Houthis To Halt Red Sea Ship Attacks If Gaza Truce Holds For the first time since attacks in the Red Sea began in 2023 in response to the Israeli military onslaught in Gaza due to Oct.7, Yemen’s Houthis have signaled they will stop their attacks if the new Gaza truce and hostage exchange deal holds. Houthi leader Abdulmalik Al-Houthi in his first announcement since the impending truce, which is expected to take effect Sunday, said […]

Rogan Blasts “Disgusting, Creepy” Gavin Newsom For Doing “Little Dance” Authored by Steve Watson via Modernity.news, Joe Rogan unloaded on California governor Gavin Newsom during an episode of his podcast, calling him “disgusting” for smiling, dancing, and acting excited to talk with speculators about developing on the land where people’s homes are burning down. Rogan played the now viral clip of Newsom bobbing his […]

Illinois Poised To Become Even Worse Authored by Laurie Higgins via American Greatness, As if America needed any more proof that Democrat-ruled Illinois is the worst state in the union, that Democrats don’t care about the suffering of women and children, and that Democrats have no interest in the common good, Illinois Democrats have announced that they will be proposing legislation to “decriminalize sex work.” In other words, […]

The Magic Of China’s Ridiculous GDP: It’s An Input, Not An Output By Stefan Koopman, Senior Macro Strategist at Rabobank An Input, Not An Output China just hit its 2024 growth target, as it always does. According to Bloomberg, an “11th-hour stimulus blitz” and “some export boom turbocharged activity” were required to get it over the line, but here we are. Gross domestic product rose 5.0%, exceeding forecasts of 4.9% […]

Trump Orders Inauguration Moved Indoors Due To ‘Dangerous Conditions’ President-elect Donald Trump has ordered Monday’s inauguration to be moved indoors. In a post to Truth Social, Trump said that the weather forecast, including “the windchill factor, could take temperatures into severe record lows.” “There is an Arctic blast sweeping the Country. I don’t want to see people hurt, or injured, in any way,” Trump’s post continued, […]

Treasury Secretary Yellen’s Computer Among 400 Other Systems Hacked By China In one last masterstroke of incompetence on her way out the door, Treasury Secretary Janet Yellen has had her computer hacked by China. We don’t really care about the integrity of the U.S. economy, we just hope to God there’s no nudes to leak. Chinese hackers who breached the Treasury Department were focused on “sanctions, international affairs and […]

“For God’s Sake, Pay Your Fair Share” – Delusional Biden’s ‘Exit Interview’ Goes Exactly How You Would Expect Authored by Nathan Worcester via The Epoch Times, One day after delivering his farewell address, President Joe Biden sat down for the last interview of his term. The Oval Office interview, which was recorded earlier in the evening on Jan. 16, saw the outgoing president in a friendly exchange with MSNBC host Lawrence […]

Arrested LA Arson Suspect Says He Just “Liked The Smell Of Burning Leaves” Los Angeles Police Department Chief Jim McDonnell said this week that an arson suspect who was arrested Tuesday in Pacoima told police he had started small fires because he “liked the smell of burning leaves.” Police detained a suspect around 5:15 p.m. Wednesday after a citizen extinguished a fire and held him near Glenoaks and Van Nuys boulevards, […]

Cuba Begins Releasing Prisoners Following Biden Announcements Hours after President Biden removed Cuba from a blacklist of nations that sponsor terrorism (and rolled back a raft of sanctions implemented by Donald Trump during his first presidency that have contributed to the communist-run island’s worst economic crisis in decades), Cuban leader Miguel Diaz-Canel said Cuba would “gradually” release 553 prisoners from its jails […]

Authorities Preparing For “Worst Case Scenarios” Ahead Of Trump Inauguration Authored by Paul Joseph Watson via Modernity.news, Authorities in Washington DC are scanning for “nuclear irregularities” while the Secret Service preps for “worst case scenarios” as security preparations kick into high gear ahead of the inauguration of President-elect Donald Trump. Trump will be sworn in for his second term in office on Monday, […]

Supreme Court Refuses To Save TikTok As Shutdown Looms Update (1010ET): The Supreme Court on Friday upheld the ‘divest-or-ban’ law that threatens to shut down TikTok as early as this weekend if its parent company, ByteDance, does not divest from Chinese ownership. The ban-or-sale law, which will take effect on Sunday, passed in April with bipartisan support and was signed by President Joe Biden over national security concerns […]

FBI Nukes DEI Office, Trump Demands “All Records To Be Preserved” Fox News confirmed on Thursday that the FBI has shuttered its Office of Diversity and Inclusion (ODI). Shortly after the announcement, President-elect Donald Trump called for “all records” related to the woke unit of the federal agency to be preserved. The move comes amid a broader rollback of diversity, equity, and inclusion initiatives across corporate America […]

