Coming To America: Syrian Islamist Leader Sharaa Will Speak At UN The Islamist group which rules Syria from Damascus, Hayat Tahrir al-Sham (HTS), has long been designated as a terrorist organization by the UN, US and UK. But once the hardline group toppled Assad, things changed rapidly. The group’s leader and self-declared interim president Ahmed al-Sharaa…
Category: Economy
Who Runs the Country? Nobody.
I’ve noticed with increasing frequency that various commentators on the media talk about who runs the country. Many right wingers think that Joe Biden was supposed to run the country but didn’t and, instead, he deferred to a troika who ran the country. Many people across the spectrum think that Donald Trump currently runs…
Stablecoins To The Treasury’s Rescue
Stablecoins To The Treasury’s Rescue Authored by Michael Lebowitz via RealInvestmentAdvice.com, Digital Money was the title of TBAC’s April 30, 2025, presentation to the U.S. Treasury Department, and an important topic worth discussing. TBAC, short for the Treasury Borrowing Advisory Committee, is comprised of senior investment professionals from the largest banks, brokers, hedge funds, and insurance…
Hegseth Orders Gay-Rights Icon’s Name Erased From Navy Ship In Epic Pride-Month Troll
Hegseth Orders Gay-Rights Icon’s Name Erased From Navy Ship In Epic Pride-Month Troll In the latest move to eradicate wokeness from the United States military, Secretary of Defense Pete Hegseth has ordered US Navy ship be renamed so it no longer honors a gay rights activist. Springing into action, Navy Secretary John Phelan has assembled…
California Passes Bill To Accept Crypto For State Payments
California Passes Bill To Accept Crypto For State Payments Authored by Brayden Lindrea via CoinTelegraph.com, California has taken a step closer toward embracing crypto after a bill allowing state departments to accept digital currencies sailed through the state’s lower house with a unanimous vote and is now headed for the Senate. Assembly Bill 1180 (AB…
Beer Distribution Data Signals “Rough Start” To Summer Drinking Season
Beer Distribution Data Signals “Rough Start” To Summer Drinking Season The growing prioritization of mental health and wellness—amplified across social media platforms by prominent health influencers—appears to be accelerating a “sobriety revolution” among younger generations. This behavioral shift is increasingly translating into reduced alcohol consumption and presents a structural headwind for beer brands, as Gen Z,…
Education Department Says Columbia University Fails To Meet Accreditation Standards
Education Department Says Columbia University Fails To Meet Accreditation Standards Authored by Jacob Burg via The Epoch Times (emphasis ours), The Department of Education said on June 4 that Columbia University violated a federal civil rights law and thus failed to meet accreditation standards amid allegations of widespread discrimination against Jewish students on campus. Columbia…
Ship Carrying 800 EVs Abandoned In Pacific After Fire Breaks Out
Ship Carrying 800 EVs Abandoned In Pacific After Fire Breaks Out On Tuesday, the Morning Midas—a roll-on/roll-off (RoRo) vehicle carrier—was abandoned by its crew in the central Pacific Ocean following an onboard fire, according to a Bloomberg report. The vessel was transporting approximately 3,000 vehicles, including an estimated 800 electric vehicles (EVs). The fire’s origin…
Federal Judge Dismisses DNC ‘Election Interference’ Lawsuit Against Trump Admin
Federal Judge Dismisses DNC ‘Election Interference’ Lawsuit Against Trump Admin Authored by Stacy Robinson via The Epoch Times, U.S. District Judge Amir Ali on June 3 dismissed a lawsuit by the Democratic National Committee (DNC) that claimed that President Donald Trump would someday harness the power of the executive branch to interfere in upcoming elections….
Canada’s Wildfire Smoke Set To Blanket New York City
Canada’s Wildfire Smoke Set To Blanket New York City A plume of wildfire smoke from ongoing blazes in the Canadian prairies is tracking southeastward, already impacting the Dakotas, spreading across the Midwest and Ohio Valley, and is forecast to reach the Mid-Atlantic and Northeast later today. The National Weather Service has issued Air Quality Alerts…
Let’s Get Real – Iran Wouldn’t Be Moving More Air Defense Systems Around Their Nuclear Facilities If They Planned To Make Peace With Trump
It is often said that actions speak louder than words, and the actions that the Iranians have been taking are very clear. If they planned to make a peace deal with President Trump, they wouldn’t be feverishly moving air defense systems around the nuclear facilities that they would be required to dismantle as a part…
Who Really Are The Lawless & The Dictatorial?
