• Activity In Tropics Emerges As Next Big Hurricane Could Send Gas Prices To “Apocalyptic” LevelsZeroHedge - Jun 27th 2022 6:55pm EDT

    Activity In Tropics Emerges As Next Big Hurricane Could Send Gas Prices To “Apocalyptic” Levels Three tropical disturbances are being closely monitored for development in the Atlantic as fears mount that above-average storms could wreak havoc on oil/gas operations in the Gulf of Mexico and send gas prices at the pump to “apocalyptic” heights.  “The lull […]

  • NY Supreme Court Tosses Law Allowing Noncitizens To VoteZeroHedge - Jun 27th 2022 6:35pm EDT

    NY Supreme Court Tosses Law Allowing Noncitizens To Vote The New York Supreme Court on Monday struck down a NYC law allowing noncitizens to vote, handing a victory to the Republican National Committee (RNC) which filed a lawsuit against the law in January. The Court said in its decision that the city has no legal […]

  • Biden-Erdogan Meeting On The Table As Turkey Vows ‘Won’t Back Down’ At NATO SummitZeroHedge - Jun 27th 2022 6:15pm EDT

    Biden-Erdogan Meeting On The Table As Turkey Vows ‘Won’t Back Down’ At NATO Summit The 2022 NATO summit in Madrid, Spain is set to kick off Tuesday and run through Thursday of this week; however, US officials say they don’t expected Turkey’s concerns over Sweden and Finland’s membership bids to be allayed. One European diplomatic […]

  • “The Rubicon Has Been Crossed”: The BOJ Now Owns More Than 50% Of All Japanese BondsZeroHedge - Jun 27th 2022 5:35pm EDT

    “The Rubicon Has Been Crossed”: The BOJ Now Owns More Than 50% Of All Japanese Bonds A little over three years ago, the Bank of Japan crossed a historic milestone when we reported that the central bank had become a top-10 shareholder in 50% of all Japanese companies. Since then, the central bank’s equity stake […]

  • The Age Of DiscordZeroHedge - Jun 27th 2022 5:15pm EDT

    The Age Of Discord Authored by Charles Hugh Smith via OfTwoMinds blog, It’s very difficult to find common ground that supports cooperation in the disintegrative stage of scarcities, rising prices, catastrophically centralized power and social discord. Today’s topic echoes Peter Turchin’s 2016 book, Ages of Discord, which I have often referenced in blog posts. I’ll also […]

  • Pentagon Blasts Putin’s Latest “Cavalier” Nuclear ThreatZeroHedge - Jun 27th 2022 4:55pm EDT

    Pentagon Blasts Putin’s Latest “Cavalier” Nuclear Threat The Pentagon on Monday in a belated reaction to Russian President Putin’s Saturday announcement that Russia will be transferring nuclear-capable long missiles to Lukashenko’s Belarus slammed “cavalier” and “irresponsible” nuclear saber-rattling. The US is apparently taking issue with Putin leaving open a nuclear transfer option, seen in the […]

  • Banks Unveil Post-Stress-Test Dividend/Buyback Plans, Morgan Stanley Jumps On Boost To BothZeroHedge - Jun 27th 2022 4:38pm EDT

    Banks Unveil Post-Stress-Test Dividend/Buyback Plans, Morgan Stanley Jumps On Boost To Both As we detailed last week, all 33 banks tested this year passed the stress test though we noted that in the test’s worst-case scenario, they would collectively lose more than $600 billion, the Fed said. We note that this year, the biggest banks […]

  • Victor Davis Hanson: America Is More Fragile Than The Left UnderstandsZeroHedge - Jun 27th 2022 4:20pm EDT

    Victor Davis Hanson: America Is More Fragile Than The Left Understands Authored by Victor Davis Hanson via AmGreatness.com, “There is a great deal of ruin in a nation.” – Adam Smith The Left has been tempting fate since January 2021 – applying its nihilist medicine to America on the premise that such a rich patient […]

  • ‘Good News’ Sends Stocks & Bonds Lower; Oil & Gas Prices SoarZeroHedge - Jun 27th 2022 4:01pm EDT

    ‘Good News’ Sends Stocks & Bonds Lower; Oil & Gas Prices Soar And just like that the narrative flipped back from a ‘growth scare’ to ‘inflation fears’ as Pending Home Sales beat (but that was for May when mortgage rates down-ticked modestly before spiking in June), Durable Goods Orders beat (again this was for May […]

  • Amtrak Train Packed With 243 Passengers Derails In MissouriZeroHedge - Jun 27th 2022 3:36pm EDT

    Amtrak Train Packed With 243 Passengers Derails In Missouri An Amtrak train with 243 passengers derailed on the way to Iowa near Mendon, Missouri, on Monday, according to CNN’s Pete Muntean.  DEVELOPING: Amtrak confirms to me a train derailment in Mendon, Missouri. 243 passengers on board. Reports of injuries. More info coming. — Pete Muntean (@petemuntean) June 27, […]