Everybody agrees that the rich have been getting even richer in recent years. But what about all the rest of us? Unfortunately, it turns out that flooding the system with money was really good for the wealthy, but it has made things much worse for almost everyone else. Poverty is rapidly growing all around us…
My readers know that for the last year or two, I’ve harped on the idea that the market is being artificially bid up by passive flows—namely, forced buying as a result of retirement plans, ETFs, and the like. The recurring forced buying from this passive bid knows no boundaries when it comes to valuation or…
I’ve been setting up my cottage in Canada and relaxing, which is why I haven’t posted this week. I’ll pick up the pace this coming week. The Young Rothbard: an Uncomfortable Neoclassical Economist by Joseph T. Salerno, Mises.org, July 3. 2025. Excerpts: Rothbard took courses with all these eminent economists but was especially influenced…
Federal Judge Orders Trump Admin To Halt Immigration Operations Without Probable Cause In California Authored by Aldgra Fredly via The Epoch Times, A federal judge issued a preliminary injunction on July 11 temporarily blocking the Trump administration from carrying out immigration stops and arrests in Los Angeles without probable cause. The decision by District Judge…
In this economic/financial news report we discuss rising coffee prices coming as tariffs and monetary madness unleash pain on the working class. This channel contains news and analysis that often includes ‘one mans opinion’. The information conveyed should never be taken as investment advice. Everyone should do their own due diligence and research before making…
War, Debt, & Distraction: The Hidden Collapse Behind The Iran Hype Authored by Chris Macintosh via InternationalMan.com, While we are all having our attention directed towards the war with Iran, we should always be looking at the “why.” Keeping in mind the absolutely true adage that all wars are bankers’ wars, I noted this from…
North Korea Sends 6,000 Engineers, Construction Workers To Rebuild Russia’s Kursk The Moscow-Pyongyang bromance continues, based on mutual defense objectives and the landmark agreement struck between Presidents Putin and Kim Jong-Un last summer. As part of the latest in official trips and exchanges Russian Foreign Minister Sergey Lavrov was hosted by Kim during a visit…
Newborns To Get $1,000 ‘Trump Accounts’ – Here’s How It Works Authored by Andrew Moran via The Epoch Times, The Republican reconciliation package, better known as the One Big Beautiful Bill, introduced Trump Accounts for newborns, which were previously dubbed MAGA Accounts, or “Money Account for Growth and Advancement.” The accounts are new tax-advantaged investment…
L.A. Mayor Karen Bass Promises Illegal Aliens Cash Amid ICE Raids Ah, California. With U.S. Immigration and Customs Enforcement (ICE) agents’ continued raids throughout Southern California, Los Angeles Mayor Karen Bass announced Friday that undocumented migrants in the city will receive prepaid cash cards funded by philanthropic donors. According to the Los Angeles Times, the…
Iran Could Recover Some Enriched Uranium Buried Deep At Isfahan, Israel Says A senior Israeli official cited in the BBC and NY Times has said that intelligence indicates much of Iran’s enriched uranium is buried at Isfahan, which was struck by US missiles during “Operation Midnight Hammer” on June 22. The official appears to have been…
Dubai’s Emirates Airline To Enable Crypto Payments By Amin Haqshanas of Cointelegraph Dubai’s international airline Emirates signed a memorandum of understanding (MoU) with Crypto.com to integrate Crypto.com Pay into the airline’s payment infrastructure, with implementation expected next year. The signing ceremony took place in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum,…
When Beyond Meat (NASDAQ: BYND) went public, there was a broad belief that people wanted meatless meat. It was healthier than meat. It was better for the environment. Beef cattle give off huge amounts of methane. McDonald’s even partnered with Beyond Meat to create a McPlant sandwich. Key Points People Don’t Want Meatless Meat Beyond…
Watch: American Truckers United Issues Dire Warning On ‘Unsafe’ Highways Amid Flood Of Migrant Drivers, Crashes Shannon Everett of the trucking advocacy group American Truckers United (ATU) has been one of the most outspoken folks about the Biden-Harris regime’s role in the surge of migrant drivers with non-domiciled commercial driver’s licenses (CDLs). He warns the influx has transformed U.S….
