I will be traveling for the next 19 days and so will be posting less frequently. Cincinnati’s Beer-Loving Germans Endured Anti-Immigrant and Anti-Alcohol Resistance by Elizabeth Nolan Brown, Reason, August/September, 2025. Excerpts: Cincinnati’s population ballooned throughout the 19th century, from 2,540 residents in 1810 to 115,435 in 1850, when it ranked as the sixth-largest…
Category: Economy
NATO’s Rutte Warns Of Chinese-Russian Red Dawn As Medvedev Suggests He’s “On Magic Mushrooms”
NATO’s Rutte Warns Of Chinese-Russian Red Dawn As Medvedev Suggests He’s “On Magic Mushrooms” NATO Secretary-General Mark Rutte has gone full ‘Red Dawn’ – warning that China and Russia might orchestrate simultaneous invasions of Taiwan and Europe to destabilize the Western alliance. “If Xi Jinping would attack Taiwan, he would first make sure that he…
What Prevents Trump From Implementing The “Chainsaw” Approach Like Milei?
What Prevents Trump From Implementing The “Chainsaw” Approach Like Milei? Authored by Daniel Lacalle, In recent months, many libertarians have criticised Donald Trump’s economic policies, arguing that he is not implementing drastic public spending cuts like Javier Milei has done in Argentina. However, this comparison ignores key structural and contextual differences between the two countries and their governments….
Merchant Ship Attacked With RPGs In Southern Red Sea Chokepoint
Merchant Ship Attacked With RPGs In Southern Red Sea Chokepoint On Saturday evening, air raid sirens sounded across the Dead Sea region and parts of the West Bank following the launch of a ballistic missile from Yemen toward Israel. The launch, attributed to Iran-backed Houthi forces, marks an alarming expansion of their missile capabilities beyond the Red Sea…
Steve Hanke: 80% To 90% Chance Of Recession
On Wealthion, economist Steve Hanke said last week that a U.S. recession is almost inevitable, and warns that the Fed, Wall Street, and Donald Trump are all looking in the wrong direction. In a wide-ranging interview with James Connor, he explained why ignoring money supply is a fatal flaw in today’s policy and why the…
Turkey Arrests Three More Opposition Mayors, After Istanbul’s Imamoglu Detained
Turkey Arrests Three More Opposition Mayors, After Istanbul’s Imamoglu Detained Via Middle East Eye Three opposition mayors have been arrested in Turkey in what the Republican People’s Party (CHP) have a branded a “political operation”. Adana Mayor Zeydan Karalar, Antalya Mayor Muhittin Bocek and Adiyaman Mayor Abdurrahman Tutdere were all arrested on Saturday as part of an investigation into…
Zelensky’s Latest Call With Trump Was ‘Most Productive’ He’s Ever Had
Zelensky’s Latest Call With Trump Was ‘Most Productive’ He’s Ever Had The White House rhetoric on Ukraine could be slowly shifting, after President Trump said he was “very unhappy” with a Thursday phone call with Russian President Vladimir Putin. After a single night’s record drone attack of some 500 UAVs sent on Ukraine, Trump said…
Tchir: The Risk For Stocks Is That The Administration Decides It Was Correct All Along On Tariffs
Tchir: The Risk For Stocks Is That The Administration Decides It Was Correct All Along On Tariffs By Peter Tchir of Academy Securities Big, Beautiful Production For Security The “Big Beautiful Bill” is now law (which always brings back childhood memories of Schoolhouse Rock – yes, we had that in Canada too). If you don’t…
Tropical Storm Chantal Makes Landfall – All Eyes On Possible NYC Path
Tropical Storm Chantal Makes Landfall – All Eyes On Possible NYC Path With deadly Texas flooding dominating headlines this weekend, we now shift focus to Tropical Storm Chantal, which made landfall near Myrtle Beach, South Carolina, early Sunday. This marks the first tropical storm to make landfall in the 2025 Atlantic hurricane season—and the earliest…
S&P500 vs Nifty 50 For Retirees?
