CIA Met With Ralph Baric In 2015 To Discuss “Coronavirus Evolution And Possible Human Adaptation”: Emails New documents released Oct. 30 by Sen. Rand Paul (R-KY) offer a potential smoking gun regarding American complicity in the creation of COVID-19.  As the Daily Caller’s Emily Kopp writes:  New documents show that intelligence risked implicating ODNI’s own bioengineering advisor — University of North Carolina […]

The Fed & Derivatives: How Complexity Hides Dishonesty Authored by Matthew Piepenburg via VonGreyerz.gold, I often close public interviews with the recommendation that investors facing an increasingly complex, distorted and landmine-rich economic setting need to focus on being informed rather than emotional. Free Power In other words, facts, cycles and patterns matter—in everything from the history of debt cycles and […]

When To Expect The Key Economic Reports After The Govt Reopens When previewing the week’s events on Monday, we said that while September’s jobs report will likely be published within days of the reopening (tentatively scheduled for this evening’s House vote), question marks swirl around the October jobs and CPI prints, and may instead not be published at all and instead will be rolled into the the November reports due in about three […]

Bessent: Major U.S. Moves Coming To Cut Coffee And Food Prices U.S. Treasury Secretary Scott Bessent said Americans can expect “substantial announcements” in the coming days aimed at cutting prices on imported products such as coffee, bananas, and other goods not produced in the United States. Speaking on Fox and Friends, he explained that these steps would bring prices down “very quickly” and predicted that “people would […]

Trump To Strengthen Wall Street Ties With Private Dinner At White House Tonight President Trump will host a private dinner Wednesday with top Wall Street executives as he looks to strengthen ties with the business community and encourage new investment in U.S. manufacturing, according to CBS News. Invited guests include JPMorgan Chase CEO Jamie Dimon, Nasdaq’s Adena Friedman, Blackstone’s Stephen Schwarzman, Morgan Stanley’s […]

US Sanctions Push Indian Refiners Away From Russian Crude By Charles Kennedy of OilPrice.com All but two Indian refiners have skipped placing orders for Russian crude for December after the U.S. sanctioned Russia’s top oil producers, Rosneft and Lukoil, sources with knowledge of the purchases told Bloomberg on Tuesday.  India’s refiners, which have come to rely on cheap Russian crude in the past three years, have withdrawn […]

Dems Dump New ‘Epstein Files’ With Trump – Redact Witness Who Already Exonerated Him New Epstein files have dropped – this time from House Democrats, and Trump is mentioned. But while they’re taking victory laps on X, it didn’t take long for sleuths to uncover that the dems redacted the name of a witness who already exonerated Trump in testimony, and revealed a weird relationship between Epstein and a ‘famous’ journalist.  In […]

Mediocre, Tailing 10Y Auction Sees Subdued Foreign Demand With the bond market closed on Tuesday for Veterans Day, the week’s staggered Treasury auction schedule caught up with where it should be at 1pm ET today when the Treasury sold $42BN in 10Y notes as part of the quarterly refunding exercise, in what was a mediocre auction. The auction priced at a high yield of 4.074% down from 4.117% last month, and the second lowest since […]

Trump Says He Has Obligation To Sue BBC For ‘Defrauding The Public’ With Jan. 6 Speech Edits Authored by Aldgra Fredly via The Epoch Times, President Donald Trump said Nov. 10 that he has an obligation to pursue legal action against the BBC over edits made to his speech on Jan. 6, 2021, that was shown in the UK broadcaster’s documentary. In a Fox News interview that aired on Nov. 10, Trump said he may sue the BBC for editing […]

SpaceX Cellular Starlink Now Beaming To Apple Watches In Canada & Japan Dick Tracy has entered the 21st century, kind of.  (Credit: Andrew Gebhart/PCMag) Apple Watch owners in Japan and Canada can now receive cellular Starlink service on the Ultra 3, Series 11 and SE 3 models, according to a quarterly earnings report from Japanese telecom operator KDDI, spotted by Ookla analyst Mike Dano and reported by PC Mag. The service […]

QE Is Coming: The 2008 Roots Of Fed Dominance Authored by Michael Lebowitz via RealInvestmentAdvice.com, Here we go again. The overnight funding markets are showing signs of stress, and the scent of QE is in the air. Per New York Fed President John Williams: Based on recent sustained repo market pressures and other growing signs of reserves moving from abundant to ample, I expect that it will not be long before we reach ample […]

“Surgical & Beautiful”: Trump Boasts Operation Affordability Ahead Of Midterm Cycle In the Fox News clip from The Ingraham Angle, President Trump touched on a range of topics, but affordability emerged as the dominant theme, one that’s already capturing national attention and poised to define the 2026 midterm election cycle.  In Trump’s interview with Laura Ingraham, the president dismissed Democratic talking points on […]

