WTI Extends Losses After Massive Product Inventory Builds, Large SPR Add Oil prices are sliding back again this morning, after surging yesterday to erase Tuesday’s losses, following a bigger than expected crude…
Author:
Claims Data Confirm Receding Recession Risk
Claims Data Confirm Receding Recession Risk Authored by Simon White, Bloomberg macro strategist, Claims data just released imply an economy with few signs of an imminent recession. The rise in yields is…
Only 13 EVs Now Eligible For $7,500 Tax Credit Due To New Biden Admin Rules
Only 13 EVs Now Eligible For $7,500 Tax Credit Due To New Biden Admin Rules Just as EV demand appeared to be nearing super-saturation, incentives for buying electric vehicles are starting to…
Israel won’t take orders from US – security minister
Washington had earlier rejected an Israeli proposal to resettle Palestinians outside of Gaza as “inflammatory” Israeli National Security Minister Itamar Ben-Gvir has rejected US criticism of proposals to resettle Palestinians in territories…
The Times They Are A-Changin’: How To Trade The Next Algo Shift
The Times They Are A-Changin’: How To Trade The Next Algo Shift By Peter Tchir of Academy Securities The Times They Are A-Changin’ – Impacting Market Signals & Correlations We, the market,…
‘Soft’ Services Survey Soars To 5-Month-Highs As ‘Hard’ Data Hits 2023 Lows
‘Soft’ Services Survey Soars To 5-Month-Highs As ‘Hard’ Data Hits 2023 Lows Following US Manufacturing PMI’s disappointing decline in December, US Services PMI was expected to rise in December and it did,…
Central Asian state calls Russia ‘key ally’
Moscow “plays a very important role in world politics,” the Kazakh PM says Kazakh President Kassym-Jomart Tokayev has characterized Russia as his country’s “main partner and ally,” adding that bilateral relations are…
Bomb threats trigger mass evacuations across US
A series of hoax email threats have forced some states to clear their administrative buildings A mass-emailed bomb threat received by officials in several US states on Wednesday prompted the evacuation of…
“The System Is Not Going To Let Trump Win” – Dems’ Real Puppet Isn’t Gavin, It’s Nikki: Tucker And Vivek
“The System Is Not Going To Let Trump Win” – Dems’ Real Puppet Isn’t Gavin, It’s Nikki: Tucker And Vivek With establishment favorite Nikki Haley overtaking long-time runner-up Ron DeSantis in the…
Red Sea unrest sends freight rates skyrocketing – media
Asia-to-Europe shipping prices have doubled as logistics giants are forced to reroute cargos around the southern tip of Africa Container freight rates are surging as attacks by Yemen-based Houthi rebels on cargo…
Why Are So Many Californians Dying?
Why Are So Many Californians Dying? Authored by Thomas Buckley via The Brownstone Institute, Covid has claimed about 105,000 lives in the state since 2020. In that same time period, 82,000 more…
Peter Schiff: 2024 Could Be Horrible For The Dollar
Peter Schiff: 2024 Could Be Horrible For The Dollar Authored by Joel Bauman via SchiffGold.com, Peter Schiff left a stark warning in his recent podcast: “2024 could be a horrible year for the dollar.” …
Initial Jobless Claims End 2023 At Year Lows
Initial Jobless Claims End 2023 At Year Lows The number of Americans filing for jobless benefits for the first time fell to just 202k last week (week-ending Dec 30th) from +220k the…
RFK Jr. Announces He Will Appear On Ballot In Utah
RFK Jr. Announces He Will Appear On Ballot In Utah Authored by Jeff Louderback via The Epoch Times (emphasis ours), Independent presidential candidate Robert F. Kennedy Jr. speaks at a campaign rally…
Manufacturing Jobs Decline In Latest ADP Report, Services Soar
Manufacturing Jobs Decline In Latest ADP Report, Services Soar After four straight months of disappointments, ADP Employment Report printed +164k jobs in December, better than the +125k expected, up from a revised…
Futures Halt Slide As Oil Extends Rally
Futures Halt Slide As Oil Extends Rally After the worst start start to the year in almost two decades – it was just the third time in history that the Nasdaq started…
Spot Container Rates Surge By 173% Due To Red Sea Disruptions
Spot Container Rates Surge By 173% Due To Red Sea Disruptions Drone and missile attacks by Yemen’s Iran-backed Houthi militants on commercial vessels in one of the world’s busiest shipping lanes have…
US, South Korea hold live-fire drills close to North’s border
Pyongyang has described the military exercises as “reckless war maneuvers” Troops from South Korea and the United States have held week-long combat exercises involving heavy weaponry and live-firing drills close to the…
Ukraine suffering severe frontline ammo shortages – Spanish media
Daily El Pais claims Kiev’s troops are having to make do with weapons that are often ill-tailored to battlefield realities Ukrainian troops are facing serious ammunition shortages, newspaper El Pais has reported….
