Thomas Jefferson University President Resigns After “Liking” Inconvenient Tweets
Thomas Jefferson University President Resigns After “Liking” Inconvenient Tweets By Molly Gamble of Becker Hospital Review Mark Tykocinski, MD, has resigned from his roles as president of Thomas Jefferson University and interim dean of the Sidney Kimmel Medical College in Philadelphia. Jefferson CEO Joseph G. Cacchione, MD, wrote in an email to the university community […]
Experts Warn Renewable Energy Creates ‘New Opportunities’ For Chinese Grid Attacks
Experts Warn Renewable Energy Creates ‘New Opportunities’ For Chinese Grid Attacks Authored by Nathan Worcester via The Epoch Times (emphasis ours), America’s increasing reliance on intermittent power sources and batteries is creating novel risks, according to grid specialists who testified before Congress on July 18. Wind turbines are viewed at a wind farm in Colorado […]
When The Tail Wagners The Dog
When The Tail Wagners The Dog By Benjamin Picton, Senior Macro Strategist at Rabobank Vladimir Lenin once said that “every cook has to learn to govern the state”. That seems an apt observation given the events of the weekend, where a one-time hotdog vendor colloquially known as ‘Putin’s Chef’ launched a mutiny of sorts against […]
Toyota Claims Solid State Battery Breakthrough That Will Give EVs 932 Mile Range
Toyota Claims Solid State Battery Breakthrough That Will Give EVs 932 Mile Range The next iteration in the world of electric vehicles is getting closer…at least, if Toyota’s claims are accurate. The legacy automaker is now claiming it has “found a technological breakthrough that will allow it to bring solid state batteries to market as […]
Ford Pulls An Apple, Cuts Chargers From New Mustang Mach-E Purchases
Ford Pulls An Apple, Cuts Chargers From New Mustang Mach-E Purchases If you’ve purchased a new iPhone in the past few years, you might have noticed that a charger and headphones are no longer included as standard. Sigh… That’s becoming increasingly common across the automotive industry for electric vehicles. Ford Motor Company provided a new […]
Democrats Love ESG, Republicans Hate It But Most Americans Don’t Care Either Way
Democrats Love ESG, Republicans Hate It But Most Americans Don’t Care Either Way By Lydia Saad of Gallup, Efforts to promote adoption of the environmental, social and governance framework in investing, commonly termed ESG, have gained traction in recent years and have become the subject of pro- and anti-ESG legislation, yet the general public is […]
Dollar Soars As Debt-Ceiling Doubts Monkeyhammer Markets
Dollar Soars As Debt-Ceiling Doubts Monkeyhammer Markets Higher inflation expectations, weaker sentiment, regional bank crisis growing (deposit data after the bell today), and record high risks of a debt-ceiling event appeared to finally break through the sentiment shield in stocks this week as Washington does what it does best – nothing until the last second. […]
“It’s Spooky”: Stanford Professor Warns Thousands Of US Banks Are “Potentially Insolvent”
“It’s Spooky”: Stanford Professor Warns Thousands Of US Banks Are “Potentially Insolvent” Following the collapse of First Republic last week, the meltdown of three other banks, and the Federal Reserve’s quarter-point increase, making the tenth straight hike in an aggressive campaign to tame elevated inflation, a professor of finance at the Stanford Graduate School of Business presented […]
Turkish Evacuation Plane Comes Under Attack In Sudan
Turkish Evacuation Plane Comes Under Attack In Sudan Heavy explosions and gunfire have continued to rock parts of Sudan’s capital Khartoum and its twin city Omdurman despite a ceasefire. At least 500 people have been killed, including reportedly two American citizens, as fighting reaches two weeks amid the power struggle between two rival generals representing […]
Illegal Immigration Surged At Northern US Border With Help Of Americans
Illegal Immigration Surged At Northern US Border With Help Of Americans Authored by Allan Stein via The Epoch Times (emphasis ours), One night this past winter, Lynne Lamon of Plattsburgh, New York, was driving up the U.S.-9 northbound by Canada’s border when she noticed three young men walking on the side of the road. U.S. […]
Biden Says “Banks In Pretty Good Shape” As Small Banks See Biggest Deposit Outflow On Record
Biden Says “Banks In Pretty Good Shape” As Small Banks See Biggest Deposit Outflow On Record The Fed just released its weekly commercial bank data dump showing deposit inflows/outflows. Two things to note: 1) This is for the week up to 3/15/23 (which includes the SVB collapse but nothing more) 2) ‘Large Banks’ includes the […]
