Central Bank Digital Currency (CBDC) Projects Are Foundering In Five-Eye Nations. What Gives?
Central Bank Digital Currency (CBDC) Projects Are Foundering In Five-Eye Nations. What Gives? Authored by Nick Corbishley via NakedCapitalism.com, Canada and Australia shelve plans for retail CBDCs while the US could soon become the first country to explicitly ban the central bank from issuing a CBDC. As we warned in May 2022, a financial revolution is […]
It Is Beginning To Look Like A Debt Emergency
It Is Beginning To Look Like A Debt Emergency By Benjamin Picton, Senior Macro Strategist at Rabobank Meditations In An Emergency It’s now less than a week to go until the USA decides who is going to be their next President. The state of the political discourse recalls the ‘dramatic crossroads’ meme, where the respective […]
Pennsylvania News Station Apologizes For Showing Presidential Election ‘Results’
Pennsylvania News Station Apologizes For Showing Presidential Election ‘Results’ Authored by Paul Joseph Watson via Modernity.news, A news station in Pennsylvania was forced to apologize for flashing up the US presidential election results in the state as part of a “test” that wasn’t supposed to be seen by viewers. WNEP, an ABC affiliate, flashed up […]
UK Gilt Yields Soar After Reeves Reveals Budget: Market Braces For Inflationary Debt Surge
UK Gilt Yields Soar After Reeves Reveals Budget: Market Braces For Inflationary Debt Surge Ahead of today’s UK budget announcement, much of its content had already been leaked including the biggest novelty item: redefining the concept of debt, to allow the UK – which already exceeds the 90% debt-to-GDP threshold that Reinhart and Rogoff estimated […]
Harris Campaign Slashes North Carolina Ads As Dems’ Plunging Turnout Portends Loss
Harris Campaign Slashes North Carolina Ads As Dems’ Plunging Turnout Portends Loss North Carolina may no longer be a swing state: With under a week to go until Election Day, the Kamala Harris campaign just slashed its planned advertising in the state. Some see the move as a surrender in the face of surging Republican turnout […]
The Curious Case Of Ariane Tabatabai
The Curious Case Of Ariane Tabatabai Authored by Jay Solomon via The FP.com, A senior Pentagon official faced scrutiny when her past ties to Iran came to light. Is that why she’s been transferred? In the weeks leading up to Israel’s retaliatory strikes on Iran this Saturday, someone from inside the U.S. government leaked a cluster of highly […]
Nevada Supreme Court Upholds Law On Mail-In Ballots
Nevada Supreme Court Upholds Law On Mail-In Ballots Authored by Zachary Stieber via The Epoch Times (emphasis ours), Ballots that arrive by mail can be counted up to three days after Election Day, the Nevada Supreme Court ruled on Oct. 28. The state’s top court turned away a challenge to a state law that says […]
80,000 Evacuate Ancient Lebanese City Of Baalbek As Israel Unleashes Huge Airstrikes
80,000 Evacuate Ancient Lebanese City Of Baalbek As Israel Unleashes Huge Airstrikes Huge Israeli airstrikes rocked Lebanon’s eastern city of Baalbek on Wednesday, nearly 70km northeast of Beirut, after Israel warned some 80,000 residents to evacuate. It was the first such call to evacuate on such a large scale from Israel’s military (IDF) in this […]
Can Paul Tudor Jones And Stanley Druckenmiller Be Wrong?
Can Paul Tudor Jones And Stanley Druckenmiller Be Wrong? Authored by Michael Lebowitz via RealInvestmentAdvice.com, Can famed investors Paul Tudor Jones and Stan Druckenmiller, who recently proclaimed they are short bonds, thus betting on higher yields, be wrong? Instead of mindlessly assuming such legendary investors are correct, let’s do some homework. First, though, let’s remind […]
Tech Giants Drive Unconventional Bull Market as Economy Defies Expectations
The current bull market is defying traditional patterns, with mega-cap stocks leading instead of small-caps. Despite the Federal Reserve’s aggressive rate hikes, many U.S. corporations have seen their interest payment burdens decrease. Economic data suggests continuous expansion since the pandemic, with the Nasdaq Composite reaching new record highs. Experts describe this as an unusual market […]