India-Russia relationship a ‘no-brainer’ – foreign minister
Ties with Moscow serve New Delhi’s interests as much as relations with Washington do, the top diplomat says India’s close relationship with Russia is as important for New Delhi as ties with…
The 10 Most Positive Things That Might Happen In 2024
The 10 Most Positive Things That Might Happen In 2024 Authored by Mike Shedlock via MishTalk.com, A close friend told me that my articles are generally too gloomy. He asked me to…
Russia-India ties need a new backbone and they might have just found it
The character of the Indian community in Moscow and elsewhere in the country has changed from what it used to be in the Soviet times – and their most urgent task is…
Massive ‘Whales’ Dominated Crypto-Buying In December, ETH Demand Trumps BTC
Massive ‘Whales’ Dominated Crypto-Buying In December, ETH Demand Trumps BTC Bitcoin may have made upward of 100,000 U.S. dollar millionaires as it enters its sixteenth year. As CoinTelegraph’s William Suberg reports, data shows…
2024: Here’s What Happens (According To Jim Rickards)
2024: Here’s What Happens (According To Jim Rickards) Authored by James Rickards via DailyReckoning.com, In 2023, we saw the outbreak of a banking crisis (that isn’t over), a new Middle East war…
Apple downgrade may lead to tech wreck
Concerns surrounding the world’s most valuable company have sent shockwaves through the industry In the wake of Barclays downgrading Apple’s stock and trimming its price target, the tech giant experienced a 4%…
Grocery chain drops PepsiCo products over ‘unacceptable’ pricing – report
Carrefour said to be stopping sales of soft drinks and potato chips after a fresh price hike French supermarket Carrefour is telling shoppers that it will no longer sell PepsiCo products such…
Foreign aid to Ukraine reaches over $200 bn – Russian MOD
A total of 54 countries have been helping Ukraine amid the conflict, Moscow has claimed Russia’s Defense Ministry has published statistics detailing the aid supplied to Kiev from abroad during the conflict…
Eurozone recession likely – S&P
The Purchasing Managers’ Index has been in decline for seven consecutive months Business activity in Europe’s 20-nation single currency bloc continued to contract at the end of 2023, as a downturn in…
Trump appeals Colorado ballot ban
The ruling against the former US president by judges in the western state “defies common sense,” his legal team argues The Republican Party’s presidential frontrunner Donald Trump has asked the US Supreme…
US Crowned World’s Top LNG Exporter
US Crowned World’s Top LNG Exporter The United States has become the world’s largest exporter of liquefied natural gas, surpassing Qatar and Australia for the first time. This development is at odds…
Israel partially withdraws from Gaza as it ‘listens’ to US – Politico
Washington sees it as a sign that West Jerusalem is shifting from large-scale bombing to lower-intensity actions, the outlet said Israel’s withdrawal of troops from Gaza indicates that it is “listening” to…
The Day The Dollar Dies?