The S&P 500 is one of the most recognized benchmarks in the global stock market. This index gives investors exposure to the top 500 U.S. companies based on market cap. The stocks in this index must be profitable, and it replaces some laggards with qualifying top-performers every quarter. However, investors may not know as much…
UK Restores Formal Diplomatic Ties With Syria After Grooming Sharaa For Power
UK Restores Formal Diplomatic Ties With Syria After Grooming Sharaa For Power Via The Cradle Britain reestablished full diplomatic relations with Syria on Sunday as part of the visit of UK Foreign Secretary David Lammy to Damascus to meet the country’s new de facto leader, Ahmad al-Sharaa (Jolani). In a video message on X, Lammy claimed the…
Tesla Sells Only 2,000 Cybertrucks A Month, But That Can Be Fixed
CNN did the math. Tesla (NASDAQ: TSLA) sold between 5,000 and 6,000 Cybertrucks in the second quarter. In late 2023, there were almost two million preorders of Tesla’s latest vehicle. A lot went wrong, but much of it can be fixed. The Cybertruck had several recalls, and Tesla took a beating in social media for…
Rickards: Superintelligence Will Never Arrive
Rickards: Superintelligence Will Never Arrive Authored by James Rickards via DailyReckoning.com, Readers know at least two things about artificial intelligence (AI). The first is that an AI frenzy has been driving the stock market higher for the past three years even with occasional drawdowns along the way. The second is that AI is a revolutionary…
2 High-Yield Schwab ETFs That Cut Big Dividends
Key Points Investing in dividend ETFs is a good way to generate income for your portfolio. Dividend ETFs can be particularly attractive for retirees. You may want to consider dividend ETFs as part of your investment strategy but include growth ETFs as well. Are you ahead, or behind on retirement? SmartAsset’s free tool can match…
Tesla Sales Drop 60% In Germany In June
Tesla Sales Drop 60% In Germany In June Tesla’s sales in Germany dropped 60% in June to 1,860 vehicles, according to the KBA. For the first half of 2025, sales fell 58.2% year-over-year to 8,890 units, despite overall growth in battery EV sales., according to Reuters. Tesla has also now seen six straight months of…
CEO Jim Farley Says Ford’s Future Could Be Ruined
Ford (NYSE: F) CEO Jim Farley told an audience at the 2025 Aspen Ideas Festival, “We are in a global competition with China and it’s not just EVs and if we lose this we do not have a future at Ford.” He had been to China, driven its EVs, and looked at a standard they…
To Make America Great Again, Start Here
To Make America Great Again, Start Here Authored by Charles Hugh Smith via OfTwoMinds blog, Our status quo is so thoroughly corrupt that it’s no longer even seen as corruption, it’s just BAU–business as usual. It’s a big ask, but let’s depoliticize the phrase “make America great again” and consider what this would actually entail,…
Texas Floods Kill 50; Search Ongoing For Dozens Of Missing Campers
Texas Floods Kill 50; Search Ongoing For Dozens Of Missing Campers Watch Live . . . Update (Sunday Morning): Search and rescue operations continued into the early hours of Sunday morning as officials in Central Texas confirmed the death toll has now exceeded 50. The urgent search remains focused on 27 missing…
These 3 ETFs Are My Top Picks for Retirement Security
As you get closer and closer to retirement, making sound financial decisions can be a real headache as you decide how to put your best foot forward. The hope is that you find a well-balanced portfolio that helps you feel like you are earning enough to retire comfortably. Key Points Choosing a strong ETF is…
Big Beautiful Bill Has Seniors On Track for the Largest Tax Break in U.S. History
Key Points Seniors will receive some major tax benefits due to the One Big Beautiful Bill. The Council of Economic Advisors has referred to the new law as “the largest tax break in American history for our nation’s seniors. Retirees could see hundreds of dollars more in after tax income thanks to the legislation. Are…
Costco (NASDAQ: COST) Price Prediction and Forecast (July 2025)
Shares of Costco Wholesale Corporation (NASDAQ: COST) lost 6.33% over the past month following a rally that saw it rise by 18.66% from its year-to-date low on March 7 through June 2. On the year, the stock is up 8.29% while paying shareholders a dividend that yields a modest 0.53%, or $1.31 per share quarterly. …
1 Jim Cramer ‘Mad Money’ Stock To Sell Today
Jim Cramer doesn’t only recommend growth stocks. He also looks for value stocks that trade at a discount relative to their historical valuations and the S&P 500. He recently pinpointed Target (NYSE:TGT) as one of those companies and recommended it as a stock to buy Although Target is cheap, its price is justified. Dimming growth…
Which Countries Invest In The US The Most?
