Chinese Drone Maker DJI Sues Pentagon Over Military Designation
Chinese Drone Maker DJI Sues Pentagon Over Military Designation Authored by Lily Zhou via The Epoch Times, Chinese drone giant DJI sued the U.S. Department of Defense (DOD) on Oct. 18 for including the company in the department’s list of Chinese military companies. DJI, which makes up more than half of the U.S. commercial drone […]
Economic Strength Rattles Bond Investors' Rate Cut Expectations
Bond traders are once again facing challenges as they reassess their expectations for Federal Reserve interest rate cuts. The bond market is experiencing a selloff due to strong economic data, inflation concerns, and potential political changes. This has led to rising yields across global bond markets and increased volatility. The situation highlights the ongoing struggle […]
Gold Prices Soar: A Wake-Up Call for Western Financial Policymakers
Gold’s remarkable ascent has captured global attention, with prices reaching unprecedented heights amid geopolitical tensions and economic uncertainties. The precious metal’s value has surged by nearly 40% over the past year, defying traditional correlations with interest rates, inflation, and dollar strength. This persistent upward trend reflects a growing interest in alternatives to the dollar-based financial […]
Musk Awards Third Million-Dollar Petition Prize Amid Claims Of Illegality
Musk Awards Third Million-Dollar Petition Prize Amid Claims Of Illegality The Elon Musk-funded America PAC on Monday dished out its third, daily, million-dollar prize to randomly-selected participants in the group’s petition drive, as allegations of the scheme’s illegality continued to erupt from triggered leftists. Via Musk’s social media platform, America PAC announced that Shannon Tomei, […]
Escobar: Date With Destiny – BRICS Offers Hope In A Time Of War
Escobar: Date With Destiny – BRICS Offers Hope In A Time Of War Authored by Pepe Escobar, This is it. A date with destiny. All set for the most crucial geopolitical/geoeconomic gathering of the year and arguably the decade: the BRICS Summit under the Russian presidency in Kazan, capital of Tatarstan, where Sunni Tatars coexist […]
Senior US Energy Official Urges Need To “Tighten Screws” As Russian LNG Flows Continue
Senior US Energy Official Urges Need To “Tighten Screws” As Russian LNG Flows Continue Following Russia’s invasion of Ukraine in early 2022, the US, Europe, and other G7 nations imposed the most extensive sanctions and trade restrictions on Moscow to paralyze, then collapse, President Vladimir Putin’s oil/gas industry that funds the war machine. However, over two years later, […]
Futures Slide As Global Yields Surge
Futures Slide As Global Yields Surge US futures are lower, extending yesterday’s losses, as treasuries extended their recent rout sending 10Y yields surging briefly above 4.22% before retracing some of the move as traders priced in the growing probability of a red sweep. The Treasury rout has gone global, pushing interest rates across the world […]
“In Crisis Mode”: EU Automakers Slide Into First Sales Slump In Two Years
“In Crisis Mode”: EU Automakers Slide Into First Sales Slump In Two Years The downturn in the European auto market is accelerating. Volkswagen, Mercedes, Aston Martin, and BMW have all cut their financial forecasts in response to the deteriorating conditions. A recently leaked memo from a senior Stellantis executive highlighted increasing concerns over the deepening […]
Two Weeks Before The Meltdown Begins
Two Weeks Before The Meltdown Begins Authored by Frank Miele via RealClearPolitics, I wouldn’t be much of a political pundit if I weren’t willing to share my prediction for what will happen in 15 days when one of the most important presidential elections in history is decided. So here goes: Donald Trump will win, and […]
17 Indicators Of Global Recession Are Clanging
17 Indicators Of Global Recession Are Clanging Authored by Charles Hugh Smith via OfTwoMinds blog, The smart money is selling, of course, for the clanging indicators are the dinner bell announcing the banquet of consequences has been served, and Nemesis doesn’t want the meal to get cold. Correspondent Wilson R. Logan kindly shared his list […]