Top Food Brands Virtue Signal ‘Healthy Diets’ While Cashing In On Junk Food
Top Food Brands Virtue Signal ‘Healthy Diets’ While Cashing In On Junk Food A new study commissioned by the World Action on Salt, Sugar & Health (WASSH) revealed a startling fact: “Four of the world’s biggest food manufacturers are over-reliant on the sales of unhealthy food despite each claiming to be active in improving the healthfulness of their products.” […]
House GOP Investigate State Department-Funded ‘Disinformation’ Group Behind Conservative Blacklists
House GOP Investigate State Department-Funded ‘Disinformation’ Group Behind Conservative Blacklists Authored by Amy Gamm via The Epoch Times (emphasis ours), House Oversight Chair James Comer (R-Ky.) sent a letter on Thursday to the U.S. State Department demanding records and a briefing by the agency regarding its alleged funding of a “disinformation tracking group” that is […]
New Hi-Res Images Of Chinese Spy Balloon Released
New Hi-Res Images Of Chinese Spy Balloon Released “Mr. Xi…I’m ready for my close-up!” New images that were reportedly taken on February 3, 2023 of the Chinese spy balloon that threw the nation into a frenzy have been released by the United States Department of Defense. The images were from when the balloon was flying […]
Big Oil Smashes Earnings Record With $219 Billion In Profits
Big Oil Smashes Earnings Record With $219 Billion In Profits By Tsvetana Paraskova of OilPrice.com Each of the world’s biggest oil and gas majors reported record profits for 2022 in the past week, doubling their combined net earnings from 2021 and booking the best-ever year for Big Oil. Combined, the net profits of Exxon, Chevron, […]
Long After WWII, Russia Once Again Threatened With German Tanks “With Crosses On Them”: Putin
Long After WWII, Russia Once Again Threatened With German Tanks “With Crosses On Them”: Putin On Thursday Russian President Vladimir Putin attended events marking the 80th anniversary of the battle of Stalingrad, and in his speech hailing Russia’s historic victory against Nazi Germany in World War II, he didn’t hold back, lashing out against Berlin’s contemporary […]
Musk Tells Jury He Believed Had “Funding Secured” Before Tweeting Tesla Could Go Private In 2018
Musk Tells Jury He Believed Had “Funding Secured” Before Tweeting Tesla Could Go Private In 2018 Elon Musk is once again standing by his story that he thought he had “funding secured” at the time he Tweeted it out, mid-trading day, back in 2018. This time Musk is recounting the events while testifying at a trial […]
Egg Crisis Sparks Soaring Interest In Backyard Farms
Egg Crisis Sparks Soaring Interest In Backyard Farms Covid supply chain snarls turned millions of Americans into “preppers” overnight. The run on toilet paper, food, guns, ammunition, and other essential items for survival pushed millions to consider preparedness for a crisis. Remember all those old-school preppers? The media used to refer to them as “extreme” […]
The “Pain Trade” Is Higher For Now
The “Pain Trade” Is Higher For Now Authored by Lance Roberts via RealInvestmentAdvice.com, The “pain trade” is likely higher over the next few weeks. I touched on this topic in this past weekend’s “Bull Bear Report:” Not surprisingly, the “bullish” short-term outlook garnered a substantial amount of pushback. However, there is more to this outlook than just “rosie optimism.” Let’s review what […]
Arizona Gov Forced To Dismantle $80 Million Cargo-Container Wall He Just Built
Arizona Gov Forced To Dismantle $80 Million Cargo-Container Wall He Just Built Under the duress of a federal lawsuit, Arizona Governor Doug Ducey has agreed to dismantle two long sections of border wall the state built out of stacked shipping containers capped by concertina wire. Agreeing to an aggressive border-obliteration deadline, Arizona will yank all […]
Tesla Continues Slow Bleed After Goldman Lowers Price Target
Tesla Continues Slow Bleed After Goldman Lowers Price Target It doesn’t look like anyone can stop the recent selling in Tesla, and Goldman Sachs doesn’t seem interested in stopping that party. Ever since Elon Musk has been diverting his attention to Twitter, shares of Tesla have suffered. They are down about 10% in just the […]
Dismal 30Y Auction Tails Amid Lowest Demand For The Year
Dismal 30Y Auction Tails Amid Lowest Demand For The Year One day after the ugliest 10Y auction since 2016 (which however saw a blowout in yields ahead of the 1pm deadline) moments ago the Treasury sold the last coupon bond of the week ahead of tomorrow’s FOMC meeting when it found buyers for $18BN in […]