Which Countries Invest In The US The Most? Foreign direct investment flows have steadily climbed in recent years, fueled by the expansion of multinational companies. A growing share of that capital is now concentrated in a small number of economies, including the United States. This graphic, via Visual Capitalist’s Kayla Zhu, visualizes foreign direct investment…
Kazakhstan Plans To Establish Bitcoin And Crypto Reserve
Kazakhstan Plans To Establish Bitcoin And Crypto Reserve Authored by Vivek Sen via BitcoinMagazine.com, Kazakhstan’s National Bank has announced plans to establish a state Bitcoin and crypto reserve, marking a significant shift in the country’s approach to Bitcoin amid growing institutional adoption of crypto. According to statements from National Bank Chair Timur Suleimenov, the bank is developing a comprehensive…
2 European Stocks I like More Than Their US Rivals
American investors seeking to diversify their portfolios and potentially achieve better value and perhaps less volatility may want to consider exploring the European markets. Indeed, it’s fine to have a home-country bias with your portfolio, but diversifying internationally, I believe, could allow you to swing at more pitches and improve your chance of hitting a…
UBS Finds “Chilling Opportunity” In Data Center Cooling
UBS Finds “Chilling Opportunity” In Data Center Cooling As artificial intelligence chips become more powerful and energy-intensive, legacy air-based cooling systems are fast approaching obsolescence. Chemours is addressing this gap with its next-generation 2-phase liquid cooling technologies, which UBS describes as “purpose-built for more demanding applications in data centers.” With thermal loads projected to exceed…
Why I Invested $170,000 in ULTY – My Strategy and Insights
Key Points In a recent Reddit thread, one investor touted the performance of the he YieldMax Ultra Option Income Strategy ETF (ULTY). After pouring $170K into ULTY ETF, he was ready to invest even more. But was it just serendipitous timing, or is it worth pouring more capital into this options-based ETF? Are you ahead,…
5 Stocks and ETFs Priced at $5 and Lower Pay Massive 10% to 19% Dividends
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. While Most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of…
I’m juggling multiple jobs, real estate, and a startup in my early 20s – how do I maximize my odds of reaching generational wealth?
Key Points in This Article: Achieving lasting wealth and living a comfortable retirement is the goal of millions of people. Live below your means, prioritizing saving and investing in diversified assets like index funds to build long-term wealth. Work with a financial advisor to create tailored strategies for tax efficiency and risk management, ensuring a…
How to take our country back
Photo by Tim Mossholder on Unsplash I remember a moment during the 2012 presidential campaign, when a woman sobbed on camera and cried “I want my America back!”. It bewildered me at the time; as far as I could tell, the America of 2012 was the same America I grew up in — unruly, anti-intellectual,…
US Support For Israel Comes At A Staggering, Multifaceted Price
US Support For Israel Comes At A Staggering, Multifaceted Price Via Brian McGlinchey via Stark Realities When asked about the cost of their government’s support of the State of Israel, some Americans will say it’s $3.8 billion a year — the amount of annual military aid the United States is committed to under its current, 10-year…
US Reassesses Relations With Colombia As Crime And Cocaine Surge Under Leftist Regime
US Reassesses Relations With Colombia As Crime And Cocaine Surge Under Leftist Regime The Trump administration recalled its top diplomat in Colombia, John McNamara, for “urgent consultations” on Thursday in response to what it described as “baseless and reprehensible” statements from senior Colombian officials. While the State Department did not specify which remarks prompted the move, it indicated…
