Schiff: Strong Dollar Or Exports? Pick One… Via SchiffGold.com, Last week, Peter joined Glenn Diesen for an interview on the post-trade deal economy. Peter takes on the myths surrounding Trump’s trade war with China, the real impact of tariffs on Americans, and where he sees the dollar heading as the world’s reserve currency. He explains why the perceived victories of protectionist trade policy are little more than […]

SBA Overhauling Biden-Era Loan Program Following High Default Rates Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Small Business Administration (SBA) is overhauling a Biden-era lending initiative, citing its “alarmingly high rates” of loan default, the agency said in a May 19 statement. Signage thanking customers for shopping at a small business. Tim Mossholder/Unsplash.com The Community Advantage […]

China Demands US Scrap Golden Dome Missile Defense System As It Will ‘Turn Space Into A Battlefield’ China has reacted fiercely to President Trump’s newly unveiled plans to develop a cutting edge massive missile defense system to cover the entire territory of the United States, dubbed the “Golden Dome” – and which would utilize space. The plan is for space-based interceptors to be able to shoot down the most advanced missiles in […]

FDA No Longer Recommends COVID Vaccine For Healthy Babies Via Headline USA, The U.S. government no longer recommends the COVID-19 vaccine for healthy babies thanks to new guidelines from the Trump administration, which said Tuesday it will limit approval for seasonal COVID-19 shots to seniors and others at high risk pending more data on everyone else. Top officials for the Food and Drug Administration laid out new standards […]

Waste Of The Day: Still No CA Rail Line Authored by Jeremy Portnoy via The Epoch Times (emphasis ours), Topline: California’s high-speed rail line has more than tripled in price from $40 billion to $128 billion, causing President Donald Trump to rescind $4 billion in federal funding and claim the project has “the worst overruns that there have ever been in the history of our country,” The Washington Free Beacon quoted him as […]

Yields Soar, Stocks Plunge After Ugly 20Y Auction Sees Biggest Tail Of 2025 While it wasn’t quite as catastrophic as Japan’s 20Y auction earlier this week which saw the biggest tail since 1987, moments ago the US also sold 20Y paper in what was one of the worst auctions for this tenor since its launch 5 years ago. Indeed, exactly 5 years since the first 20Year auction took place in May 2020, moments ago the US Treasury sold $16 […]

Watch: Trump Stuns South Africa’s Ramaphosa, Plays ‘Kill The Boer’ Clip In The Oval Office, Destroys NBC Reporter Update (1300ET): Well, for those who were anticipating a Vance-Zelensky shitshow redux at today’s meeting between US President Trump and South African President Ramaphosa… they were not disappointed. As the topic of white genocide cam up, Ramaphosa was quick to dispel the ‘conspiracy’; but Trump very quickly told his […]

Mercenary Firm Set To Oversee Gaza Aid For Israel Goes On LinkedIn Hiring Spree Via Middle East Eye The US private military contracting firm set to oversee Gaza aid distribution on Israel’s behalf is actively hiring for positions on LinkedIn, according to job postings shared with Middle East Eye by current and former US officials. The firm, Safe Reach Solutions, or SRS, says it is actively looking for “Humanitarian Liaison […]

UnitedHealth Shares Drop After Report Alleges Secret Bonus Payments To Nursing Homes For Cutting Hospital Transfers UnitedHealth Group shares dropped as much as 7.5% in premarket trading Wednesday in New York, following a Guardian investigation that revealed the health insurer shelled out “Premium Dividend” and “Shared Savings” bonuses to nursing homes that reduced hospital transfers for sick residents.  The Guardian’s […]

US Senate Votes To Move Ahead With GENIUS Act; ‘Legitimizing’ Stablecoins For Global Institutional Adoption The GENIUS Act moved through a procedural vote on Monday (66-32), and has just passed its latest hurdle (69-31) allowing Senate Republican leaders to bring the legislation to the floor for debate and a final vote, as soon as this week A challenging amendment pricess awaits as the Senate bill, if passed, would need to be […]

Russian Strike On Ukrainian Training Ground Results In Mass Casualties Despite ongoing US-backed efforts to get Russians and Ukrainians to the negotiating table again, days after last week’s Istanbul talks, both warring sides have on Wednesday ramped up tit-for-tat assaults on each other’s territory. Ukrainian drones have once again threatened the Moscow region, leading to the capital’s four airports temporarily suspending nearly […]

Bernie Sanders Says ‘Quiet Part Out Loud’ In Brutal Backstab Of Democratic Party Via VigilantFox.com, Bernie Sanders just said the quiet part out loud – and Andrew Schulz got it all on tape… In one of his most brutally honest interviews ever, Sanders admitted Democrats ARE a threat to democracy. He even pulled back the curtain on being robbed in 2016 and revealed his thoughts on a 2028 run. By the halfway mark of […]

Bitcoin Surges To New Record High, ‘Trumping’ Gold Since Election Bitcoin just surge to a new record high, $109,500, extending its recent post-pause recovery and up over 60% since President Trump was elected… BTC ETF inflows continue to build… …and we suspect there is more to come, if the recent surge in global liquidity is anything to go by… The aggregate open interest in Bitcoin futures surged to a record high on […]

