Bond Investors Switch From Mutual Funds To ETFs At Record Clip

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Bond Investors Switch From Mutual Funds To ETFs At Record Clip The worst year for bonds since at least 1975 has prompted plenty of investors to abandon the asset class. However, of those who are sticking around, a great number are swapping from mutual funds to exchange-traded funds (ETFs) in execution of loss-harvesting tax strategies.  […]

Indiana Sues TikTok For Allegedly Endangering Children, Sending Data To China

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Indiana Sues TikTok For Allegedly Endangering Children, Sending Data To China Authored by Andrew Thornebrooke via The Epoch Times (emphasis ours), The state of Indiana is suing social media giant TikTok, accusing it of falsely claiming the company’s product was safe for children and illicitly sending U.S.-based users’ data to communist China. Indiana Attorney General […]

“Left Wing In Dirt”: B-2 Stealth Bomber Damaged During Emergency Landing

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“Left Wing In Dirt”: B-2 Stealth Bomber Damaged During Emergency Landing A Northrop Grumman stealth bomber experienced an in-flight emergency and was forced to land at Whiteman Air Force Base Saturday evening. The bomber experienced damage during the landing and caught fire, according to reports.  “A U.S. Air Force B-2 Spirit experienced an in-flight malfunction […]

Mission Complete: NASA’s Orion Spacecraft Splashes Down In Pacific Ocean

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Mission Complete: NASA’s Orion Spacecraft Splashes Down In Pacific Ocean Update (1241ET): Welcome home, Orion. Moon mission complete.  *   *   *  Update (1228ET):  Orion has entered the Earth’s atmosphere. We have now entered the entry phase. The @NASA_Orion spacecraft is traveling just under 25,000 miles per hour. #Artemis pic.twitter.com/Q488mhgfCS — NASA (@NASA) December 11, 2022 […]

Sinema To Keep Committee Assignments After Leaving Democratic Party: Schumer

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Sinema To Keep Committee Assignments After Leaving Democratic Party: Schumer Authored by Jack Phillips via The Epoch Times (emphasis ours), Senate Majority Leader Chuck Schumer (D-N.Y.) said that Arizona Sen. Kyrsten Sinema, who announced she’s leaving the Democratic Party, would keep her committee assignments. “She asked me to keep her committee assignments and I agreed,” […]

Chips Take Center-Stage As Businesses Manage Risks And Countries Manage Rivalries

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Chips Take Center-Stage As Businesses Manage Risks And Countries Manage Rivalries On Tuesday, President Biden visited Phoenix for a “tool-in” ceremony at a new, $12 billion plant being built by Taiwanese chip manufacturer TSMC. Just ahead of his arrival, the firm announced it would build a second factory in Arizona. Now totaling $40 billion, TSMC’s Arizona […]

The Blowback From Strip-Mining Labor For 45 Years Is Just Beginning

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The Blowback From Strip-Mining Labor For 45 Years Is Just Beginning Authored by Charles Hugh Smith via OfTwoMinds blog, The clueless technocrats are about to discover that unfairness and exploitation can’t be measured like revenues and profits, but that doesn’t mean they’re not real. Economists and financial pundits tend to make a catastrophically flawed assumption. They […]

Ukraine’s Odesa Plunged Into Darkness After ‘Kamikaze Drone’ Attacks

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Ukraine’s Odesa Plunged Into Darkness After ‘Kamikaze Drone’ Attacks Over 1.5 million people in the southern Ukrainian city of Odesa are without power following Saturday nighttime “kamikaze drones” pummeling electricity infrastructure in the region, also as blackouts continue surrounding the capital of Kiev and other cities.  “As of now, the city is without electricity,” the Ukrainian […]

FTX Post Mortem Part 3 Of 3: The Contagion

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FTX Post Mortem Part 3 Of 3: The Contagion Authored by Scott Hill via BombThrower.com, The Contagion: Fallout and Lessons from FTX and SBF This is the third and final part in our recap of the collapse of FTX. In the first two issues we covered what happened in the weeks leading up to the failure […]

Mapped: Which Countries Have The Highest Inflation Rate?

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Mapped: Which Countries Have The Highest Inflation Rate? Inflation is surging nearly everywhere in 2022. Geopolitical tensions are triggering high energy costs, while supply-side disruptions are also distorting consumer prices. The end result is that almost half of countries worldwide are seeing double-digit inflation rates or higher. With new macroeconomic forces shaping the global economy, […]