HSBC strategists led by Nicole Inui wrote in a note that the latest polls show socialist President Luiz Inácio Lula da Silva slightly ahead of right-wing Senator Flávio Bolsonaro, though the race remains neck and neck. Both candidates remain […]

“Zero Hormuz”: Abu Dhabi Crown Prince Readies Tens Of Billions To Turn Fujairah Into Hormuz Bypass On March 3, just days after the first US and Israeli strikes on Iran, when most of the market was still busy pricing the closure of the Strait of Hormuz as a temporary inconvenience, we pointed out something that seemed rather obvious (to us): the UAE’s oil port of Fujairah, which sits on the Gulf of Oman and bypasses the strait […]

Uranium Term Prices Hit A Record… So Why Is Nuclear Getting Nuked? If you only looked at the price of the fuel, you’d think the nuclear trade has never been better. Long-term uranium prices are sitting at $96/lb, an all-time record and up ~12% YTD, taking out the $95/lb high set in mid-2007 at the peak of the last uranium mania (per UxC data compiled by TD Cowen). Spot has followed along to roughly $90/lb, up ~11% YTD. If, […]

Protection Orders, Gun Training, And 3D Printing Laws Among Gun Bills Signed By California Governor Authored by Michael Clements via The Epoch Times, California Gov. Gavin Newsom signed a package of 10 gun bills into law that he says will enhance what he considers to be the state’s already exemplary record of firearms safety. Newsom’s office announced the signing in a press release on Monday. According to the release, the laws […]

Ken Griffin Pledges Record $3 Billion To Carnegie Mellon, With $2 Billion Going To Miami Mamdani wants New York’s billionaires to cough up more money. Maybe he should call Florida and ask how they’re getting them to hand it over voluntarily. Because Miami just scored a $3 billion pledge from billionaire Ken Griffin, with $2 billion earmarked for a brand new Carnegie Mellon campus in the city, according to Forbes. The massive […]

Ron Paul: The Coming GOP Bloodbath? Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Most indicators suggest that the Republicans in the House and Senate are going to face a brutal backlash from the American people in November. Polling with generic ballots suggest a big win for the Democrats and likely the loss of Republican control of both houses of Congress. There is little reason to cheer a […]

To Build Golden Fleet Frigate Fast, Two Shipyards Are Needed Authored by Brent Sadler & Chase Ouellette via RealClearDefense, In 1798, while at war with France, an exasperated British Lord Nelson exclaimed, “Were I to die at this moment, ‘want of frigates!’ would be stamped on my heart.” It’s a perennial problem: Frigates formed the backbone of navies in Nelson’s time and do so today as well, and there seldom seems to be […]

Benchmaxxed: Google’s New Gemini 4 Aces SAT, Struggles With Actual Job, “Skeptical Employees” Admit After a year in which Google’s AI roadmap resembled a Waymo stuck in a roundabout, the search giant on Wednesday finally unveiled Gemini 4 “Argon”, its long-awaited flagship model. The market cheered, briefly: according to Goldman’s closing equities color, GOOG traded +2% after hours on the “Argon” announcement.  Then Bloomberg […]

Judge Orders New York City To Scrap Notices For Mamdani’s Tax On Second Homes Authored by Jill McLaughlin via The Epoch Times, A Staten Island judge ruled Sept. 29 that New York City Mayor Zohran Mamdani’s administration mishandled the rollout of a pied-à-terre tax on second homes in July, ordering the city to scrap the notices and start over. Supreme Court Justice Wayne Ozzi sided with homeowners who claimed the program that […]

Battleground Democrats Are Snubbing Two 2028 Presidential Contenders Democratic candidates in several of this fall’s most competitive House and Senate races are keeping Rep. Alexandria Ocasio-Cortez (D-N.Y.) and former Vice President Kamala Harris off their campaign trails – even though both women rank among the party’s leading prospects for the 2028 presidential nomination. The Democratic bench for 2028 includes Harris, […]

US Ambassador Says China Is ‘Weaponizing’ Rare-Earth Dominance Authored by Arthur Zhang via The Epoch Times, Beijing is “weaponizing” its dominance of rare earths, and Chinese authorities have escalated restrictions on efforts to diversify supply chains away from China, U.S. Ambassador David Perdue said on Sept. 29. A view of the MP Materials rare-earth open-pit mine in Mountain Pass, Calif., on Jan. 30, 2020. Steve […]

Massive Gas Pipeline Blast Rocks Damascus Suburbs – 2nd Suspected Sabotage This Week A huge explosion has rocked a Damascus suburb area on Wednesday evening (local), in what could be the second act of suspected sabotage against natural gas infrastructure in just a few days. “A gas pipeline exploded Wednesday near the Tishreen power station in Syria’s Eastern Ghouta area in the Damascus countryside,” Alikhbariah TV reported. […]

