Louisiana Governor Signs Bill Authorizing Surgical Castration For Child Sex Offenders
Louisiana Governor Signs Bill Authorizing Surgical Castration For Child Sex Offenders Authored by Aldgra Fredly via The Epoch Times (emphasis ours), Louisiana Gov. Jeff Landry has signed into law a bill that would allow state judges to sentence those convicted of sex crimes against victims under the age of 13 to undergo surgical castration. Louisiana […]
Video Allegedly Shows Houthi Kamikaze-Drone Boat Targeting Another Bulk-Carrier
Video Allegedly Shows Houthi Kamikaze-Drone Boat Targeting Another Bulk-Carrier The increasing number of Red Sea and Gulf of Aden attacks on commercial vessels by Yemen’s Houthi rebels is a wake-up call to not just the global maritime industry but to commodity traders and macro observers due to the ongoing risks of supply shocks as one of the […]
Supreme Court Ruling Called ‘Life-Saving’ By Gun Control Advocates, Troubling For Gun Rights Groups
Supreme Court Ruling Called ‘Life-Saving’ By Gun Control Advocates, Troubling For Gun Rights Groups Authored by Michael Clements via The Epoch Times (emphasis ours), The U.S. Supreme Court’s 8-to-1 ruling on June 21 upholding a federal law barring people under domestic restraining orders from owning guns has been hailed by gun control advocates, while gun […]
A Minnesota Dam Is In “Imminent Failure Condition”
A Minnesota Dam Is In “Imminent Failure Condition” A century-old concrete gravity dam on the Blue Earth River in Rapidan Township, near Rapidan, Minnesota, is in “imminent failure condition.” This has sparked concern about America’s aging infrastructure. “We do not know if it will totally fail or if it will remain in place, however we determined it […]
Here It Comes…
Here It Comes… Authored by James Howard Kunstler via Kunstler.com, “Leftism might actually be noble if their concern for the marginalized wasn’t simply an incidental externality to their seething hatred of the normal and the good.” – David Pivtorak on “X” Did you entertain feelings of doom during last week’s brain-withering heat-wave? The sheer anxious […]
Final Week of Q2 to Feature Fed's Preferred Inflation Measure
In the final trading week of the month, quarter, and first half of 2024, investors will focus on key inflation data and select corporate earnings. The Personal Consumption Expenditures (PCE) price index, the Fed’s preferred inflation measure, is expected to show a 0.1% rise in core prices for May, marking the slowest monthly increase since […]
“Sell Big-Tech & Bitcoin, Buy Everything Else…”
“Sell Big-Tech & Bitcoin, Buy Everything Else…” Goldman’s trading desk summed up the market theme perfectly today: “sell tech and buy everything else”… Energy and Regional Banks notably outperforming, while big-tech was trounced… Source: Bloomberg Since Juneteenth, we have seen AI-stocks monkey-hammered relative to Ai-at-Risk names… Source: Bloomberg With NVDA down over 16% from its […]
There’s No Good Reason To Raise The Inflation Target
There’s No Good Reason To Raise The Inflation Target Authored by Alexander William Salter via The American Institute for Economic Research, The Federal Reserve has a 2-percent inflation target. Central bankers are supposed to conduct monetary policy such that the long-run trajectory of the price level follows a 2-percent growth path. Most policy-focused macroeconomists think this is a […]
Study Finds Trump's Debt Contribution Twice That of Biden
A new analysis reveals that former President Trump increased the national debt by roughly twice as much as President Biden. This fiscal outlook poses challenges for the upcoming election winner, who will inherit high debt levels amidst rising interest rates and demographic pressures on retirement programs. Both presidents contributed significantly to the debt, but Trump’s […]
Netanyahu Ready To Wind Down Gaza Operations To Battle Hezbollah In North
Netanyahu Ready To Wind Down Gaza Operations To Battle Hezbollah In North Several Western officials have warned that the Middle East is on the brink of a wider war between Israel and Lebanese Hezbollah, which includes a fresh statement by EU foreign policy chief Josep Borrell warning “We are on the eve of the war expanding.” […]