An American Coup?
An American Coup? Authored by Thomas Neuberger via Substack, “The President shall be Commander in Chief of the Army and Navy” – Constitution of the United States, Article 2, Section 2 I found the following news via a piece at Ian Welsh’s site, and it struck me as important. While I don’t want to overplay what […]
When Could Billionaires Become Trillionaires?
When Could Billionaires Become Trillionaires? Elon Musk could become the world’s first trillionaire by 2027, according to a recent report by Informa Connect Academy. This graphic, via Visual Capitalist’s Bruno Venditti, shows the projected path for Tesla’s CEO and other billionaires to surpass the trillion-dollar mark. Methodology Informa analyzed the net worth data of the 30 […]
Owning A Car Is Less Important To Younger Generations
Owning A Car Is Less Important To Younger Generations 54 percent of Gen Z participants polled for Statista’s Consumer Insights survey in the U.S. between July 2023 and June 2024 claim that owning a car is important to them, compared to 69 percent of baby boomers. This suggests that the perceived necessity of car ownership is not […]
India Reports Record Gold Imports In August
India Reports Record Gold Imports In August By Mike Maharrey of MoneyMatals.com India reported record gold imports in August after the country slashed its import duty the month before. India ranks as the world’s second-largest gold consumer behind China. In July, the Indian government cut taxes on gold and silver imports by more than half, […]
Charting 150 Years Of Corn, Wheat, & Soy Yields In America
Charting 150 Years Of Corn, Wheat, & Soy Yields In America America can grow three-times as much corn from a single acre of land as it can wheat and soy. This is the story of how corn became king in America. To understand how this happened, Visual Capitalst’s Pallavi Rao visualizes the yields (measured in […]
This Is A New World Where The Most Powerful Players Are No Longer The Bankers, But Politicians, Their Deficits And Debts
This Is A New World Where The Most Powerful Players Are No Longer The Bankers, But Politicians, Their Deficits And Debts By Eric Peters, CIO of One River Asset Management “Today, unemployment is up to 4.2 percent, inflation’s down to a few tenths above 2. So, we know that it is time to recalibrate our […]
The Start Of A “New” Cycle
The Start Of A “New” Cycle By Peter Tchir of Academy Securities The Fed finally cut rates on Wednesday and 2-year yields finished the week higher, 10s didn’t have the decency to rally on Fed day, and according to the Bloomberg WIRP function, the market is pricing in 2.92% by the end of the September […]
Johnson Shrinks Again As Congress Reaches Shutdown Deal Without ‘Proof Of Citizenship’ SAVE Act
Johnson Shrinks Again As Congress Reaches Shutdown Deal Without ‘Proof Of Citizenship’ SAVE Act House Speaker Mike Johnson (R-LA) on Sunday unveiled a 90-day band-aid to avoid yet another government shutdown which fails to include the SAVE Act, which would have required proof of citizenship at the time of voter registration – despite Donald Trump […]
Apple A16 Chips Are Now Made In America
Apple A16 Chips Are Now Made In America Taiwan-based independent journalist Tim Culpan revealed that Taiwan Semiconductor Manufacturing Company’s plant in Arizona has produced the first batch of Apple A16 chips using the 4 nm process used to make the same chips at TSMC’s Taiwan factories. The volume of the new A16 chips, first introduced with iPhone 14 […]
Tropic Trouble Brewing In Gulf Of Mexico Could “Slingshot” Towards Offshore Oil Rigs
Tropic Trouble Brewing In Gulf Of Mexico Could “Slingshot” Towards Offshore Oil Rigs The latest Tropical Outlook from the National Hurricane Center indicates a 70% probability of tropical cyclone formation in the Gulf of Mexico or the Caribbean Sea over the next seven days. Forecast models predict that a tropical storm could develop early next […]