Blue Origin Rocket Launch Halted After Earth Slammed By “Cannibal” CME Update (1200ET): NASA postponed the launch of the New Glenn heavy-lift orbital rocket, developed by Blue Origin, on Wednesday due to “highly elevated solar activity.” “New Glenn is ready to launch. However, due to highly elevated solar activity and its potential effects on the ESCAPADE spacecraft, NASA is postponing launch until space weather conditions […]

Western Media Begins Damage Control After $100 Million Corruption Scandal Rocks Ukraine Update (1120ET): Ukrainian President Zelenskiy confirmed the dismissal of two key ministers and deployed personal sanctions on his former business partner as the corruption scandal in the country’s energy sector widens. “It is absolutely unacceptable that, amid all this, there are also some schemes in the energy sector,” Zelenskiy posted […]

The Problem Of The Meatpackers Authored by Jeffrey Tucker via The Epoch Times, President Trump is boldly facing the problem of high meat prices but also dealing with the financial strains on farmers themselves. The issue is reconciling the two. Lower prices are great for consumers but also add to the financial problems of small farmers. Gradually, Trump has come to the conclusion that the real bottleneck is with meatpackers […]

More Doves Incoming: Atlanta Fed President Bostic To Retiring Feb 2026 More turnover at the Fed ahead of what can be a historic, for the US central bank, year as Trump prepares to stack the Fed with a deep bench of uber-doves.  With the “fired” Lisa Cook’s lawsuit marinating at the Supreme Court, moments ago the Atlanta Fed announced that its president Raphael Bostic would retire at the end of his current term in February. […]

JPMorgan Launches Dollar Deposit Token On Coinbase’s Base Network Authored by Adrian Zmudzinski via CoinTelegraph.com, JPMorgan Chase & Co. — the world’s biggest bank by market capitalization — has begun deploying a token representing deposits held at the bank, called JPM Coin. According to a Wednesday Bloomberg report, JPMorgan’s institutional clients now have access to the JPM Coin. The bank’s blockchain […]

OpenAI Ordered To Produce 20 Million User Conversations To NY Times OpenAI has been ordered by a federal judge to turn over 20 million anonymized ChatGPT user logs to the NY Times and other newspapers suing the chat giant over its generative AI model.  In a Nov. 7 order revealed today, New York Magistrate Judge Ona T. Wang said producing the logs in whole is appropriate – granting the plaintiffs’ motion to compel […]

Coinbase Leaves Delaware For “Greener Pastures” In Texas As Exodus Continues For more than half a century, Delaware stood as America’s corporate capital, renowned for its business-friendly laws, respected Chancery Court, and consistent legal rulings. But in recent years, leftist activist lawmakers and politicized judges have undermined that very foundation, sparking an exodus of major companies seeking stability and fairness to […]

House Set To End Historic Shutdown After Democrats Cave Members of the House of Representatives are back on Capitol Hill today for the first time in 54 days, to vote on legislation that would reopen the federal government by midnight, ending the longest shutdown in U.S. history. REUTERS/Anna Rose Layden A Path to Reopening Early Wednesday morning, around 1:30 a.m., the House Rules Committee cleared the way for lawmakers to take […]

Oil Prices Slide As OPEC Glut Fears Trump IEA’s Demand Optimism Oil prices are tumbling this morning, erasing yesterday’s gain as OPEC and IEA unveiled their latest global supply/demand outlooks… OPEC flipped estimates for global oil markets in the third quarter from a deficit to a surplus, as US production exceeded expectations while the group itself ramped up supplies. Demand: The global oil demand growth forecast for […]

UK Balks At EU Demand Of Nearly $8BN To Join European Joint Defense Fund Early this week the UK government rejected a request from the European Commission for up to €6.75 billion ($7.8 billion) to join the EU’s flagship defense program, which marks a significant setback for post-Brexit relations under Prime Minister Keir Starmer and seen as another blow to European unity in efforts to counter Russia. The European Commission […]

Futures Rise With Government Set To Reopen Within Hours US futures are higher as the US takes another step to reopen with a House vote (expected to pass early evening on Wednesday, with Trump’s approval. As of 8:15am, S&P futures are 0.4% higher with the mood buoyed by expectations of an imminent end to the government shutdown and a Fed rate cut next month. Bullish datapoints in the AI story from AMD and FoxConn/Hon Hai […]

China’s Purchases Of US Soybeans Abruptly Stops  The Trump-Xi trade agreement cooled the tit-for-tat trade war between Washington and Beijing, paving the way for a more stable phase of negotiations. Both sides have made notable concessions: China curbed exports of fentanyl precursor chemicals, and the two countries agreed to suspend reciprocal port fees. Beijing also launched a flurry of “goodwill” soybean purchases following […]

Investors Flock Back To Natural Gas As Demand Soars By Irina Slav of OilPrice From indispensable bridge fuel to dirtier than coal, natural gas has gone through a few turbulent years recently, culminating in the EU’s risky legislation that could see it left out in the cold and dark, and investors’ newfound—or newly remembered—appetite for investments in gas. In the final year of his term, President Biden imposed a […]