The Day The Dollar Dies? Authored by J.G.Collins via The Epoch Times, Since roughly the last year of World War II, the U.S. dollar has enjoyed what one-time French finance minister Valéry…
After A Hard Year, The World Is Hopeful For Better In 2024
After A Hard Year, The World Is Hopeful For Better In 2024 Despite ongoing conflicts, threats from AI and the imminent climate catastrophe, global optimism is seeing an uptick for 2024. As…
Oil extends gains on supply concerns
Crude prices had previously surged nearly 3% due to ongoing tensions in the Middle East and an outage in Libya Global prices for crude oil increased on Thursday, stretching gains scored during…
Germany issues update on long-range rockets for Ukraine
A government spokesperson clarifies that Berlin does not currently intend to provide Kiev with Taurus cruise missiles Germany still has no plans to provide long-range Taurus cruise missiles for Ukraine, government spokesperson…
Ukraine’s Leopard 2 Tanks Are Nearly All Destroyed Or Broken
Ukraine’s Leopard 2 Tanks Are Nearly All Destroyed Or Broken Authored by Denes Albert via ReMix News, Of the 18 German-made Leopard 2AG main battle tanks sent to Ukraine, only a few…
Here Are All Global Shipping’s Chokepoints
Here Are All Global Shipping’s Chokepoints With more and more shipping companies extending full or partial closures of Red Sea shipping routes due to attacks by Yemeni rebels, global trade could be…
Not clear what Ukraine is doing with US-supplied tanks – Forbes
Kiev’s forces will inevitably lose some of their Abrams M1s once they’re deployed on the battlefield, the outlet acknowledged It’s “not clear” what Ukraine is doing with US-made Abrams M1 main battle…
Homeless population surges in rural England – study
Every 15 people per 100,000 are estimated to be living rough across the country, researchers say The number of homeless in rural England has surged by 40% in five years amid…
G7 Versus ‘BRI-Plus’
G7 Versus ‘BRI-Plus’ Authored by Anders Corr via The Epoch Times, China’s international organizations are getting bigger and more roguish while claiming to champion a “fair” and “multilateral” international system. Autocracies and…
Ukraine has no ‘plan B’ for US aid – foreign minister
The White House has said it has no funds to offer Kiev following its latest aid package ahead of the new year Ukraine has no alternative to US aid in its conflict…
January 4th – 2024 Presidential Politics – Resistance Day 1080
In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post…
Thursday January 4th – Open Thread
Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And…
The Juggling Act: Is 2024 A Pivotal Year For The Globalists
The Juggling Act: Is 2024 A Pivotal Year For The Globalists Authored by Brandon Smith via Alt-Market.us, If you want to know if a society is on the verge of great and…
Kiev arrests bloggers for showing air defense failures
The SBU security service said four Kiev residents could face 12 years in prison for sharing “illegal” footage Four Ukrainian citizens have been arrested after posting videos of Russian airstrikes on the…
“Switched Off”: Streaming Service Cancellations Rise As ‘Streamflation’ Bites
“Switched Off”: Streaming Service Cancellations Rise As ‘Streamflation’ Bites How consumers feel about their favorite streaming services jacking up prices. The point behind ‘cord-cutting’ was to enjoy premium content and movies through…
943 Pages of Epstein Legal Documents Released
I don’t write much about the myriad of sick and twisted stories that surround Jeffrey Epstein, because everything in that rabbit hole is a matrix of perversion and manipulation by sick people,…
An Increasing Number Of Americans See Foreign Policy As A Top Issue
An Increasing Number Of Americans See Foreign Policy As A Top Issue Via The Libertarian Institute, According to a new poll, the number of voters who view foreign policy as a top issue has…
Tucker Carlson Outlines Nikki Haley as Favored UniParty Operative – Vivek Ramaswamy Agrees
The gist of the Tucker Carlson outlook is: You thought Democrats were going to dump Biden for Gavin Newsom, but they’re not. They’re backing Nikki Haley instead. In this discussion segment Tucker…
Average US Household Can Afford Only Cheapest 16% Of Listed Homes
Average US Household Can Afford Only Cheapest 16% Of Listed Homes Submitted by Sam Bourgi of CreditNews For the average American, 2023 was the worst year ever for housing affordability—and now there’s…
More Than 140 Drug Brands Will Have Their Prices Hiked Heading Into 2024
More Than 140 Drug Brands Will Have Their Prices Hiked Heading Into 2024 More than 140 brands of drugs are going to see their prices hiked heading into the new year. And…
Ukraine official teases military draft ‘lottery’
The US-style measure came up as Kiev has struggled to mobilize troops One of the members of the Ukrainian defense industry’s new governing board has floated the idea of using the American-style…
Elon Musk Begins Launching Satellite Cellphone Towers Into Space
