24.10.28

The “Righteously Pissed Off” Are Ready To Go To Work To Fix Whatever They Can

The “Righteously Pissed Off” Are Ready To Go To Work To Fix Whatever They Can Authored by James Howard Kunstler, Speaking of Abortion… “Good rule of thumb: those who frequently use the word “disinformation” are the ones most likely to be pushing it” – Elon Musk What were they thinking after they shoved “Joe Biden” […]

24.10.28

Stocks ‘Squeeze’ Higher, Crude Crushed, Bitcoin Bid Ahead Of Catalyst-Heavy Week

Stocks ‘Squeeze’ Higher, Crude Crushed, Bitcoin Bid Ahead Of Catalyst-Heavy Week Today saw the quiet (short squeeze higher) before the storm of risk catalysts ahead this week (including 41% of SPX earnings and a handful of key macro data – JOLTS, GDP, PCE, NFP). But October Dallas Fed manufacturing activity was better than expected today, […]

24.10.28

Treasury Trims Debt Estimates For Current Quarter, But Q1 Borrowing Surge To Follow

Treasury Trims Debt Estimates For Current Quarter, But Q1 Borrowing Surge To Follow Back in July and exactly one quarter ago, when the US Treasury published its debt issuance forecast for the balance of 2024, we said that the “anticipated numbers came close to our estimates for Q3, but well above our forecast for Q4” […]

24.10.28

“A US Green Light To Strike Iran Harder Might Be Given If Trump Wins”

“A US Green Light To Strike Iran Harder Might Be Given If Trump Wins” By Edwin de Groot of Rabobank The attack by Israeli war planes on Iran Saturday was more limited than expected by many. Yet, Israel hit precise Iranian military targets while showing its ability to attack its nuclear scheme or oil. Projecting […]

24.10.28

Trump: “Kamala Is Just A Vessel; We Are Running Against Something Far More Powerful”

Trump: “Kamala Is Just A Vessel; We Are Running Against Something Far More Powerful” Authored by Steve Watson via Modernity.news, During a historic rally Sunday at Madison Square Garden, president Trump urged that Kamala Harris is purely “a vessel” and in reality the MAGA movement is fighting against “something far more powerful.” Trump told the […]

24.10.28

Ayatollah Khamenei Creates Hebrew-Language X Account, Which Gets Suspended In A Day

Ayatollah Khamenei Creates Hebrew-Language X Account, Which Gets Suspended In A Day The office of Iranian Supreme Leader Ali Khamenei had launched a new Hebrew-language account on Saturday. But a mere day later, on Sunday, it had become inaccessible. Elon Musk’s X platform suspended the account for violating the rules of the site. Early Monday, a […]

24.10.28

The Revolution Continues: The Ranks Of Anti-Fed Republicans Grow

The Revolution Continues: The Ranks Of Anti-Fed Republicans Grow Authored by Tho Bishop via The Mises Institute, This year marks the 12-year anniversary of Ron Paul’s retirement from Congress, but his legacy continues to display itself on the political scene. On issues like foreign policy, war skepticism has grown, at least concerning American involvement in […]

24.10.28

Sloppy 5 Year Auction Tails Despite Record Foreign Demand

Sloppy 5 Year Auction Tails Despite Record Foreign Demand 90 minutes an ugly 2Y auction this morning, moments ago the Treasury sold its second coupon offering for the day, this one $70BN in 5Y paper in an auction that was even uglier. The high yield was 4.138%, up sharply from 3.519% in october and the […]

24.10.28

Trump’s 19th-Century Solution To Fiscal Disaster

Trump’s 19th-Century Solution To Fiscal Disaster Authored by David Stockman via The Brownstone Institute, In the last weeks of the campaign, Donald Trump is slicing and dicing the Federal income tax nearly as fast as he served up fries at the McDonald’s drive-thru window last weekend. So far, he has proposed to extend the lower […]

24.10.28

Huge Israeli Strikes Overwhelm Lebanon’s Tyre After Citizens Warned To Evacuate

Huge Israeli Strikes Overwhelm Lebanon’s Tyre After Citizens Warned To Evacuate While it is looking like war between Israel and Iran is on hold, after the somewhat theatrical tit-for-tat which finally ended in Israel’s ‘limited’ military response this weekend, things in Lebanon are still ramping up. On Monday the southern Lebanese coastal city of Tyre […]

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