Who Really Are The Lawless & The Dictatorial? Authored by Victor Davis Hanson, The left is in its usual sanctimonious but schizophrenic mood. The media claims daily that the Trump administration has usurped power. It is supposedly destroying democracy. It tramples on the rule of law and thus has created a virtual dictatorship. Yet at…
Kill (The) Bill: Musk Goes Ballistic Against GOP Tax And Spending Package
Kill (The) Bill: Musk Goes Ballistic Against GOP Tax And Spending Package Let’s be honest, Elon Musk has been made a fool of by the GOP. After assembling the DOGE team and spending months finding egregious levels of waste, fraud and abuse within the US government – i.e. what Trump supporters voted for – House…
Beige Book Finds US Economy Diverging By Party Lines, No Trace Of Runaway Inflation
Beige Book Finds US Economy Diverging By Party Lines, No Trace Of Runaway Inflation Many were stunned after the latest inflation and core PCE data confirmed that the experts were once again dead wrong, and instead of the widely expected inflation tsunami, Trump’s tariffs have so far sparked only continued disinflation (which will only become…
At almost 40 years old, we have $3.5 million and could hit $10 million by 50 – but how do people scale to $50 million+?
Key Points A Reddit poster with $3.5 million wants to know how people end up with $50 million. He doesn’t feel like he’d ever be on track to get there, despite saving and investing. Other posters expressed how hard it is to amass $50 million, but suggested that’s not really necessary for financial success. Are…
Did I Make a Mistake by Selling My Apple and NVIDIA Stocks During the Dip – Here’s How I Managed My Portfolio
Investing isn’t easy. You have to buy good stocks and stay committed to those investments amid market volatility and uncertainty. One Redditor recently posted about buying the dip in the Dividends subreddit. This individual sold off their Nvidia (NASDAQ:NVDA) and Apple (NASDAQ:AAPL), but the 90-day tariff delay and subsequent rally has left the Redditor feeling regret. Investors can learn…
Ayatollah Rejects US Nuclear Proposal, Vows Iran To Keep Enriching Uranium
Ayatollah Rejects US Nuclear Proposal, Vows Iran To Keep Enriching Uranium Iran has finally reacted to the US proposal for a fresh nuclear deal which was submitted Saturday via Omani mediators, and as expected it has dismissed Washington demands to take uranium enrichment down to zero. Iran’s Supreme Leader Ayatollah Ali Khamenei has made clear…
ChargePoint Holdings (CHPT) Earnings Live: Can the Stock Recapture the Magic?
Live Updates Live Coverage Updates appear automatically as they are published. Execution Risks 3:58 pm by Joel South ChargePoint’s investment case now depends on survival, not market share. First, cash burn remains a structural threat. Even if Q1 burn improves sequentially, CHPT may still exit FY26 needing to raise capital. Any deterioration in working capital…
Five Below (FIVE) Earnings Live: Stock Strength Hinges on High Expectations
Live Updates Live Coverage Updates appear automatically as they are published. Execution Risks 3:47 pm by Joel South Five Below’s biggest execution risk is that the Q1 bounce proves ephemeral. If the comp improvement is tied primarily to stimulus-driven spending or promotional intensity, margin leverage may not hold in the second half of the year….
MongoDB (MDB) Earnings Live: Stock Looks to Shake Off Transition Blues
Live Updates Live Coverage Updates appear automatically as they are published. Execution Risks 3:45 pm by Joel South MongoDB’s greatest risk is failing to reaccelerate revenue in FY26 despite its decision to invest aggressively. If Atlas continues to grow only at mid-teens rates, the 10% operating margin guide may look overly optimistic — especially as…
Can Adding Children to Your Credit Card Boost Their Future Credit Scores?
