Everyone In The Democratic Party Has Money – Except The Democratic Party Authored by Chase Smith via The Epoch Times (emphasis ours), On April 30, Maine’s Democratic Gov. Janet Mills dropped out of the race for a U.S. Senate seat. In a statement about suspending her campaign, Mills was blunt: “While I have the drive and passion, commitment and experience, and above all else—the fight—to continue on, I very simply do not […]

“Send Us A Tip”: U.S. Dangles $15 Million Reward For New Intel On Iran’s Drone Network There is little doubt that Iran’s Shahed drone threat has become a major concern, menacing surrounding Gulf states, commercial tanker traffic in the Strait of Hormuz, and U.S. bases across the region. This backdrop helps explain why the State Department’s Rewards for Justice program has now put up to $15 million for new information in connection […]

Re-Arranging The Global Game-Board ‘Bigly’… Authored by James Howard Kunstler, Resource Scramble “Trump has done so much damage to libtardery that the Democrats will need a decade of uninterrupted power to undo it, which they’re not going to get.” – Matt Forney on X If you learned anything from this week’s extravaganza in Beijing, it is that Donald Trump is aggressively re-aligning world relations so that the USA does […]

DHS Pushes Forward With Large-Scale Warehouse Immigration Detention Hubs Via American Greatness, The Department of Homeland Security (DHS) is continuing efforts to transform warehouses into large-scale immigration detention centers despite a growing number of politically motivated lawsuits. Officials with US Immigration and Customs Enforcement (ICE) recently discussed plans to award contracts for construction and operations at […]

SpaceX Reportedly Chooses Nasdaq And “SPCX” Ticker For Mega IPO Elon Musk’s rocket company, SpaceX, has reportedly selected Nasdaq for its long-awaited IPO and is targeting a June 11 pricing, followed by a June 12 debut under the ticker “SPCX,” according to a Reuters report released late in Friday’s U.S. cash session. Immediately after the report, odds for “SPCX” on the Polymarket bet, “What will SpaceX’s public ticker be?” soared […]

Uranium Gap Worsens: Nuclear News Roundup Goldman analyst Brian Lee reviews headlines across the nuclear industry for March (full note here).   New reactor progress and announcements North America 4/16/2026 – Canada: Bruce Power has signed an MoU with SaskPower to share its experience in large-scale nuclear reactors, including project development and long-term operations, as Saskatchewan evaluates large reactor technologies […]

UCLA Medical School Accused Of Racial Discrimination In Defiance Of Supreme Court Authored by Jonathan Turley, We previously discussed a disturbing account of how medical students at the David Geffen School of Medicine at the University of California, Los Angeles (UCLA) were subjected to a bizarre class where one of the university’s “activists-in-residence” showered them with anti-Semitic postings and racist rhetoric. Now, […]

Watch: Trump Spars With ‘Treasonous’ NYT Reporter On Iran War Coverage Friday saw a wild exchange play out between President Trump and a member of the media aboard Air Force One as it made its way back from China. The New York Times’ David Sanger pointed out that Trump’s Operation Epic Fury did not result in political transition in Iran, but that the same Islamic Republic theocratic government is in charge. Sanger in essence […]

BWXT Holds A Realistic Path To Expanding Nuclear Capacity Ananym Capital is urging BWXT to commercialize its reactor production capabilities. The investor is looking for BWXT to bring back one of their old small modular reactor (SMR) design, mPower, that was abandoned in 2017.  BWXT already produces one to three reactors each year for U.S. aircraft carriers and submarines. That steady cadence gives it unmatched experience […]

Home Prices Register Biggest Annual Increase In More Than A Year: Report Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The median home sales price in the United States jumped 2.4 percent in April from a year ago, the largest increase since March 2025, real estate brokerage Redfin said in a May 12 statement. A home for sale in Austin, Texas, on April 24, 2025. Brandon Bell/Getty Images The company attributed […]

Collum: Was Fed Chair Warsh Chosen For A Controlled Demolition? Supposed monetary hawk Kevin Warsh, who was officially sworn in as the 17th Fed Chair earlier this week, will now face the dilemma of staying true to his hawkish roots or caving to his unabashed high-rate hating President. That is, of course, unless there’s a deeper plan at play… Last night, Cornell professor Dave Collum hosted Michael Lebowitz and Stephanie Pomboy […]

With 4,900 AI Data Centers, There’s Likely One Coming To Your Neighborhood Authored by Mary Prenon via The Epoch Times (emphasis ours), As artificial intelligence continues to permeate everyday life, the data centers needed to support the burgeoning technology are popping up across America – many close to residential areas. More than one-third of Americans now live within a few miles of at least one data center. That proximity […]

US Gasoline Inventories Plunging On Surging Exports, Resilient Demand Prompt Brent/WTI crude nearby futures increased by 5/7% week-over-week to $105/101 as flows through the Strait of Hormuz remained very low and on limited signs of progress on a US-Iran deal. Meanwhile, as global oil inventories collapse at a record pace yet sliding Chinese demand and strategic releases from Beijing keep crude prices relatively stable, Goldman […]

