The World’s Largest Biometric Digital ID System, India’s Aadhaar, Just Suffered Its Biggest Ever Data Breach
In one fell swoop, roughly 10% of the global population appears to have had some of their most valuable personal...
Record Number of Multiple Jobholders: A Closer Looks Inside the Horrific October Jobs Report
Today's jobs data was so ugly, not even the Biden admin had anything positive to say about it. For those...
Stocks Spooked for 3rd Straight Month as WW3 Fears Spark Surge in USD, Gold, and Crypto (Not Oil)
Today saw wage inflation rising faster than hoped (hawkish for Fed) and consumer confidence worsened (with inflation expectations jumping )....
“The Pessimistic Tone on Conference Calls Is Striking”: US Stocks Are Facing Falling Profit Forecasts
A deteriorating outlook for corporate earnings offers little support for the S&P 500 reeling from its worst October since 2018....
Time to Think ‘Quadrillions’, as There’s ‘Zero Fiscal Restraint’ in D.C.
This past week I had the pleasure of interviewing one of my favorite hedge fund managers, Lawrence Lepard. Last week...
Sorry, Zelensky: Speaker Johnson Plans Separate Votes on Ukraine, Israel Aid
In what would be a major setback for the War Party's increasingly desperate effort to perpetuate the proxy war against...
IRS Collects $160 Million From Wealthy Taxpayers Amid ‘Increased Compliance Efforts’
The IRS has collected roughly $160 million from wealthy taxpayers YTD - or approximately 2 days worth of Ukraine aid,...
Taylor Rule Signals Fed Is Already Done Hiking
The pain in long-duration growth stocks, fueled in recent weeks by a relentless surge in Treasury yields, is finally on...
Israel Economy Hammered by War With Hamas – Central Bank Holds Rate at 4.75%
The Oct. 7 attack by Gaza-based Palestinian militant group Hamas has not only exacted a bloody toll on Israel, but...
Why Us Businesses Can’t Wait to Get Out of China
Foreign investments are leaving China. Half of the $250 billion to $300 billion foreign bond investments since 2019 have exited,...