Sen. Graham Touts Movement On New Russian Sanctions Bill ‘With Trump’s Blessing’ Sen. Lindsey Graham announced Monday the Senate is taking up legislation that would sanction Russia’s trading partners, in order to ramp up the pressure on Moscow to end the war with Ukraine. The announcement came after President Donald Trump told reporters Sunday night the proposed legislation would be “OK with me” – which marked his strongest signal […]

AI “Circle Jerk” Rages On: Microsoft, Nvidia Invest $15 Billion In Anthropic Two months ago, when nobody was talking about the coming AI debt tsunami needed to bankroll trillions in data-center capex, and nobody was paying attention to Oracle’s CDS quietly blow out, and well ahead of the Bank of England’s AI valuation warning, we published “The Stunning Math Behind The AI Vendor Financing “Circle Jerk,” essentially laying out all […]

China’s Oil Stockpiling Accelerated In October Authored by Irina Slav via OilPrice.com, China stockpiled crude oil at elevated rates in October, at a daily rate of some 690,000 barrels, up from 570,000 barrels daily in September, Reuters’ Clyde Russell reported today, citing calculations derived from official Beijing data. Refinery throughput in October averaged 14.94 million barrels daily, the official data showed, while […]

Callaway Sells Struggling Topgolf To Los Angeles Private Equity We raised the question back in 2023: was the Topgolf mania just another consumer hype bubble? Turns out that may have been the case. Topgolf Callaway Brands had been trying to unload or spin off the Topgolf unit for some time, and now they have. Bloomberg reports that Callaway has sold a 60% stake in its Topgolf and Toptracer division to Leonard Green & Partners […]

The Boundaries Dividing Political, Monetary, Fiscal, Trade And Other Policies Are Gone By Michael Every of Rabobank The Polycene and the Monocene For over a decade our global strategy has warned the ‘liberal world order’ would collapse. Now, the New York Times’ Tom Friedman, in ‘Welcome to Our New Era. What Do We Call It?’, shares that “For the past few years, I have had to ask myself a question I never asked before […]

Factory Orders Data Show Rebound In August As the macro data engine slowly starts to grind back into motion, we are given glimpses of what happened ‘months’ ago. Earlier we got some jobless claims data from four weeks ago, and now we get Durable Goods and Factory Orders data from August… …and the data we got was kinda meh… August Factory orders rose 1.4% MoM (a big swing from the 1.3% MoM decline in July and an even bigger […]

Trump Blasts “Big, Fat, Rich Insurance Companies” As Lawmakers Propose Ways To ‘Fix’ Obamacare Obamacare remains on center stage nearly a week after the government shutdown ended on Nov. 12. The health coverage program, formally known as the Affordable Care Act Health Insurance Marketplace, was a driver of the government shutdown as Democrats demanded that temporary enhanced subsidies for the program be made permanent. The […]

Elliott Mgmnt Builds ‘Large’ Stake In Barrick Mining As Central Bank Gold Buying Accelerates Elliott Management has built a large stake in Barrick Mining Corp., the Financial Times reported, citing people familiar with the matter. Elliott’s stake – valued at at least $700 million – puts it among Barrick’s 10 biggest investors, the FT cited the people as saying, and comes after the Canadian gold giant struggled to benefit from […]

Super Creepy ‘The World Ahead 2026’ Economist Magazine Cover Signals War, Pestilence, & Financial Collapse Next Year Authored by Michael Snyder via The End of The American Dream blog, There is one magazine that represents the interests of the global elite more than any other.  It is known as “The Economist”, and each year it puts out an issue that is dedicated to what is coming in the year ahead.  As we have seen so many […]

Valar Atomics Achieves Cold Criticality With Project NOVA California-based reactor developer Valar Atomics announced the milestone achievement of obtaining criticality under Project NOVA in collaboration with the Department of Energy’s (DOE) Los Alamos National Lab (LANL). Criticality was achieved at 11:45 AM PT on November 17th. Zero-power criticality, or “cold criticality”, is the foundational milestone which precedes nuclear […]

ADP Employment Report Signals Rebound In Labor Market; Claims Confirm Resilience For the four weeks ending Oct. 31, 2025, private employers shed an average of 2,500 jobs a week, according to ADP’s new weekly employment report update, suggesting that the labor market improved significantly in the last week (from an 11,250 average drop during the prior week). Extrapolating with some simple math that implies a monthly drop of […]

Futures, Bitcoin Tumble, Extending Longest Losing Streak Since August US equity futures are sharply lower again – but off session lows – after the S&P 500 and Nasdaq closed below their 50-day moving averages for the first time since April; both tech and small caps are lagging as the market tries to find a level as the bond market continues to reduce the probability of a further Fed easing. As of 8:00am. S&P futures are […]

