Only 7% Of Voters Rank Data Centers As A Top Political Issue; New Survey Finds Authored by Bryan Hyde via American Greatness, A new poll from the Rainey Center for Public Policy shows just 7 percent of registered voters view data centers as a top-three national political issue, confirming that fewer than 10 percent prioritize them at the federal level. The Washington Examiner reports that the survey of 1,004 registered voters […]

‘Mr.Gold’ Warns Higher Rates Will Blow Everything Up Via Greg Hunter’s USAWatchdog.com, Financial writer and precious metals expert Bill Holter (aka Mr. Gold) has warned for years about what happens in the end when a debt bubble pops.  Mr. Gold explains, “This bubble is like any other bubble in mankind’s history…” ”  In the 1920s, credit was extremely easy.  When credit tightened, it was the wealth effect in […]

“This Nor’easter Is Going To Be An Ordeal” The US East Coast has avoided any tropical development so far this year, but a developing nor’easter in the Atlantic just off the North Carolina and Virginia coast could still deliver hurricane-force winds and heavy rain, with the greatest impacts expected in the Northeast later this week and into the weekend.  “Oh, this Nor’easter is going to be an ordeal. This storm will be a […]

China’s Quad-G Plan For Global Hegemony Involves The UN And AI Authored by Anders Corr via The Epoch Times, The regime in China denies that it has plans for “hegemony or expansion,” but its history – from the peasant land seizures of the 1920s to claims on the entire South China Sea today – is replete with land grabs and territorial expansion. Starting in 2021 with its first of four global initiatives, the Chinese Communist […]

Kalshi’s $5,499 Question: Wash Trading, Or A Subsidized Volume Machine? Kalshi’s Ethereum perpetual futures contract has a favorite trade size, and it’s $5,499. A CoinDesk analysis published Monday pulled 3,450 trades in the contract, a futures product with no expiry that tracks the spot price of ether, from 23 one-hour windows between September 17 and 20. Of those, 1,406 landed within $2 of $5,499. That’s $7.7 million of the […]

More US Homebuyers Apply For Riskier Mortgages As Interest Rates Top 7% Authored by Andrew Moran via The Epoch Times, Higher interest rates pushed prospective homebuyers toward riskier mortgages last week, new industry data show. The total volume of mortgage applications declined almost 2 percent for the week ending Sept. 18, according to a report released by the Mortgage Bankers Association on Sept. 23. This represented the […]

US Diesel Craters, EU Prices Skyrocket As Politico Reports White House Preparing Plan For 90-Day Export Ban Summary:  New Politico Report Suggests White House Preparing For Diesel Export Ban “Definitely Doesn’t Work”: U.S. Energy Sec Rejects Diesel Export Ban, Risks Creating Bigger Supply-Squeeze Later Politico Reports White House Prepares Plan For 90-Day Diesel Exports Ban Diesel is certainly top of mind in the White House as […]

Bonds Crash Most Since Liberation Day After Catastrophic 5Y Auction; 2nd Biggest Tail On Record Coming into today’s 5Y auction, the bond market was collapsing, with yields across the curve soaring but especially the 5Y exploding a crazy 15bps heading into today’s auction (of 5 Year treasuries), a massive concession which we thought would lead to “lots of demand” for today’s offering.  *TREASURY 5-YEAR YIELD RISES 15 BASIS POINTS […]

CFTC Chair Pushes Tokenization As SEC Opens Door To Onchain Stocks Authored by Ezra Reguerra via Cointelegraph, US Commodity Futures Trading Commission (CFTC) Chair Michael Selig said financial markets should prepare for “mass tokenization” as regulators adapt existing frameworks for blockchain, artificial intelligence and onchain markets. In remarks delivered Tuesday at the US Treasury Market Conference, Selig said tokenization […]

Brazil’s Socialist Lula Cries ‘Foreign Interference’ At UN As Bolsonaro Ties Him In Runoff Polls “Flávio Bolsonaro has moved marginally ahead of Lula in a potential run-off, with the race effectively tied,” Daniel Lavarda, HSBC’s head of Brazil macroeconomic research, wrote in a note to clients on Tuesday.  Lavarda said, “Worsening approval ratings weigh on Lula’s prospects, reducing probability of re-election to 18% (per to our […]