Elon Musk Begins Launching Satellite Cellphone Towers Into Space Elon Musk’s SpaceX started the new year with a Falcon 9 rocket launch of the firm’s first-ever direct-to-cell satellites. The six @Starlink satellites…
Big Tell – Biden Heading Back to AME Network After Philadelphia Anti-MAGA Speech – Race-Based Electioneering Plan for 2024
For those who walk the deep weeds, this little story in Politico will make a lot of sense. POLITICO – President Joe Biden is headed to Charleston, South Carolina, next week to…
The FBI-Tainted Whitmer ‘Kidnap Plot’ You’ve Heard Next To Nothing About
The FBI-Tainted Whitmer ‘Kidnap Plot’ You’ve Heard Next To Nothing About Authored by Julie Kelly via RealClear Investigations, In a fiery exchange last month, CNN anchorwoman Abby Phillip told GOP presidential candidate…
CPI Reality Check: Chick-Fil-A Has Hiked Prices 21% In Just Two Years
CPI Reality Check: Chick-Fil-A Has Hiked Prices 21% In Just Two Years While we keep letting the government tell us that inflation is at 3%, back out in the real world price…
India Denies Sanctions Hold Back Imports Of Russian Crude Oil
India Denies Sanctions Hold Back Imports Of Russian Crude Oil By Tsvetana Paraskova of OilPrice.com India’s lower imports of Russian crude oil in recent weeks were the result of unattractive discounts, not…
US had no role in Iran terror attack – State Department
Washington has denied any involvement in the bombing and said there is no indication that Israel played a role The US State Department has insisted that Washington played no role in the…
US court unseals Epstein-linked names
The list includes names of the convicted sex trafficker’s associates, as well as witnesses and victims The names of nearly 200 people cited in a 2015 civil suit brought by Jeffrey Epstein…
Feds Want To Jail Ray Epps For Just 6 Months Over Role In Jan. 6 Riot
Feds Want To Jail Ray Epps For Just 6 Months Over Role In Jan. 6 Riot While several key figures in the Jan. 6 Capitol riot were sentenced to 12 – 22…
Entry-Level Jobs Pay Six Figures In This Gritty Part Of America
Entry-Level Jobs Pay Six Figures In This Gritty Part Of America Authored by John Haughey via The Epoch Times (emphasis ours), Josef McConnell, a tennis coach from Southern California, had been unemployed…
“You Asked A Stupid Question”: Vivek Destroys WaPo Reporter Who Demanded Woke Purity Test
“You Asked A Stupid Question”: Vivek Destroys WaPo Reporter Who Demanded Woke Purity Test Vivek Ramaswamy took no shit from a Washington Post reporter this week, whose demand for a ‘woke’ fealty…
Nevada District Court Judge Mary Holthus Violently Attacked While Ruling from Bench
District Court Judge Mary Kay Holthus was denying probation to a defendant in a battery case, when things in the courtroom became alarmingly violent. Just as Judge Holthus said she was denying…
Putin sends condolences to Iran after terrorist attack
Russia is committed to “uncompromising fight” against terrorism, the president has said Russian President Vladimir Putin sent a message of condolence to the Iranian leadership on Wednesday, condemning the killing of people…
The US can’t stop China’s rise, but it will cripple the EU while trying
Washington’s desperate attempts to curb Beijing’s high-tech development are hurting American allies more than the Chinese For years now, the US has been strongarming the Netherlands into accepting technology restrictions on the…
Trump, Endorsed By All House GOP Leaders, Urges SCOTUS To Overturn Colorado Ballot Ban As Deadline Looms
Trump, Endorsed By All House GOP Leaders, Urges SCOTUS To Overturn Colorado Ballot Ban As Deadline Looms Former President Trump on Wednesday asked the Supreme Court to overturn a Colorado court’s landmark…
Chicago Led Nation In Homicides For 12th Year In A Row, Murder-Rate Still 5x NYC’s
Chicago Led Nation In Homicides For 12th Year In A Row, Murder-Rate Still 5x NYC’s Authored by Ted Dabrowski and John Klingner via Wirepoints.org, Count on hearing repeatedly this year from Chicago’s…
Dodge-y? These Are The Five Slowest-Selling New Vehicles
Dodge-y? These Are The Five Slowest-Selling New Vehicles Zach Shefska from online automotive marketplace CarEdge revealed a list of the five slowest-selling vehicles currently on the market. Notably, four of these vehicles are from…
Washington sees no sign of genocide in Gaza
The US State Department has dismissed allegations over Israel’s deadly military campaign in the Palestinian enclave US President Joe Biden’s administration has rejected genocide allegations against Israel by multiple nations, including a…
Medvedev labels French diplomats ‘scum, bastards, freaks’
The ex-president responded to Paris describing the Belgorod carnage as Ukrainian “self-defense” The French Foreign Ministry has justified Russia’s historic dislike of France by declaring the Ukrainian massacre of civilians in Belgorod…
As the new international order takes hold, what can we expect from China and the rest of Asia in 2024?