21 States Across US Now Reporting COVID ‘Razor Throat’ Variant
21 States Across US Now Reporting COVID ‘Razor Throat’ Variant Authored by Jack Phillips via The Epoch Times (emphasis ours), At least 21 states are reporting a COVID-19 variant that spread across China earlier this year, according to newly updated data provided by a private company. A map released by the Global Initiative on Sharing…
CNN Stunned As Majority Of Americans Back Trump’s Mass Deportation Plan
CNN Stunned As Majority Of Americans Back Trump’s Mass Deportation Plan The Supreme Court handed the Trump administration a major deportation victory on Thursday. On the same day, the GOP-led House passed the One Big Beautiful Bill Act in a narrow 218–214 vote—legislation that paves the way for over one million deportations annually. Meanwhile, the…
Bitcoin Is The Benchmark: Why The Biggest Opportunity In The Next Decade Isn’t DeFi
Bitcoin Is The Benchmark: Why The Biggest Opportunity In The Next Decade Isn’t DeFi Authored by Mark Jeftovic via BombThrower.com, Excerpt from the July Issue of The Bitcoin Capitalist – ‘The Stablecoin Standard’ Here is the the argument for this section of the Bitcoin Capitalist entitled ‘Bitcoin and Crypto Macro’: “This sums up everything we’ve…
Weakened By War And Syrian Regime Change, Hezbollah Considers Major Demilitarization
Weakened By War And Syrian Regime Change, Hezbollah Considers Major Demilitarization Prompted by military losses and shifting regional geopolitics, the Lebanese political and militant group Hezbollah is considering a major strategic shift that would see the group undertake a major disarmament, Reuters has reported, citing three sources familiar with the group’s deliberations. In solidarity with…
Boxer Chávez Jr. Expected To Be Deported To Mexico To Serve Sentence, Mexican President Says
Boxer Chávez Jr. Expected To Be Deported To Mexico To Serve Sentence, Mexican President Says Authored by Tom Ozimek via The Epoch Times, Mexican President Claudia Sheinbaum said on July 4 that she expects boxer Julio César Chávez Jr. to be deported to Mexico to serve a prison sentence after his arrest in Los Angeles…
Texas Floods Kill 46; Search Ongoing For 27 Missing Campers
Texas Floods Kill 46; Search Ongoing For 27 Missing Campers Watch Live: . . . Update (1926ET) At least 43 people, including 15 children, have died after devastating flash floods ripped through a Christian camp along the banks of the Guadalupe River in Central Texas, according to Sheriff Larry Leitha. Search and rescue operations…
YouTuber Uncovers “Soros Soldier” Behind NYC Color Revolution Operation
YouTuber Uncovers “Soros Soldier” Behind NYC Color Revolution Operation Initial signs suggest a shift in federal posture toward increased scrutiny of rogue non-governmental organizations (NGOs) potentially engaged in domestic color revolution operations aimed at sowing chaos and destruction. These NGOs are reportedly backed by a mix of left-leaning (and often anti-American) high-net-worth individuals, U.S. taxpayer…
‘Egg-cellent News’: Waffle House Eliminates Surcharge On Eggs
‘Egg-cellent News’: Waffle House Eliminates Surcharge On Eggs Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Restaurant chain Waffle House announced Tuesday that it has removed a surcharge on eggs that was implemented earlier this year amid soaring egg prices. A Waffle House restaurant in Miami Gardens, Fla., on July 30, 2024. Joe…
Musk Unveils ‘America Party’ To Challenge ‘One-Party System’ That’s ‘Bankrupting Our Country’
Musk Unveils ‘America Party’ To Challenge ‘One-Party System’ That’s ‘Bankrupting Our Country’ One day after his latest poll asking his followers on X whether the USA needs a new political party, Elon Musk announced on Saturday that the “America party has formed.” “By a factor of 2 to 1, you want a new political party and…
“We’ve Already Defaulted!”: On Inflation, Deficits, Broken Markets, & The Fiscal Illusion