In today’s fast-moving world of global conflict, speed, power, and precision are the ultimate advantages. The USS Gerald R. Ford (CVN-78), the U.S. Navy’s newest and most advanced aircraft carrier, embodies all three. As the most powerful warship ever built, it represents the pinnacle of naval force projection—capable of dominating the air and sea in…
Q2-2025 Earnings Season Preview Authored by Lance Roberts via RealInvestmentAdvice.com, Next week, the Q2-2025 earnings season will begin in earnest as a barrage of S&P 500 companies report, starting with the Wall Street money center banks on Tuesday and Wednesday. Since earnings drive the market by supporting investor expectations, what should investors expect? Let’s dig…
This post What Passive Investing Has Done To Our Retirement appeared first on Daily Reckoning. There’s a famous economic law you may not have heard of, but it is valuable to understand. It goes like this: “When a measure becomes a target, it ceases to be a good measure.” It’s called Goodhart’s Law, named after…
Key Points in This Article: A trust is a legal tool to manage assets for a beneficiary, like a child, offering privacy, control, and potential tax benefits, but setup and maintenance costs can be high, and complexity requires professional guidance. Keeping a trust secret until a child is 30 promotes independence but may risk unpreparedness,…
By Walter Olson, CATO Institute Elon Musk’s social media platform X / Twitter was in the news this week—and not in a good way—when its built-in AI chatbot, Grok, began launching into anti-Semitic rants, praising Adolf Hitler, and fantasizing about violence against an online liberal figure. (Coverage here, here, here, and here.) QTR’s Fringe Finance…
Trump To Impose 30% Tariffs On Mexico, European Union President Trump on Saturday morning fired off two trade warning letters via Truth Social, threatening to impose 30% tariffs on all Mexican and European imports starting August 1. The warning to Mexico hinges on action to curb the flow of fentanyl and dismantle drug cartels, while…
The Nifty 50 gives investors exposure to Indian companies. The fund benefits from India’s high GDP growth, which helps its corporations deliver high revenue and net income growth. India also benefits from a large population with a higher fertility rate than most parts of the world. Investors can buy ETFs that give them exposure to…
Elon Musk can almost stop worrying about the value of Tesla’s (NASDAQ: TSLA) stock. His net worth has started to be concentrated in two massive private companies. One is SpaceX, the largest rocket company in the world. The other is xAI, which is the odd combination of his social media business and his AI operations….
Youth Gang Terrorizes Small German Town, Vigilante Patrol Group Forms To Protect Children Via Remix News, The small German town of Harsefeld is grappling with a severe breakdown of public order, as a youth gang’s reign of terror has led to hospitalizations, extortion, and drug dealing. The situation has become so desperate that citizens are…
Key Points in This Article: The stock market in 2025 has faced significant volatility due to macroeconomic pressures like trade policies and high interest rates, yet the S&P 500 has reached new highs, highlighting opportunities in resilient, high-growth sectors. Two stocks, each up 50% or more in the first half of 2025, stand out as…
Inflation continues to shape how Americans shop, save, and spend. Even as overall prices cool slightly, everyday essentials remain costly. That reality is pushing more people to prepare for the future by stockpiling goods—just in case. About 1 in 5 Americans are now regularly buying more than they need, storing away food, cleaning supplies, and…
Ford Recalling 850,000 Vehicles For Fuel Pump Failure Ford is recalling over 850,000 vehicles in the U.S. due to a faulty low-pressure fuel pump that could fail and cause engine stalls, increasing crash risk, according to AP. The recall includes various recent Ford and Lincoln models, such as the Bronco, Explorer, F-150, Aviator, and Navigator,…
Turkey’s Outlawed PKK Begins ‘Symbolic’ Disarmament By Burning Weapons Via The Cradle A group of fighters from the Kurdistan Workers Party (PKK) laid down their arms on Friday during a disarmament ceremony in Iraq’s northern Kurdistan region, coinciding with continued Turkish attacks on the organization despite months of a ceasefire between the historic rivals. Just…
In the American mind, reaching the $1 million mark is highly regarded as a major point of success. Having such savings is the benchmark for financial security and wealth-building. This magic number implies a comfortable existence, full of the finer things in life. While the majority of Americans dream of hitting this high number, the…
Key Points in This Article: Lucid Group (LCID) aims to compete in the premium EV market with models like the Lucid Air and Gravity SUV, while planning to launch affordable mass-market vehicles to capture a broader audience. The EV maker is exploring high-margin technology licensing to other automakers, potentially diversifying revenue streams beyond vehicle production….