The US has managed to fuel conflict in Europe, but states further east aren’t as willing to play Washington’s game The formation of a new international order is inevitably accompanied by a…
US Slams Hardline Israeli Ministers For Plan To Expel Palestinians From Gaza
US Slams Hardline Israeli Ministers For Plan To Expel Palestinians From Gaza The Biden administration continues to clash with Israel over Gaza war policy, especially the question of the “day after” Hamas…
White House blames Republicans for illegal immigration crisis
The current administration has claimed that the opposition party is standing in the way of securing the border US President Joe Biden’s administration has responded to the political fallout over a record…
Review Shows COVID-19 Vaccines “Significantly” More Deadly Than Flu Shots: Sen. Ron Johnson
Review Shows COVID-19 Vaccines “Significantly” More Deadly Than Flu Shots: Sen. Ron Johnson Authored by Samantha Flom via The Epoch Times, An analysis of Vaccine Adverse Event Reporting System (VAERS) data indicates…
Hezbollah ‘not afraid of war’ with Israel – leader
There will be no limits to the fighting if Lebanon is attacked, Hassan Nasrallah has said Hassan Nasrallah, the head of the Shia militia Hezbollah, said on Wednesday that his group did…
WTI Holds Day’s Gains After API Reports Big Crude Draw
WTI Holds Day’s Gains After API Reports Big Crude Draw Crude prices soared today, round-tripping yesterday’s losses, after traders apparently woke up to the tensions in the MidEast. Traders have largely looked…
Back to Philly – Joe Biden Scheduled to Deliver Another “Threat to Democracy” Speech in Philadelphia
When it comes to the people around Joe Biden and elections, Philadelphia is oddly the only venue they use with frequency. As NBC announces that Joe Biden will deliver another “threat to…
The 5 Strangest Features Of The Modern Left
The 5 Strangest Features Of The Modern Left Authored by Jeffrey Tucker via The Epoch Times, The political left that I came to know in college – that one that rallied around…
Global Bonds & Stocks Suffer Biggest Rout To Start A Year Since 1999
Global Bonds & Stocks Suffer Biggest Rout To Start A Year Since 1999 2024’s tumble in stocks and bonds was the biggest global rout to start the year since 1999 (and yesterday…
We Need A Return To An Emphasis On Meritocracy
We Need A Return To An Emphasis On Meritocracy Authored by Uldis Sporgis via AmericanThinker.com, Meritocracy is a system for society in which individuals advance based on their abilities, achievements, and talents….
