Forget The Plague, CDC Reports Recent Surge In Deadly Brain Fungus Cases Authored by Jack Phillips via The Epoch Times, The U.S. Centers for Disease Control and Prevention has said in a recent report that healthcare officials and providers should be aware of a rare but deadly fungal infection that can affect the brain and has seen a surge in recent years. Joel and ‘woke neurodivergent Ellie’ from The Last of Us, where a not-so […]

Trump Wants To Build A New Camp David In The Most Trump Place Possible President Donald Trump wants to turn part of his own Florida golf course into a new presidential retreat modeled after Camp David, an unusual proposal that would further blur the line between the presidency and Trump’s sprawling private business empire. The plan calls for a portion of Trump International Golf Club in West Palm Beach to become an official […]

Report: Viral Posts Urge Northeast China To Stockpile Food Amid Russian Plague Scare; Trump Doubts Bioweapon Link Summary:  Unconfirmed Reports: Viral Posts Urge Residents In Northeast China To Stockpile Food And Antibiotics Trump: “We don’t think it’s a bioweapon, but we will find out.” US Reiterates “Do Not Travel” Warning For Russia After Lab Worker’s Death Raises Plague Fears Trump On Russian Plague Scare: “Don’t Think It’s […]

Iraq Formally Requests Syria Act As ‘Hormuz Bypass’ Route For Its Crude Syria’s geography has long given the country huge economic opportunities as a major energy transfer hub connecting Middle East states to the Mediterranean. But as the last decade plus of proxy war which resulted in the overthrow of Bashar al-Assad demonstrated, Syria has also long been target of foreign machinations bent on seeing a puppet state installed in […]

SpaceX Credit Risk Hits New High As AI Debt Binge Fears Spook Bondholders SpaceX’s proposed $40 billion chip-collateralized financing for Nvidia AI chips, reported overnight by the Financial Times, has restarted concerns over the pace of its debt-funded expansion, which as we discussed last night, , is starting to flash a dangerous shade of red: despite raising a record $86 billion in its June IPO, Elon Musk’s rocket and AI […]

Hawkish FOMC Minutes Show All 19 Fed Officials Supported Rate Hike, “Most” Assess Another Hike “By Year End Is Appropriate” The September FOMC minutes struck a distinctly hawkish tone, as all 19 Fed officials backed a rate hike in September, with many supporting the move to protect against the risk of intensifying inflation pressures. A separate group of officials said higher rates were necessary based on their outlook for the […]

Putin Praises Iran’s ‘Courage’ As US Gloats Over Oil Blockade & ‘Zero’ Exports The Trump administration has been busy boasting that it has brought Iran’s economy to its knees through the navy enforced oil blockade and through sweeping ‘Economic D-Day’ sanctions, but in direct contradiction to this, Russia is busy hailing Tehran’s ‘courage’. Iranian President Masoud Pezeshkian and Russian President Vladimir Putin held a phone […]

USDA Investing $180 Million For American Seed Sovereignty Authored by Naveen Athrappully via The Epoch Times, The U.S. Department of Agriculture (USDA) has announced a $180 million investment to launch the Seed Sovereignty Initiative for strengthening domestic agricultural security by protecting plant genetic resources. The USDA will use the funding to sequence the genetics of major crops to “unlock the tremendous potential of […]

NatGas Rises As Forecasts Signal Looming “Arctic Blast” Natural gas futures climbed on Wednesday morning as cooler weather forecasts across the Lower 48 pointed to stronger heating demand next week and as LNG exports from Gulf states reduced supplies available to the domestic market. Flagship AI models showing an “Arctic Blast” in the longer range forecasts ~10 days from now. Keeping a close eye on the Arctic as it could stretch […]

Did Bessent Call In Favor? Stellar 10Y Auction Prices At Highest Yield Since 2000 On Near Record Foreign Demand After yesterday’s ugly, it stopping through, auction, bond markets were on edge ahead of today’s $39 billion reopening of benchmark 10 Year paper: an ugly auction could well send yields to new multi-decade highs (if not vice versa).  Well, at 1pm we got the results of today’s 10Y auction (technically 9 Year, 10 Month […]

“They’ll Be Quite Rich”: Trump Says 70 Million Eligible Children Automatically Enrolled In ‘Trump Accounts’ President Trump announced in the Oval Office around 1 pm local time that every eligible child in America has been automatically enrolled in a tax-free investment account known as a “Trump account.” Trump said that when the kids “hit 18, they’ll be quite rich.” The president thanked Treasury Secretary Scott Bessent, as well […]

Leaked GameStop Memo Shows Used PS5 Pros Priced Above New Ones As GTA 6 Release Looms A leaked internal GameStop memo shared on Reddit lists pre-owned PlayStation 5 Pro consoles at $1,399.99 to $1,499.99, depending on specifications, putting them more than 50% above the $899 retail price of a brand-new unit. “The pre-owned console will have a higher price than the new console,” the memo states. “This is intentional.” Lo and […]

Pezeshkian Calls On Iranians To Ration Electricity, ‘Stand Up’ To US, As Negotiations ‘Stalemated’ Saudi Arabian state-owned outlet Al Hadath is reporting what many might consider obvious: Stalemate in mediation efforts between Washington and Tehran, the source reports Wednesday. US officials are continuing to tell Tehran that there will be “no progress” in negotiations until there’s progress on the nuclear file and that Hormuz is […]

