The Real Story Behind the Fed’s “Soft Landing” Narrative
The Real Story Behind the Fed’s “Soft Landing” Narrative Authored by Ryan McMaken via The Mises Institute, The Federal Reserve’s Federal Open Market Committee (FOMC) last week left the target policy interest rate (the federal funds rate) unchanged at 5.5 percent. The target rate has now been flat at 5.5 percent since July of 2023—as […]
Elon Musk Slams “Extinctionist Movement” Who See Humans As A “Plague”
Elon Musk Slams “Extinctionist Movement” Who See Humans As A “Plague” Authored by Steve Watson via Modernity.news, In a recent interview, Elon Musk warned that those who wish to see humanity thrive are in a fight against those with an “extinctionist” philosophy, environmental extremists who see humans as a “plague on the Earth.” Musk was […]
Futures Flat As European Stocks Stabilize
Futures Flat As European Stocks Stabilize Futures are flat to start the holiday-shortened week (markets are closed Wednesday for Juneteenth). As of 8:00am, S&P futures are unchanged just above 5500, while Nasdaq futures rose 0.2%; France’s CAC 40 benchmark erased most of its opening 1% advance and global stocks ceded most of their early gains […]
Vietnam Hit By Widespread Internet Disruption After Undersea Cables Fail
Vietnam Hit By Widespread Internet Disruption After Undersea Cables Fail Vietnam News Agency reports three of Vietnam’s five international undersea internet cables are down to start the week, sparking major internet outages. This is the country’s second major outage in just over a year. The Intra Asia (IA) cable had an incident on its S1 branch connecting to […]
How Does Crypto Perform In An Inflationary Recession
How Does Crypto Perform In An Inflationary Recession By Sebastian Bea of Coinbase Asset Management A pinch of paranoia is an essential ingredient in the risk management toolkit as markets hunt to humiliate hubris. Investors are tasked with monetizing megatrends. Macro risks are seen as a nuisance for growth-focused investment styles. But macro risks can […]
“It’s Just Not Right”: Major Venues Now Punishing People For Using Cash Vs. Plastic
“It’s Just Not Right”: Major Venues Now Punishing People For Using Cash Vs. Plastic Fans heading to Yankee Stadium hoping to pay in cash at the iconic ballpark for their favorite concessions have been thrown a curveball: go cashless or pay extra. As the Wall Street Journal reports, Noa Khamallah, a 41-year-old New Yorker, found […]
LA City Council Removes ‘Homophobic’ No U-Turn Signs
LA City Council Removes ‘Homophobic’ No U-Turn Signs Authored by Steve Watson via Modernity.news, Los Angeles City Council has removed No U-turn signs from Silver Lake, claiming that they are homophobic. How exactly is a road sign homophobic? Well, a long time ago there were some signs alongside the No U-turn ones that said ‘No cruising’. […]
“Upcoming Report Will Expose Horrors” Of Biden’s Lost 85,000 Migrant Children In America
“Upcoming Report Will Expose Horrors” Of Biden’s Lost 85,000 Migrant Children In America One of Muckraker.com’s journalists has taken to X, revealing an upcoming report set to expose the shocking reality behind some of the 85,000 migrant children who vanished under the Biden administration’s first term. Muckraker wrote on X that one government insider has supplied them with a “list of […]
It Would Be A Bad Idea For Japan To Sanction Indian Companies On Anti-Russian Pretexts
It Would Be A Bad Idea For Japan To Sanction Indian Companies On Anti-Russian Pretexts Authored by Andrew Korybko via Substack, India might conclude that Japan was put up to this by its American patron if it comes to pass, which could then complicate their multilateral efforts to manage China’s rise. Tribune India cited Japanese media […]
Tesla Begins Testing Full Self-Driving On Chinese Roadways Ahead Of Rollout
Tesla Begins Testing Full Self-Driving On Chinese Roadways Ahead Of Rollout Beijing recently ‘greenlighted’ Tesla the ability to roll out its driver-assistance system, known as “Full Self-Driving,” or FSD. A new report suggests Tesla is testing vehicles equipped with FSD on city streets and highways in the world’s largest car market. Reuters cited a report from the government-backed Shanghai […]