Newsom Signs Laws Banning Shock Gloves And Taxing Immigration Detention Centers Authored by Chase Smith via The Epoch Times, California Gov. Gavin Newsom signed 21 bills on Sept. 29 aimed at limiting federal immigration enforcement in the state, including a ban on officers using shock gloves and a new 25 percent tax on private detention centers. California Gov. Gavin Newsom speaks in Los Angeles on Sep. 25, 2024. John […]

Hegseth Orders Cyber Command, Intel Agencies To Counter Foreign Threats To Midterms Secretary of War Pete Hegseth has directed U.S. Cyber Command and the Pentagon’s combat support agencies to focus intelligence and cyber tools on foreign efforts to interfere in the 2026 midterm elections. The Department of War (DoW) memo circulated Monday and dated Sept. 22 was addressed to the Cyber Command chief and the directors of the […]

Micron Flat After Strong Revenue Guidance Offsets Slight Margin Miss The highly anticipated Micron earnings (since memory is the one place in the sector in the market where all those massive new bond sales are funding) are finally out and they painted a solid, if slightly mixed, picture compared to buyside bogeys. As we said in our preview, what would matter today is not what the company did in Q4, but how it guided to Fiscal Q1 […]

Who Keeps The Money When AI Rewrites Bank Code? Authored by Patrick Feeley via Substack, The code most American banks run on was designed in 1959, the year Alaska and Hawaii became states. A committee of government and industry people wrote COBOL so that business programs could be read by people who were not mathematicians, and a good part of it was modeled on FLOW-MATIC, an earlier language from Grace Hopper, a Navy officer. I […]

Sex, Spies, And The FOMC: How Beijing Turned A Senior Fed Economist Into Its “Inside Man” For years, conspiracy theorists have insisted that the Federal Reserve is run for the benefit of a foreign power. It turns out they were – at worst – only half wrong: it’s just that the foreign power in question wasn’t getting the FOMC minutes through the front door, but via a lovesick Fed economist, an online dating site, a set of silk […]

Trump Responds To Watchdog Report: Force Powell Off The Fed Board – Or Sue Him Update (1554ET): So much for “finality.” Minutes after the Fed’s own inspector general cleared the Eccles renovation of criminality – and of administrative misconduct – President Trump made clear he is not treating the Horowitz report as the last word. Powell, Trump said on Truth Social, should be “forced to resign” from the Board of Governors. If he […]

Police “Islamophobia” Training Equates Farage’s Words With Hate Crime Authored by Steve Watson via MODERNITY, North Yorkshire officers sat through a publicly funded “Islamophobia” talk that treated Reform UK leader Nigel Farage’s remarks on British values as if they belonged in the same conversation as a racially aggravated attack. The trainer then asked the room which man had done “the most harm” – the politician on national […]

Stabbed Indian Pilot Foils Crash Plot By Crazed Omani Co-Pilot As Jet Plunged 18,000 Feet Summary:  Heroic Captain Fights Off Omani Co-Pilot In Suspected Hijacking Of Israel-Bound Jet CNN Sources Say Co-Pilot Tried To Hijack Plane  Omani Co-Pilot Stabbed Pilot  Midair Horror: FlyDubai Pilot Reportedly Stabbed, Israeli News Says Incident Treated As “Full-Fledged Terror Attack” New Details  New details have emerged about […]

Top Shia Cleric Says US Should Compensate Iraqis As Last American Forces Leave Via Middle East Eye Influential Shia cleric Muqtada al-Sadr has said the US should compensate Iraqis for the damage inflicted on the country, as the last American troops pull out of Iraq. In a statement on Wednesday, which is the deadline for American forces to end their 12-year presence (since the start of ‘Inherent Resolve’ against ISIS) in the […]

Mother Arrested After Toddler Pulls Loaded Gun From Backpack At Michigan Daycare A toddler pulled a loaded handgun from a backpack inside a Michigan daycare Monday, leaving a teacher to step in before anyone was hurt. The child’s mother has been arrested, while the father, reportedly a Detroit police officer, is the subject of a separate departmental review. Local reporting describes an incident captured on surveillance video and a […]

Navy Awards Boeing $20 Billion Contract For Next-Generation Fighter Authored by Tom Gantert via The Epoch Times, Boeing has secured a contract worth more than $20 billion to develop the U.S. Navy’s next-generation carrier-based fighter. The Boeing Co. logo is displayed outside of company offices near Los Angeles International Airport in El Segundo, Calif., on Jan. 18, 2024. Patrick T. Fallon/AFP via Getty ImagesThe Navy contract […]

“Seek Higher Ground Now”: A Near Dam Failure In New Mexico Was Just The Warm-Up For A Record El Niño A flood-control dam in southern New Mexico came close enough to failing Tuesday that the National Weather Service ordered people downstream to get out of the way. Forecasters issued a flash flood emergency for McLeod Dam near Garfield in Doña Ana County, after dam operators and county officials reported that failure was […]