Argentina wants UK to discuss giving Falklands back
Buenos Aires wants to keep a “mature relationship” with London and relaunch negotiations over long-disputed islands Argentina has called on the UK to resume talks on the British-controlled Falklands Islands, stating it…
Newsweek Lies About President Trump Not Being on Primary Ballot in Colorado and Maine
Given the nature of the propaganda we are likely to see in the 2024 election, perhaps this should not come as a surprise. However, in an article published today within Newsweek [SEE…
Türkiye calls out Western hypocrisy on Ukraine and Gaza
By supporting Israel, the West has “squandered” its reputation, FM Hakan Fidan says The West has lost any right to speak about principles and morality by taking one position on Ukraine and…
Equities Eye January Pause As Risk-On Mood Fades
Equities Eye January Pause As Risk-On Mood Fades By Michael Msika, BLoomberg Markets Live reporter and strateigst After partying frenziedly for two months before the New Year, stock markets might well need to take…
US teen becomes first human to ‘beat’ Tetris
Only AI computers had previously been capable of defeating the iconic 34-year-old video game 13-year-old Willis Gibson from Oklahoma is believed to have become the first human being to have beaten the…
EU nation’s government split on Ukraine aid
Slovakia’s president has argued that helping Kiev defend itself is the best way to stop “Moscow’s aggression” Slovak President Zuzana Caputova has responded to the latest Russian airstrikes against Ukraine by calling…
Houthis Claim Another Container Ship Attack As Middle East Turmoil Worsens
Houthis Claim Another Container Ship Attack As Middle East Turmoil Worsens Turmoil in the Middle East today has been marked by twin explosions near the burial site of the late Iranian commander Qasem Soleimani…
NYC Mayor Eric Adams Warns Immigrants Will Soon Be Sleeping On Streets
NYC Mayor Eric Adams Warns Immigrants Will Soon Be Sleeping On Streets Authored by Katabella Roberts via The Epoch Times, New York City Mayor Eric Adams has warned that illegal immigrants will…
Fed Minutes Push Back On Powell’s Dovish Pivot
Fed Minutes Push Back On Powell’s Dovish Pivot Today we get to see the cherry-picked highlights from The Fed’s ‘Great Pivoting’ in December. Will they admit what we all think happened? Of…
Los Angeles County Reinstates Mask Mandates For Hospitals
Los Angeles County Reinstates Mask Mandates For Hospitals Authored by Jack Phillips via The Epoch Times (emphasis ours), Los Angeles County over the weekend confirmed that has reinstated a mask-wearing mandate for…
Israel considers plan to resettle Palestinians in Africa – reports
Washington has rejected plans for the resettlement as “inflammatory and irresponsible” Officials from Israel are holding clandestine discussions with the Democratic Republic of Congo and other African nations over plans for the…
Naming Names: Infamous ‘Epstein List’ Set For Wednesday Release
Naming Names: Infamous ‘Epstein List’ Set For Wednesday Release Documents containing previously unknown names of Jeffrey Epstein associates are set for release on Wednesday, after a New York federal court ordered court…
Serbia reveals final election results
The ruling Progressives now have an absolute majority in parliament The central election commission of Serbia announced the final and official results of the December 2023 parliamentary election on Wednesday, after a…
This Week’s Data Will Give Early Read On 2024 Recession
This Week’s Data Will Give Early Read On 2024 Recession Authored by Simon White, Bloomberg macro strategist, This week sees an important piece of soft data – the manufacturing ISM, released today…
Preview Of The Fed’s “Pivot” Minutes: How Much Pushback?
Preview Of The Fed’s “Pivot” Minutes: How Much Pushback? Today’s minutes from the Fed’s memorable December “Dovish Pivot” FOMC will be eyed to view the Fed’s true appetite on rate cuts in…
NATO to help members buy Patriot missiles
The Western military bloc has agreed to bolster air defenses amid escalating Russian attacks in Ukraine NATO has announced plans to help Germany and several other member nations purchase as many as…
Exiled opposition leader names Zelensky’s ‘fatal’ mistakes
Viktor Medvedchuk claims the Ukrainian president has relied on amateurs, overestimated Western aid, and exploited Nazi ideology President Vladimir Zelensky has made three “fatal” mistakes that will likely cause his downfall, exiled…
‘They are the best’: How Russian animators are conquering the Global South
India’s animation industry, still at a nascent stage, is getting an alternative to expensive Western expertise from its good old friend, Russia Indian film director Gangadhar Salimath stood in awe after watching…
Women’s Rights Groups Protest UN Appointment Of Transgender Activist As “Women’s Champion”
Women’s Rights Groups Protest UN Appointment Of Transgender Activist As “Women’s Champion” Authored by Steve Watson via Modernity.news, The United Nations has appointed a transgender activist as a “women’s champion,” prompting women’s…
The World Has “Fundamentally Changed” – Jeff Gundlach Warns Tucker Carlson of “Large, Multi-Generational Reset”
The World Has “Fundamentally Changed” – Jeff Gundlach Warns Tucker Carlson of “Large, Multi-Generational Reset” While DoubleLine founder Jeffrey Gundlach does not believe politics was the “primary factor” behind Fed Chair Powell’s…