The Everything Bubble Suddenly Feels Unstable Submitted by QTR’s Fringe Finance This one is a “must read” if you ask me. One of my favorite investors that I love reading and following, Harris Kupperman, has offered up his thoughts on the Fed and markets for 2025. Harris is the founder of Praetorian Capital, a hedge fund focused on using macro trends to guide stock selection. Harris is one of my favorite follows and I find […]

Israeli Security Cabinet Approves Gaza Ceasefire Deal After It’s Signed In Doha Despite that Thursday night the hostage release-ceasefire deal which is to end the war in Gaza was already signed in Doha, there’s still been some final government approval hurdles on the Israeli side. Israel’s security cabinet has issued its formal approval, but now the deal moves to the full cabinet for final discussion and vote, expected to be held […]

‘Renter Nation’ Returns: Trump Victory Sparks Massive Surge In Multi-Family Unit Starts In December From a downwardly revised 3.7% MoM drop in November, Housing Starts exploded 15.8% higher MoM in December while Building Permits (more forward looking) fell 0.7% MoM (a smaller decline than expected)… Source: Bloomberg That is the biggest MoM jump in Starts since March 2021, dragging the total Starts SAAR to its highest since […]

Biden Commutes Sentences For Nearly 2,500 Americans Convicted Of Non-Violent Drug Offenses President Joe Biden said on Jan. 17 that he is commuting the sentences of nearly 2,500 individuals, marking the largest single-day act of clemency in modern history. The latest pardons are being granted to people who were convicted of non-violent drug offenses and who are serving “disproportionately long” sentences compared to those […]

‘Recovery Still Fragile’ – Chinese Bond Yields Hit Record Lows Despite Surprise GDP ‘Beat’ China’s Q4 GDP and December industrial production reports beat market expectations meaningfully, with the 2024 full-year GDP growth target officially reached (what an amazing coincidence). Real GDP growth rose notably to +5.4% yoy in Q4 from +4.6% yoy in Q3, driven by the acceleration of sequential growth on the back of more coordinated and […]

S&P Futures Rise Above 6,000 With Trump Inauguration Looming US equity futures are higher modestly, rebounding from yesterday’s just as modest loss. As of 8:00am, S&P futures rise 0.4%, with the underlying index poised for its biggest weekly gain since November’s election, while Nasdaq 100 futures advanced 0.5% thanks to Mag 7 stocks mostly higher (NVDA +1.3%, TSLA +0.9% and GOOG/L +0.6%) as the latest data and comments […]

Catch-20: The 20 Dynamics That Will Shape The Next Decade Authored by Charles Hugh Smith via OfTwoMinds blog, From low-Earth orbit, we see only the mighty sprawl of immense power. The internal gearing driving contradictory dynamics is buried beneath the grandeur and the euphoria. The consensus holds that things are looking up as the mighty forces of technology, political change and the market are all in confluence, reinforcing […]

“This Is A Disaster”: Fire Erupts At California Battery Storage Plant If the raging wildfires across Los Angeles County weren’t enough, California faced another crisis overnight as one of the world’s largest battery storage facilities, situated about 100 miles south of San Francisco, caught fire, triggering area-wide evacuations.  AP News reported that a fire broke out Thursday at the Moss Landing Power Plant, a natural […]

If We Have Such A Strong Economy, Why Are So Many Americans Struggling? Via SchiffGold.com, The 10-year treasury yield rocketed up to near 5%, and analysts say it’s because the economy is strong despite higher inflation. But if the economy is so strong, why are Americans so indebted, cash-poor, and desperate? 10-Year Treasury Yields Source The recent spike in 10-year yields has been explained away by many as the result […]

These Are The 25 Least Affordable Cities In America Inflation may have come down from its post-pandemic highs, but Americans are still feeling the effects of the rapid price rise in the last three years. And some places in the country are simply more expensive than others due to larger populations, more economic opportunities, desirable communities, and high taxes. This chart ranks the 25 least affordable of America’s 50 largest […]

Armed LA Residents Patrol Neighborhoods In Violation Of Evacuation Orders With police forces overwhelmed by the enormous scope of devastation in Los Angeles County, residents are starting to take matters into their own hands, defying mandatory evacuation orders to instead guard their homes and their neighbor’s property with firearms.   As we reported yesterday, losses from the wildfires in Los Angeles county are poised to reach […]

American Free Speech Vs European Censorship Authored by Drieu Godefridi via The Gatestone Institute, What is important is the solidarity being forged between the major US social media platforms and the incoming US administration in support of real freedom of expression. The new US administration will not tolerate levying fines of tens of billions of dollars on major US technology companies by an EU that is drifting towards […]

Against Russia Forever: UK, Ukraine Leaders Sign ‘Landmark’ 100-Year Pact Prime Minister Keir Starmer was in Keiv on Thursday where he announced a “historic” 100-year partnership with Ukraine, committing the United Kingdom to supporting the country “beyond this terrible war” and into a future so that it can be “free and thriving again”. He said while meeting with President Zelensky that “right now Putin shows no signs of wanting to […]