Key Points Dave Ramsey has said before that it’s okay to claim Social Security early under certain circumstances. Given recent news from the program’s Trustees, it’s worth rethinking his advice. Claiming Social Security early can be risky, and you should proceed with caution before doing it. It’s hard to believe, but today there are credit…
Syrians Fear Israel Normalization Could Trigger Another Countrywide War Many Syrians fear another country-wide war could erupt if the country’s new post-Assad rulers make peace with Israel through a normalization deal based on Trump’s Abraham Accords. Last week, Israeli Foreign Minister Gideon Saar told reports that normalization with Syria and Lebanon is on the table, as Prime…
There’s really no such thing as a “no brainer” stock pick. I’d say that some opportunities are more compelling than others. But when valuations are as high as they are (such as right now), it can certainly be difficult for investors to wrap their heads around opportunities they think they’d kick themselves for not owning…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Dividend stocks are a favorite among investors for good reason. They provide a steady stream of passive income and offer a promising avenue for total return. Total return, is a comprehensive measure of investment…
Key Points In the wake of the recent conflict between Israel and Iran, the question of military strength in the Middle East has been at the top of mind for many world leaders While this conflict was fairly short, and could kick in to gear again at a moment’s notice, each of these countries had…
‘Global War on Terror’ Is Over. Terror Won. Authored by Daniel McAdams via RPI, On Sept. 16, 2001, five days after the attacks on New York and Washington, DC, President George W. Bush declared, “This crusade – this war on terrorism – is going to take a while. And the American people must be patient. I’m…
FBI’s ‘Raw’ Epstein Prison Video Was Likely Doctored: Wired In an effort to quell longstanding theories surrounding the death of Jeffrey Epstein, the U.S. Department of Justice this week released nearly 11 hours of what it described as “full raw” surveillance footage from outside Epstein’s prison cell. Instead of ending speculation, the release has introduced…
Cambridge Researchers Find Gut Bacteria Could Help Remove ‘Forever Chemicals’ From Body Authored by George Citroner via The Epoch Times (emphasis ours), Researchers have found that nine species of gut bacteria can help detoxify the body from forever chemicals, rapidly absorbing PFAS linked to cancer and other serious illnesses. Kateryna Kon/Shutterstock “This uncovers a new…
Goldman Sees Housing Affordability Relief Ahead – Here’s The Timeline Housing affordability is at its worst in decades, but a new Goldman report suggests some of the most severe pressures may begin to ease, offering modest relief in the years ahead. That’s welcome news for prospective homebuyers who’ve been priced out by soaring home values…
US Charges Chinese Man Accused Of Hacking Into Universities to Steal COVID-19 Research Authored by Frank Fang via The Epoch Times (emphasis ours), The Department of Justice (DOJ) announced charges on July 8 against a Chinese national taken into custody in Italy at the behest of Washington, and accused him of hacking into several U.S….