Trump Threatens To Cancel World Cup In Seattle After Election Of ‘Communist’ Mayor If Democrats were hoping that the Trump Administration was going to overlook their recent shift towards “democratic socialist” candidates for political office, they should probably rethink their strategy.  Federal dollars and favors are unlikely to flow forth from Washington DC into the pockets of Zohran Mamdani in NYC or Katie Wilson in Seattle. […]

“I’m Panicking WTF”: Cloudflare Outage Sparks Global Internet Chaos Update (0753ET):  Cloudflare’s internet outage continues…  X remains disrupted, as well as many other websites. . THE CLOUDFLARE COLLAPSE BY NUMBERS: OUTAGE SEVERITY: – Global scope across ALL timezones – 11,000+ reports in USA (first hour) – 3,800+ reports in UK (first hour) – Multiple critical services failed simultaneously ERROR TYPES REPORTED: – HTTP […]

Full Market Cycles: Half Bull And Half Bear Authored by Lance Roberts via RealInvestmentAdvice.com, Last week, we discussed the importance of “math” as it relates to valuations and noted the importance of understanding “full market cycles.” To wit: “The math on forward return expectations, given current valuation levels, does not hold up.  The assumption that valuations can fall without the price of the markets […]

​​​​​​​Home Depot Slashes Outlook As Home-Renovation Demand Continues To Crumble Home improvement retailer Home Depot slashed its full-year earnings outlook after another weak quarter, citing soft big-ticket spending, a paralyzed housing market, and lackluster seasonal demand. Adjusted EPS is now expected to fall 5%, worse than prior guidance.  Third-quarter comparable sales rose just .2%, far below Bloomberg […]

Zelensky Inks Huge Fighter Plane Deal With France Amid $100M Corruption Scandal Via The Cradle Ukraine is being rocked by a $100 million corruption scandal involving government officials close to Volodymyr Zelensky, amid the Ukrainian president’s efforts to secure European funding and new warplanes for the war against Russia, Le Monde reports Monday. Timur Mindich, a close associate and former business partner of Zelensky, has […]

China’s Expanding Space And Arctic Reach Raises Western Concerns As the world moves closer to The Matrix, China is moving closer to Star Wars. The country’s drive to gain autonomy in critical technologies has pushed it deeper into space, the deep sea and the Arctic, according to a new article from the South China Morning Post. After the Yinhe incident and later exclusion from Europe’s Galileo programme, Beijing built the […]

Britain’s Speech Gulag Exposed: 10,000 Arrested Last Year For Social Media Posts Authored by Steve Watson via Modernity.news, A damning study complete with an interactive map has revealed that UK police arrested nearly 10,000 people in 2024 for “grossly offensive” social media posts—equivalent to 30 arrests every single day—while knife crime, burglary, and sexual offences go unsolved. This Orwellian crackdown, driven by […]

Poland Suspects Russia In “Unprecedented Act Of Sabotage” Of Rail Line EU and NATO leaders are currently pointing the finger at Russia for what could be one of the single biggest acts of sabotage on European soil since the Ukraine war began. A train track linking the Polish cities of Warsaw and Lublin was destroyed in an “unprecedented act of sabotage” on Sunday. Polish Prime Minister Donald Tusk declared that the now damaged […]

“You Can’t Handle the Truth”: UK Health Watchdog Reportedly Refuses To Release Data On Vaccine Deaths Authored by Jonathan Turley, The United Kingdom’s public health service is reportedly refusing to release data on the potential relationship between the COVID vaccine and excess deaths. The reason? It would upset people to know the truth. The question is whether British citizens have become so passive and yielding that they […]

Climate Scientists Claim That Global Warming Is Going To Cause A New Ice Age? In the past, climate change has been consistently ranked as a “top concern” for people all over the world. However, that priority has shifted in recent years according to a revealing study published in October by global research firm Ipsos.    The change has been dramatic. In 2025, public concern over climate change has fallen sharply behind concerns of […]

Highlights From Lavrov’s Interview That A Leading Italian Newspaper Refused To Publish Authored by Andrew Korybko via Substack, Leading Italian newspaper Corriere della Sera scandalously refused to publish in full the exclusive written interview with Sergey Lavrov that the Russian Foreign Ministry offered them in order to clarify Russia’s positions and with which they were eager to cooperate until they received the answers from […]

Reality Caught Up To ‘Climate Change’ Authored by Victor Davis Hanson via American Greatness, For decades, the monolithic and sacrosanct international climate change hierarchy went unquestioned. Western nations in particular spent trillions of dollars over the past half-century to subsidize expensive but erratic wind and solar energy while demonizing carbon fuels as toxic threats to the planet. Like Diversity, Equity, and […]

Trump-Style Conservative Favored Against Communist Candidate As Chile Enters Presidential Run-Off The consensus out of a closely watched presidential race in Chile is that the Right is rising and holds the upper hand, after a Sunday vote produced no clear winner between Jeannette Jara of the Communist Party, and José Antonio Kast, an ultraconservative lawyer who has expressed admiration for Donald Trump. A run-off is now […]