WTI Erases Israel-Iran Spike As Crude & Gasoline Stocks See Unexpected Build Oil prices are modestly higher ahead of this morning’s official energy inventory and supply data, but have come dramatically back off the overnight spike highs driven by CNN headlines suggesting Israel is ready to strike Iranian nuclear enriuchment sites. “Either the impact on the oil market in case of an attack is assumed to be low, or the […]

Is Japan About To Hike Rates AND Restart Yield Curve Control? By Elwin de Groot and Michael Every of Rabobank Iran’s Khamenei said nuclear talks with US are unlikely to “lead to any outcome”… as US intel says Israel is preparing for a strike on Iran, seeing oil prices move higher. The Israeli press also says Iranian efforts to recruit Israeli agents have skyrocketed, Tehran trying to arrange high-profile assassinations […]

Republicans Race to Finalize ‘Big Beautiful Bill’ As Johnson Seeks Memorial Day Deadline After weeks of turmoil and negotiations, House Republicans are inching closer to passing their sweeping domestic-policy package, anchored by a multi-trillion-dollar suite of tax cuts, as Speaker Mike Johnson races to finalize the legislation ahead of the Memorial Day recess. ouse Speaker Mike Johnson, R-La., at the US Capitol on May 6. Graeme […]

Congress To Seize Control Of AI: States Stripped Of Regulatory Power Via JonFleetwood.substack.com, Buried deep in Congress’s 1,116-page “One Big Beautiful Bill Act” is a provision so sweeping, so dystopian, and so underreported that it’s hard to believe it was passed at all. Section 43201 of the bill, blandly titled the “Artificial Intelligence and Information Technology Modernization Initiative,” doesn’t just […]

GLAAD Claims Free Speech Surge On Social Media Undermines LGBT Safety One of the most detrimental self-sabotage efforts of the woke movement was their rabid push to control public speech online.  In the case of gay and trans issues, any criticism no matter how factual or logical was met with Orwellian oversight.  For most major social media apps, simply engaging in debate with LGBT activists could mean your account would be […]

Trump Says He Had To Run Again After “Rigged Election” To “Shove It Up Their Ass” Authored by Steve Watson via Modernity.news, President Trump said Monday that he was relentlessly determined to regain the Presidency after the “rigged” 2020 election. Trump made the remarks during a Kennedy Center Board dinner in the White House’s State Dining Room Monday. “They rigged the election,” the president said, adding “And […]

Target Reports Soft Earnings, Slashes Outlook As Consumer Spending Weakens Mega retailer Target slashed its annual sales forecast after reporting weaker-than-expected quarterly results, citing trade tariffs, boycotts, and slumping consumer confidence. A broader turnaround plan to re-establish the retailer as a leading discount department store appears to be faltering, with Goldman’s top consumer analyst taking a bearish stance on […]

Futures Slide As 30Y Yield Rises Above 5%, Oil Jumps On Iran War Fears US equity futures and global markets are weaker with both tech and small caps underperforming as yields rise (10Y TSY  at 4.53% last) and the curve bear steepens. As of 8:00am ET, S&P futures are down 0.5% with sentiment hit by a CNN report that Israel may be preparing to strike Iranian nuclear facilities. That sent oil higher, while haven assets […]

Elon Musk Confirms June Launch For Robotaxis In Austin Tesla stock is up about 2% mid-day after a mid-day interview between David Faber and Elon Musk. The Tesla CEO told CNBC that Tesla will launch robotaxis in Austin by the end of June, starting with about 10 vehicles and expanding if all goes smoothly. “It’s prudent for us to start with a small number, confirm that things are going well and then scale it up,” Musk said. […]

Great News DIYers: Home Depot CFO Reveals No Tariff Price Hikes  Great news for DIYers and contractors alike: Home Depot CFO Richard McPhail told CNBC this morning that the retailer has no plans to raise prices despite tariffs. This puts Home Depot at odds with Walmart, which is set to hike prices later this month. While Home Depot reaffirmed its full-year sales outlook, it delivered mixed results for the first quarter. “Because […]

Nvidia CEO Calls Biden-Era AI Curbs A “Failure” With China  Nvidia CEO Jensen Huang called U.S. export controls on artificial intelligence chips to China under the Biden administration’s AI diffusion rule a “failure” that risks ceding the $50 billion Chinese AI chip market to rivals like Chinese tech giant Huawei.  Huang delivered a keynote speech at Computex in Taipei, Taiwan, earlier today in which he said, “All in all, […]

“We Have Imported Knife Violence” – Wave Of Attacks Shakes Germany Once Again Via Remix News, Another wave of knife attacks has hit Germany, showing that not much has changed despite the many lost lives and Germans maimed in knife attacks. In fact, the statistics show that these crimes are even getting worse, with 79 knife attacks per day now recorded. A German criminal lawyer warns that Germany has “imported knife […]