Forced Labor, Human Trafficking? Illegal Alien Kids Rescued After ICE Raids Industrial Pot Farm In Newsom’s California California Gov. Gavin Newsom wrote on X, “Kids running from tear gas, crying on the phone because their mother was just taken from the fields.” Kids running from tear gas, crying on the phone because their mother was just…
Massive Rare Earths Elements Deposit Confirmed In Wyoming By John Paul Hamsptead of FreightWaves In a groundbreaking moment for the American mining industry, the Fluor Corporation has confirmed the feasibility of large rare earth element deposits at Ramaco Resources’ Brook Mine in Wyoming. This announcement marks a significant step towards redefining the United States’ position…
Even 190% Tariffs Can’t Break Our Addiction To China’s Cheap Labor Despite falling headline numbers—China’s share of U.S. imports dropped to 13% in 2024 from nearly 22% in 2017—America’s reliance on Chinese goods remains deeper than it seems, according to Bloomberg. A new paper by researchers from the World Bank and IMF estimates the real…
RFK Jr. Bans Illegal Immigrants From Government-Funded Programs Authored by Zachary Stieber via The Epoch Times (emphasis ours), Health Secretary Robert F. Kennedy Jr. is rescinding a 1998 interpretation of a law that allowed illegal immigrants to access certain government-funded programs, the Department of Health and Human Services (HHS) said on July 10. Health Secretary…
Nearly 5,000 Haitians Killed In 9 Months As Gang Violence Spreads Beyond Capital The United Nations in a fresh report issued Friday is urging international support for Haiti, amid crippling gang violence has claimed 4,864 lives between October and June. In this nine month period, over 20% of these deaths occurred in the Centre and…
El Salvador Recalls Ambassador To Mexico Over Drug Plane Allegations Authored by Melanie Sun via The Epoch Times (emphasis ours), Salvadoran President Nayib Bukele said on July 9 that he was recalling El Salvador’s ambassador to Mexico for consultations after Mexico’s security chief claimed that a plane allegedly carrying cocaine had originated in El Salvador….
Tensions Explode Between Bongino and Bondi Amid DOJ Epstein Memo Fallout: Reports Speculation is mounting that FBI Deputy Director Dan Bongino is furious over the Department of Justice’s explosive memo concerning Jeffrey Epstein, with anonymous sources claiming he has issued a stark ultimatum to the White House: dismiss Attorney General Pam Bondi or he will…
No One Believes… Authored by James Howard Kunstler, Flux Rules “We’re trapped in a structure. We named the Structure ‘Jeffrey Epstein’.” – Eric Weinstein No one in America – not even the most deranged, spike-faced, pink-haired transtifas – believes the latest Epstein story as played out by Mr. Trump and AG Bondi in this week’s…
CRC is pleased to announce that the June 2025 special issue of Capital Research is now available online. Here’s a peek at what’s inside: Robert Stilson exposes how that AIDS Healthcare Foundation has used federal funding to become housing kingpin. Kali Fontanilla explores how gun-free zones have enabled school shootings. Michael Watson looks at the…
Photo by Steve Saunders on Unsplash Trump is back with a new round of big tariff announcements. They include a 35% tariff on Canada (America’s top trading partner), 25% tariffs on Japan and South Korea (two key U.S. allies), a 50% tariff on copper (almost half of which the U.S. imports), and various other high…
California, Los Angeles Join Activist Lawsuit Against Federal Authorities Over ICE Operations Authored by Kimberley Hayek via The Epoch Times, California Attorney General Rob Bonta, along with the attorneys general from several other states, submitted an amicus brief on July 7 in an effort to prevent the federal government from continuing its immigration enforcement operations…
MTG Moves To Strike Half-Billion Of Military Aid To ‘Nuclear-Armed Israel’ Vying for the title of Most Brazen Bull in the china shop that is America’s relationship with the State of Israel, Georgia Rep. Marjorie Taylor Greene announced she will introduce an amendment to strike a half-billion dollars in additional military aid for the country…
Senate Committee Votes To Block FBI Headquarters Relocation Authored by Savannah Hulsey Pointer via The Epoch Times, The Senate Appropriations Committee voted to ban the Federal Bureau of Investigation from a planned move to the Ronald Reagan building in Washington, D.C. The July 10 vote approved a Justice Department funding bill amendment that blocked the…