Key Points A Reddit user is wondering how to help increase her teenagers’ credit scores. She’s thinking about adding her kids as authorized users on her account. Other posters said that this technique helped to give their own scores, or their kids’ score, a boost. Did you know some credit cards can actually help you…
BARK Inc. (BARK) Earnings Live: Turnaround in Sight but Stock Under Scrutiny
Live Updates Live Coverage Updates appear automatically as they are published. Execution Risks 3:54 pm by Joel South BARK’s risks center on two structural challenges: subscale economics and cohort fragility. First, while revenue has stabilized, BARK remains below the scale needed to fully leverage its fixed cost base. Even with positive EBITDA this quarter, cash…
Greif Inc. (GEF) Earnings Live: Stock Hunts Redemption in Punishing Climate
Live Updates Live Coverage Updates appear automatically as they are published. Consensus Snapshot 2:31 pm by Joel South Q2 EPS Estimate (GAAP): $1.04 Revenue Estimate: $1.428 billion EBITDA Estimate: $192 million YoY Revenue Growth: +4.2% Dividend Yield: 3.3% EBITDA Margin: ~13.5% Street expectations reflect modest top-line improvement but continued pressure on operating leverage. The $1.428B…
PVH Corp. (PVH) Earnings Live: If Stars Align, Stock Could Reverse Dampened Sentiment
Live Updates Live Coverage Updates appear automatically as they are published. Consensus Snapshot 2:30 pm by Joel South Q1 EPS Estimate: $2.23 Q1 Revenue Estimate: $1.94 billion YoY EPS Decline: -9% YoY Revenue Decline: -0.8% Segment Estimates: Tommy Hilfiger: $1.02B (+0.5%) Calvin Klein: $876M (-1.2%) Heritage Brands: $41M (-16.5%) Wall Street expects a modest decline…
Planet Labs (PL) Earnings Live: Recovery in Motion Amid Discounted Shares
Live Updates Live Coverage Updates appear automatically as they are published. Consensus Snapshot 2:31 pm by Joel South EPS Estimate (GAAP): -$0.088 EPS Estimate (Non-GAAP): -$0.033 Revenue Estimate: $62.25 million YoY Revenue Growth: +3.0% EBITDA Estimate: -$3.03 million EBITDA Margin: -4.87% Free Cash Flow (prior Q): -$21.6 million Consensus reflects another unprofitable quarter, though slightly…
Professor Called ‘Racist’ For Saying ‘Mob’ Can Sue Trustees, Judge Rules
Professor Called ‘Racist’ For Saying ‘Mob’ Can Sue Trustees, Judge Rules Authored by Matt Lamb via The College Fix, A Michigan State University professor can sue two trustees for their role in a targeted campaign against him, a federal judge ruled recently. Judge Hala Jarbou dismissed Professor Jack Lipton’s lawsuit against the board of trustees except for…
Should I Start a Roth IRA from $0 or Keep Contributing to My 401k at Age 42?
Key Points A 42-year-old Redditor is trying to decide whether to redirect some 401(k) contributions to a Roth IRA. The poster isn’t sure if making the switch will benefit him since he has been investing in his 401(k) for a while. Redditors pointed out the benefits of diversifying into a Roth to gain access to…
Watch Live: House DOGE Subcommittee Exposes “Public Funds, Private Agendas: NGOs Gone Wild”
Watch Live: House DOGE Subcommittee Exposes “Public Funds, Private Agendas: NGOs Gone Wild” Around 2 p.m. ET, the Subcommittee on Delivering on Government Efficiency (DOGE) will hold a hearing titled “Public Funds, Private Agendas: NGOs Gone Wild.” Under the Trump administration, the NGO-industrial complex has been exposed as nothing more than a money pit for how…
CNN Anchor Exits Network In Disgrace Following Defamation Embarrassment
CNN Anchor Exits Network In Disgrace Following Defamation Embarrassment Authored by Luis Cornelio via Headline USA, CNN star correspondent Alex Marquardt announced on Monday that he was leaving the network, just months after his misleading reporting on Navy veteran Zachary Young triggered a $5 million defamation payout. Marquardt made the announcement on X, reminiscing about his eight years…
Trump Breaks Silence On Brazen Ukraine Drone Op In Lengthy Putin Call
Trump Breaks Silence On Brazen Ukraine Drone Op In Lengthy Putin Call After two days of deafening silence from the White House on Ukraine’s Sunday massive drone assault, dubbed ‘Operation Spider’s Web’ – which took out many key Russian aircraft, including long-range strategic bombers and likely even Russia’s extremely rare A-50 Radar Plane – President Trump has…