Market Warning Signs And The ‘Perfect’ Hedge Via Crescat Capital, We showed in prior letters that the US stock market has recently reached all-time high valuations across a variety of dimensions. Now, the market is flashing warning signals of a potential major market top based on a variety of divergent technical and cross-market indicators. We show four of these in this letter: New 52-week Highs vs. Lows Chart Normally, when a […]

Spain Clears Way For US Extradition Case Against Cox Media Heir Turned Communist Financier The Spanish government has begun a process that could soon lead to the US extradition of Jim “Fergie” Chambers, the communist centimillionaire and heir to the massive Cox media fortune. Bloomberg reported Tuesday that Chambers moved a step closer to extradition to the US after Spain’s Cabinet allowed the case to proceed to court. […]

Traders Have Modest Hopes For A Trump-Xi AI Deal While we will provide a more detailed preview of the Trump/Xi summit in a subsequent post, there are signs that President Trump and his Chinese counterpart, Xi Jinping, may emerge from their upcoming summit with an agreement about the artificial-intelligence industry, an increasingly prominent flash point between the world’s two biggest economies. But, as Bloomberg’s Jacob Gu  […]

Where Will This All/Diesel End Up? By Michael Every of Rabobank Underlining how markets are now driven by geopolitics and geoeconomics, it’s all big names, big games, and big trades today. The UN general assembly is in session as the Wall Street Journal notes, ‘World leaders almost all agree on one thing: the UN is failing.’ Xi will also visit Trump: will those talks achieve anything substantive? Oil is down on hopes for […]

Oil Holds Highs After Total Crude Stocks Rose, US Production & Gasoline Demand Dipped Oil prices reversed initial losses (Brent back above $100) on Wednesday amid persistent Middle East supply risks, as investors weighed the prospect of improved Saudi export flows and U.S.-Iran diplomacy against the potential for further disruptions. Saudi Arabia has begun testing its East-West pipeline for structural integrity and pressure, a […]

Pezeshkian Lashes Out In UN Speech: The Nuclear Bombs Are In Israel, But Inspectors Sent To Iran Summary: Pezeshkian Addresses UN As expected, the United States delegation immediately walked out as Iran’s president began speaking, in front of what was not a very well attended address to begin with. He listed out a series of war crimes by the US aggressor but an accompanying theme was Iranian defiance while under the bombs. He also […]

San Francisco Sues Truth Social Over Early Access To Trump’s Posts Authored by Jill McLaughlin via The Epoch Times, San Francisco filed a lawsuit Sept. 22 against the parent company of Truth Social over President Donald Trump’s posts, claiming the company created a corrupt business scheme through its $100,000-per-month Truth API plan that allows subscribers to get his posts before they become public. City Attorney David Chiu […]

10Y Yield Spikes Above 5.00% After Blowout Beats For US PMIs With ‘hard’ economic data still somewhat muted, expectations were for a modest retracement in US PMIs from recently optimistic levels in preliminary September data. Instead, the ‘soft’ survey data soared: Flash US Services PMI Business Activity Index: 58.7 vs 55.8 exp (August: 56.5). 59-month high. Flash US Manufacturing PMI: 57.0 vs 53.7 exp (August: 53.9). […]

OpenAI, Anthropic To Brief UN Security Council On AI Risks Authored by Ezra Reguerra via Cointelegraph, Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman are expected to brief the United Nations Security Council on Wednesday as the body examines artificial intelligence risks and their implications for international security. According to CNBC, the UN confirmed Altman and Amodei’s participation. Hugging Face CEO Clément […]

Zelensky Ready For Reciprocal Energy Ceasefire Ahead Of UN Speech Major Russian drone attacks pummeled the Ukrainian capital overnight, resulting in two people killed and at least 23 wounded, also unleashing large-scale fires and damage, with plumes of black smoke seen hovering over the city. Other locations came under attack, which has been a nightly phenomenon, including in southeast Ukraine’s Zaporizhzhia and the Black Sea port […]