Economy & Finance

US Retail Sales Jumped Most In 8 Months In February Bank of America’s omniscient analysts forecast a very strong month for Retail Sales in February data (released today)… The actual print was +0.6% MoM (better than the 0.5% consensus, but less than BofA’s forecast) comes after a revised higher 0.1% MoM decline in January (and […]

Futures, Bonds Surge On Optimism War May End, Oil Tumbles Below $100 Futures and bonds jump and oil fell, sending Brent briefly below $100 a barrel, as the de-escalation/technical/macro led relief rally continues on hopes of the Middle East conflict reaching an end soon  after Donald Trump said he expects the war in Iran to

Suspension Lifted On Helicopter Crews For Viral Fly-By At Kid Rock’s Home Authored by Troy Myers via The Epoch Times, Two AH-64 Apache helicopter crews were suspended, then quickly unsuspended Tuesday after they hovered next to Kid Rock’s “Southern White House” home in Nashville on Saturday. The long-time country rock musician posted a video of

ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages Hiring and pay gains both held steady in March. The ADP National Employment report printed a better than expected +62k jobs added in March (+40k exp) and modestly down from an upwardly revised 66k in February. That is the ninth straight month of job

UAE Poised To Join Anti-Iran Operations, As Trump Rips NATO ‘Paper Tiger’ – Says Exit ‘Beyond Reconsideration’ Summary UAE mulls becoming first Gulf country to directly joint US-Israeli war against Iran, lobbies for firm UNSC security resolution. Trump open to exiting ‘paper tiger’ NATO after Iran war is over, angry over lack of help in Hormuz

LVMH Posts Biggest Quarterly Drop Since Dot-Com; UBS Sees Luxury Opportunity LVMH, the owner of Louis Vuitton, Christian Dior, Fendi, Bvlgari, Moët & Chandon, and dozens of other luxury brands, just posted its worst quarter since the dot-com bust era, making it the worst-performing European luxury stock this year as demand for luxury handbags, shoes,

The “Good News” Is Always The Same: The Stock Market Is Up… Until It Isn’t Authored by Charles Hugh Smith via OfTwoMinds blog, Cloaking a fake “market” with artifice to maintain its asymmetrical distribution of wealth and income also cloaks its detachment from the real world. I often refer to the dynamics of self-correction and

China’s Sci-Fi Boom Drives Record Revenue Growth Public interest in science fiction is rapidly rising in China, alongside the country’s push toward technological advancement. A new report says revenues hit a record in 2025 while related online searches surged by over 200%, according to the South China Morning Post. According to data released at the

US Senators Unveil ‘Mined In America Act’ To Reshore BTC Mining, Codify Bitcoin Strategic Reserve Authored by Micah Zimmerman via BitcoinMagazine.com, Republican Senators Bill Cassidy and Cynthia Lummis introduced legislation Monday aimed at reshaping the U.S. digital asset mining sector, tightening supply chains, and embedding bitcoin into federal reserve strategy. The proposal, titled the “Mined in America

Political Polarization Particularly Strong In The US The share of people who consider themselves on the far left or far right of the political spectrum is particularly high in the United States, according to a survey by Statista Consumer Insights. As Statista’s Tristan Gaudiat details below, among U.S. respondents surveyed between January and December 2025, 12 percent placed