Trading The Shit Show: June 2025 Market Review
As we head into the second half of the year, the 25 names I’ve been watching for 2025 continue to vastly outperform the S&P 500 index. Let’s take a look at where things stand as of mid-day Wednesday, and I’ll share my continued take on the market as we head into June and July. On…
Biden’s Press Secretary Leaves The Democrat Party, Announces New Book
Biden’s Press Secretary Leaves The Democrat Party, Announces New Book Via Headline USA (emphasis ours), Former White House press secretary Karine Jean-Pierre has a book out this fall that promises a close look at former President Joe Biden’s decision not to run for reelection and calls for thinking beyond the two-party system. Jean-Pierre herself has switched…
CBO Finds Big Beautiful Bill Raises US Deficit By $2.4 Trillion, Saddles Next President With Fiscal Drag
CBO Finds Big Beautiful Bill Raises US Deficit By $2.4 Trillion, Saddles Next President With Fiscal Drag Update (1238ET): White House Office of Management and Budget Director Russ Vought has hit back over the Congressional Budget Office’s scoring of the ‘Big Beautiful Bill’ – writing on X: OMB just reviewed the new CBO score of the…
I Got Fired – Should I Roll My $600k 401k to an IRA or Keep It with Principal?
Key Points A Reddit user is trying to decide what to do with his $600K in 401(k) funds when he loses his job. He could leave the plan with his current employer, but he’s not happy with the plan administrator. An IRA is probably his best bet due to the flexibility, but he’ll need to…
5 No-Brainer Dividend Stocks to Buy This June
Key Points Dividend stocks are the best way to navigate an uncertain market. These five dividend stocks will ensure steady income and capital appreciation in the long-term. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has…
Marc Andreessen Predicts ‘Biggest Industry In The History Of The Planet’
Marc Andreessen Predicts ‘Biggest Industry In The History Of The Planet’ Billionaire venture capitalist Marc Andreessen predicts that humanoid robotics will become the most lucrative market in history, surpassing the internet’s economic impact. In an interview with Palantir co-founder Joe Lonsdale at a forum hosted by the Ronald Reagan Presidential Foundation & Institute, Andreessen urged…
The “English Warren Buffett” Dumped Most of His Portfolio, But Bought Big Into These 3 Stocks
Key Points in This Article Terry Smith, dubbed “the English Warren Buffett,” founded Fundsmith in 2010, achieving 14.2% annualized returns, outpacing the MSCI World Index. His concentrated portfolio strategy, focusing on high-quality, long-term holdings, reflects a disciplined, tech-heavy investment approach. Nvidia made early investors rich, but there is a new class of ‘Next Nvidia Stocks’…
Rubio Condemns CCP’s Tiananmen Square Massacre, Marking 36th Anniversary
Rubio Condemns CCP’s Tiananmen Square Massacre, Marking 36th Anniversary Authored by Catherine Yang via The Epoch Times, U.S. Secretary of State Marco Rubio condemned the Chinese Communist Party’s (CCP) “brutal crackdown” of the June 4, 1989, student protests in Tiananmen Square, in a social media post ahead of the anniversary. “We remember the Chinese Communist…
More Hidden Costs of Tariffs
Since Trump declared a global trade war on April 2, American firms have been scrambling to manage tariffs (as an aside, this puts a lie to the oft-repeated claim that only foreigners pay tariffs). I’ve written before on some of the hidden costs of tariffs. Another hidden cost appears in the form of Foreign Trade…
Goldman Sachs Adds 3 Dividend Stocks to June Conviction List With 20% and More Upside Potential
The Goldman Sachs Conviction List is a curated list of stocks that the firm’s research team believes have a high likelihood of outperforming the market. It is a tool for investors to identify stocks with strong growth potential, frequently updated to reflect changes in market conditions and company performance. The list aims to pinpoint stocks…
Bitcoin Becomes Safe Collateral: JPMorgan To Offer Loans Financed With Crypto Assets