The Fed Is Losing Its Biggest Dove Via RealInvestmentAdvice.com, Jerome Powell’s term as Fed Chairman expires today, with Kevin Warsh now confirmed by the Senate as his successor. The transition has implications beyond a change in the Fed’s leadership. Further, Stephen Miran, who was appointed Fed Governor in September 2025 to fill the vacancy left by Adriana Kugler, is seeing his term come to an end. Most noteworthy […]

Deadlocked At Square Zero: Very First Line Of Iran’s Latest Proposal ‘Unacceptable,’ Trump Says Tehran and Washington are truly not just back to square one, but it’s as if no rounds of dialogue – direct or indirect – have even taken place. It’s more like being back at square zero – and the US President has just acknowledged it. President Trump told reporters aboard Air Force One Friday while departing Beijing that even the very […]

CIA Head Ratcliffe Spotted In Cuba As Trump Refocuses Crosshairs On Havana Communists We noted on Thursday that, once President Trump’s summit with Chinese President Xi Jinping concluded, the Trump team’s next focus would likely shift back toward Cuba. That pivot now appears underway. Aboard Air Force One early Friday, while returning stateside, Trump told reporters that “Cuba needs our help,” signaling the Caribbean island nation […]

Musical Chairs By Molly Schwartz, cross-asset macro strategist at Rabobank Yesterday, Trump spoke with Xi in Beijing. While markets kept a watchful eye on any headlines about the war in Iran, palates were left dry as only tepid announcements dripped out, such as that China “offered help” on Iran and “pledged not to send weapons.” What they did not manage to evade was a conversation about Taiwan. During the two and a half […]

Great Global Energy Rewiring Accelerates: UAE To Double Crude Export Capacity Bypassing Hormuz Chaos Days after the U.S. bombing campaign against Iran began, we pointed out on March 3 that the conflict was likely to accelerate a major Gulf infrastructure push to bypass the Strait of Hormuz. Saudi Arabia’s East-West pipeline to the Red Sea stood out as the clearest signal that regional producers needed a credible Plan B for moving […]

Trump Talk, Taiwan, & ‘Thucydides Trap’ Threat Triggers Market Mayhem Overnight Traders are waking this morning in the US to some relative market mayhem and questioning what came first – the oil spike or the geopolitical angst – to trigger these moves as it appears the market finally remembered there’s more going on in the world than trading ‘short compute’ demand to the moon… Oil prices are up significantly (WTI […]

US And China Agree To Establish Trade And Investment Boards As Trump-Xi Summit Delivers Modest Wins U.S. and Chinese leaders agreed to establish a new “Board of Trade” and a parallel “Board of Investment” during President Donald Trump’s two-day visit to Beijing – a summit that ended much as it began: with significant pageantry, warm personal rapport between the leaders, and modest, incremental progress on trade. The new boards aim […]

The Stagflation Narrative: What Doomers Get Wrong Authored by Lance Roberts via RealInvestmentAdvice.com, The stagflation narrative dominating financial social media isn’t completely wrong. That’s what makes it so dangerous. After more than 30 years of managing client portfolios through actual inflationary cycles, not watching them on YouTube, I’ve learned that the most damaging investment advice isn’t built on outright […]

Iran Says It Has “No Trust” In US, Insists There Is “No Military Solution” Iranian Foreign Minister Abbas Araghchi said on Friday that Tehran has “no trust” in the United States and remains interested in negotiations only if Washington demonstrates seriousness, as talks aimed at ending the war remain stalled. Speaking to Indian media during the second day of the BRICS foreign ministers meeting in New Delhi, Araghchi said military […]

Democrats In Illinois Just Lost Hundreds Of Violent Criminals Authored by Steve Watson via Modernity.news, In yet another glaring example of failed “criminal justice reform” in blue cities, Cook County, Illinois officials have admitted that 243 dangerous criminals have gone completely AWOL from the county’s pretrial electronic monitoring program. These include individuals charged with murder, attempted murder, and sexual […]

US Industrial Production Surged In April Despite record low consumer sentiment (if you believe UMich), this morning saw the Empire Fed survey show New York state factory activity expanded in May at the fastest pace in four years, and firms grew more optimistic about the outlook. That was followed by a much hotter than expected Industrial Production print (up 0.7% MoM vs +0.3% MoM exp and higher than the highest estimate) for […]

My President Went To Beijing And All I Got Was This Crummy T-Shirt Authored by Peter Tchir via Academy Securities, Stocks rallied after Jensen hopped on AF1 in Alaska. They rallied several times yesterday on Iran/China headlines, on Boeing selling planes headlines, and other soundbites from the much heralded Xi and Trump Summit. As discussed in Wednesday’s report China and Trade, we did not have high expectations regarding this […]