From 3-Year Lows To 3-Year Highs In Nine Months: Mortgage Rates Surge To 7.49% As Bond Rout Hits Main Street Last December, we wrote that mortgage rates had dipped to 3-year lows. Nine months, one Middle East war and one global bond rout later, they are at 3-year highs. According to the latest weekly data from the Mortgage Bankers Association, the average 30-year fixed-rate mortgage jumped another 19bps to 7.49% in the week ended […]

One-Year Inflation Expectations Jump To 3 Year HIgh: NY Fed Survey Americans’ expectations for inflation over the near-tern jumped last month while their sentiment toward the labor market improved, the latest NY Fed Federal survey of consumer expectations showed on Wednesday. Consumers’ estimates for inflation one-year ahead rose to a median 3.9% in September, up from 3.6% the prior month, reaching the highest level since May of […]

Smart Home Stocks Tumble As Apple Readies Doorbells And Cameras To Challenge Amazon Smart home technology companies slid on Wednesday after Bloomberg reported that the iPhone giant is developing home products with LG Electronics. “Apple – in an unusual partnership with LG – is readying a Doorbell, Deadbolt Lock, Thermostat, Indoor Camera, Outdoor Camera, Floodlight Camera and more to rival Amazon and Google as part of its major […]

AI Consciousness Could Become A Regulatory Moat Authored by Peter C. Earle via The Daily Economy, Artificial intelligence companies have spent years convincing the public that their products are useful. More recently, they’ve sought to persuade policymakers that AI poses an unlikely but real existential threat to humanity. But their most recent campaign has taken a remarkable turn: making the case that sufficiently advanced AI […]

US To Deploy Anti-Ship Missile System To Japanese Island Near Taiwan Authored by Dave DeCamp via AntiWar.com, The US military will deploy an anti-ship missile system to Japan’s westernmost island of Yonaguni, which lies just 68 miles east of Taiwan, an unprecedented move that will ratchet up tensions with China. US Marines and a NMESIS system in Calayan, Philippines on June 25, 2026 (US Marine Corps photo)US Marines will deploy […]

Oil Drops Despite 3.1 Million Drop In Crude Inventories, Diesel Spikes Oil prices were largely unchanged, trading near session lows, after today’s DOE inventory data affirmed the latest downbeat API prints from Tuesday afternoon, showing that the crude draw in the last week was even bigger than what API reported (-2.1MM), and far worse than the +1.9MM expected increase, printing at -3.186MM, the biggest draw in 6 weeks. API     […]

Army Sets Dec. 3 Firing Squad Execution For Fort Hood Killer Authored by Kimberly Hayek via The Epoch Times, Nidal Hasan, the convicted terrorist who conducted the 2009 Fort Hood massacre, is scheduled to be executed by firing squad on Dec. 3. In this photo released by the Bell County Sheriff’s Office, U.S. Maj. Nidal Hasan, the Army psychiatrist convicted of multiple murders in the Fort Hood shootings, is seen in a booking photo […]

Better Late Than Never? EU Prepares Import Cap On Chinese Hybrids As Germany’s Industrial Base Burns Some ten years after it should have, Europe is finally reaching for the brakes. According to Bloomberg, the European Commission is preparing so-called safeguard measures to limit imports of Chinese hybrid vehicles, most likely via tariff-rate quotas that slap a levy on anything above a set volume. The cap would be time-limited, and […]

DeSantis Declares Emergency In 25 Florida Counties Ahead Of Possible Hurricane Authored by Jack Phillips via The Epoch Times, Florida Gov. Ron DeSantis on Tuesday evening declared an emergency for 25 counties ahead of Tropical Storm Isaias, which could strengthen into a hurricane in the coming days. This satellite image from the National Oceanic and Atmospheric Administration shows Tropical Depression Nine forming over the Gulf of […]

After Iran’s Rial, Hormuz Claims Its Second Currency: Iraq Devalues Dinar 13% To Keep Paying Salaries Last weekend, we noted that the clearest scorecard of the US economic war on Iran is the rial, which cratered to a record 2.7 million per dollar (the slide that we first flagged in “Iran’s Deadline Expires Today”… Rial Collapses, and which has only accelerated since). Turns out Tehran has company. On Wednesday, Iraq devalued its […]

Trump Says He Is Considering Suspending Federal Gas Tax Authored by Tom Gantert via The Epoch Times, President Donald Trump said he was thinking about suspending the federal gas tax as he spoke to reporters on Tuesday. President Donald Trump speaks at Anduril Industries in Sparrow Point, Md., on Oct. 6, 2026. Madalina Kilroy/The Epoch Times”We’re thinking about that,” Trump said when asked if the federal gas tax should be […]

Pakistan, Turkey & Saudi Arabia Trigger Mecca Defense Pact In a historic first, the Mecca Defense Pact between Saudi Arabia, Pakistan and Turkey is now in force, according to the allies at an emergency meeting in Riyadh. It was only signed in August, but soon after it was formalized an all-out war between the Houthis and Saudi coalition in Yemen erupted, with the Ansar Allah movement now increasingly targeting Saudi civilian […]