Bitcoin Becomes Safe Collateral: JPMorgan To Offer Loans Financed With Crypto Assets Less than 8 years ago, when bitcoin was trading at $4,000 (compared to $104,000 today), Jamie Dimon demonstrated once again that he may be an ok big bank CEO (after all, without TARP JPMorgan would not exist today), but he is a terrible…
States Where Trump Has the Highest Approval Rating With Millennials
Millennials are arguably the most influential generation in U.S. politics. Generally defined as those born between 1981 and 1996, the Millennial generation includes over 70 million Americans who are all over the age of 18 — a greater number of voting-age adults than in any other generation. Given their collective power in the voting booth,…
These 3 Dividend ETFs (SCHD, DIVO, MAIN) Should Be Your Passive Income Foundation
Key Points The SCHD and DIVO ETFs unlock passive income possibilities through rock-solid diversified holdings. Meanwhile, MAIN stock can augment your balanced dividend strategy with its attractive yield. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor…
Fink-ing About A New Globalization
Fink-ing About A New Globalization By Michael Every of Rabobank Fink-ing about a new globalisation In a daily markets update there are many times when all that matters are the economic data. There are also days when the bigger picture matters more. The dichotomy between yesterday’s weak US factory orders (-3.7%) and the surprise increase…
Debit Card Loyalist Asks: Is a Credit Card Truly Superior for Purchases Over $20?
The debate over debit cards versus credit cards seems to be never-ending. Advocates of both sides love to get into the weeds about which one is the best choice if you want to avoid overspending. Alternatively, there is also a consideration of which card offers better consumer protections. Key Points This Redditor questions when, if…
Scott Walter’s Written Testimony to House DOGE Subcommittee
Scott Walter’s Written Testimony to House DOGE Subcommittee Written Testimony: HTML or PDF (House website) Full Subcommittee Hearing (House website) Written Testimony to the House Oversight and Government Reform Subcommittee Delivering on Government Efficiency (DOGE) Rep. Marjorie Taylor Greene, chair Hearing on “Public Funds, Private Agendas: NGOs Gone Wild” Scott Walter President, Capital Research Center…
ECONOMIC SHOCK HITS, MILLIONS CAN’T AFFORD BASICS, FINANCING CONCERTS, MILLIONAIRE STARS GOING BROKE
In this economic/financial news report we discuss the rising cost of living crisis, millions can’t afford life. the worsening economic situation, highlighting the rising cost of living, increased consumer debt, and the reliance on credit for everyday expenses. It points to the irrational consumer behavior of financing entertainment through credit and explores how this cycle…
What Happens to a 401k When You Die? – Insight Needed After My Sister-in-Law’s Passing
The sudden and unforeseen death of a relative loved one is a tragic event. When family survivors undertake the process of clearing up estate matters of the deceased, retirement accounts have a protocol for processing the transfer of the accounts and proceeds to the designated beneficiaries. However, 401-K accounts, which are administered by third party…
Is my $5 million net worth enough to actually retire?
For everyone who lives or aspires to achieve financial independence and retire early in the “FIRE” movement, you must set a target net worth number. The goal is that once you hit this number, you have “made it” as far as being able to retire comfortably and not have to work a full-time job ever…
WTI Extends Gains As Crude Stocks See Biggest Draw Since December
WTI Extends Gains As Crude Stocks See Biggest Draw Since December Crude prices are higher this morning on signs of progress in trade talks between the US and EU and the API report of a major drawdown in American crude inventories (despite product builds). Geopolitical tensions continue to drive prices more aggressively as the possibility of…
Down 33%, Is This Hidden Dividend Growth Stock a Buy?
Key Points in This Article: ASML Holding (ASML) monopolizes EUV lithography systems, critical for advanced chipmaking, serving key semiconductor industry clients. Despite a 33% drop from its 52-week high, ASML’s 20% projected 2025 revenue growth and AI-driven demand signal strong recovery potential. ASML’s 4.9% dividend increase, with a 21% five-year growth rate, marks it as…