“We’ve Already Defaulted!”: On Inflation, Deficits, Broken Markets, & The Fiscal Illusion Submitted by QTR’s Fringe Finance This weekend, I made an appearance on the Zero Hedge Podcast—a platform I’ve long loved to read and have been a friend of. The full video is below. At the outset, I explained why I’ve mostly stepped back…
3 Precious Metals ETFs For Your Portfolio
Precious metals ETFs can serve as a useful inflation hedge. These funds usually give investors exposure to precious metals or the mining companies that extract precious metals from the Earth. These raw materials are essential for everyday products, which typically allow them to rise with inflation. However, some precious metals and mining companies are better…
Watch: Boston Globe’s ‘Patriotism’ Segment Turns Into Scripted America-Bashing
Watch: Boston Globe’s ‘Patriotism’ Segment Turns Into Scripted America-Bashing A day after citing a Gallup poll showing collapsing patriotism among Democrats, we didn’t have to look far for proof: highly educated Boston leftists proudly proclaiming they’re “not proud to be American.” Yet, despite their anti-American rhetoric, they still choose to live here. Strange, isn’t it? The Boston Globe—owned…
US Expands Militarized Zones To One Third Of Southern Border
US Expands Militarized Zones To One Third Of Southern Border Via Headline USA, Orange no-entry signs posted by the U.S. military in English and Spanish dot the New Mexico desert, where a border wall cuts past onion fields and parched ranches with tufts of tall grass growing amidst wiry brush and yucca trees. The Army has posted thousands…
“The Struggle To Get ‘Normal’ Again Is Epic… And Harsh…”
“The Struggle To Get ‘Normal’ Again Is Epic… And Harsh…” Authored by James Howard Kunstler, “I can negotiate with a man who wants to make money. I can’t negotiate with a communist who wants to kill me.” – Josh Lippincott on “X” O, Norman Rockwell, where are you when we really need you? Forgive us,…
PEOPLE CAN’T PAY THEIR ELECTRIC BILLS! RISING COSTS ARE CAUSING FINANCIAL SHOCK..
In this economic/financial news report we discuss the growing issue of unaffordable energy bills amid a heat wave. Some people are seeing their electric bills double from the previous year. We discuss where does it end and what is about to happen. This channel contains news and analysis that often includes ‘one mans opinion’. The…
My Dad Passed And Left Me Over $581k, But I Don’t Know What To Do With The Money
Key Points A Reddit user inherited over $580,000 He has limited debt and some savings of his own, so she’s not sure what to do with the money. Finding the right mix of different investments and making a decision on the inherited house will be the top priorities. Are you ahead, or behind on retirement?…
OPEC+ Boosts Output More Than Expected In Quest To Snuff Shale
OPEC+ Boosts Output More Than Expected In Quest To Snuff Shale Confirming earlier media leaks, OPEC+ agreed to increase oil production even more rapidly than expected next month, as the Saudi-led group seeks to capitalize on strong summer demand in its move to reclaim market share. The eight core group members agreed to raise supply…
Tehran Dismisses Reports Of Renewed US Talks Amid Domestic ‘Anger’
Tehran Dismisses Reports Of Renewed US Talks Amid Domestic ‘Anger’ Via The Cradle Iran’s Foreign Ministry on Saturday denied reports that Tehran and Washington were scheduled to resume indirect nuclear negotiations, rejecting the claims as baseless. “Public opinion is currently so angry that no one even dares to talk about negotiations and diplomacy,” Foreign Ministry spokesman Esmail…
Poland Blasts Trump-Putin Dialogue After Drone Strike Escalation
Poland Blasts Trump-Putin Dialogue After Drone Strike Escalation NATO’s largest and most well-protected ‘eastern flank’ country is angry over President Donald Trump’s phone call with Russian President Vladimir Putin this week. Polish Foreign Minister Radek Sikorski has called on Trump to restart military aid to Ukraine, and he highlighted recent Russian airstrike that damaged the…