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Hot ISM Services and JOLTS; Weak US 10yr note auction; US International Trade deficit deepens more than expected; President-elect Trump resumes tariffs threats on Canada/Mexico, and Denmark over Greenland; Soft Swiss Core CPI Y/Y; Fed's Bowman reportedly top candidate to replace Barr as Vice Chair of Supervision; NVDA unveils new products at CES 2025; AAPL & TSLA downgraded.

Trump-nado & Inflation-Scare Spark Sell-Off In Bitcoin, Bonds, & Big-Tech

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...bitcoin puked hard right on cue, just as we warned.

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Gold & Silver
Today
JM Bullion

Russia Has Blunted Major Ukrainian Counterattack In Kursk

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Zelensky: "We continue to maintain a buffer zone on Russian territory."

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159 Democrats Voted Against Laken Riley Bill To Detain Criminal Illegals

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“The Laken Riley Act is a direct step toward ensuring that criminal illegal aliens are swiftly and permanently removed from our communities and our country,”


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Sam Altman: OpenAI Is "Losing Money", Shares 2025 Agentic AI Outlook

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"pls chill." 

 


The Truth About America's Crumbling Infrastructure

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Previous generations of Americans handed us the keys to the most magnificent domestic infrastructure that the world had ever seen, but now it is literally falling apart all around us...


Bond Bulls Beware: The Bloodbath's Not Over (Quite) Yet

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The only easing cycle with a weaker performance was in 1981 when there was a lot of volatility in Fed policy and rates at the back end of the Volcker squeeze on inflation...


Intel On The Brink Of Death Due To Culture Rot Says Scathing Report

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Intel’s board is incompetent and its horrible decisions over the decades are going to push it towards death...


VIX: The Calm Before the Seasonal Surge

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History says VIX moves fast from here

Boebert Introduces Legislation To Abolish The ATF

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The time has come...


Ugly, Tailing 10Y Auction Flops Despite Highest Yield Since 2007

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Overall, this tailing auction of benchmark paper was ugly, even if the market response to the results was somewhat muted,


EU Commission Threatens Musk Ahead Of Interview With Conservative Leader

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The European Commission warns it will take action If Elon Musk's conversation with Alice Weidel gains above-average visibility on X...


Wholesale Egg Prices Hit Record, Shortages Reported At Supermarkets

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"Get backyard chickens for a steady supply of your own eggs!" 


'Curb Your Enthusiasm' In 2025

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“You don’t have to be a genius... just don’t be a schmuck.


Federal Judge Temporarily Blocks Release Of Special Counsel Jack Smith's Classified Documents Report

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U.S. District Judge Aileen Cannon on Tuesday blocked the release of a special counsel’s final report into Trump, pending a decision by an appeals court...


Behold The Era Of Fartcoin's Majesty

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Every single thing the human race has ever done in the history of economics and finance has led us to Fartcoin. Great job, Keynesians...


Trump Announces $20 Billion Foreign Investment In US Data Centers

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"They may go double, or even somewhat more than double, that amount of money..."


Key Takeaways From Nvidia CEO Jensen Huang's CES Keynote On Advancing AI At "Incredible Pace"

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"Mr. Huang stressed that Blackwell-powered systems were in full production..." 

 


Watch: 'The View' Host Compares Jan 6th To The Holocaust

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 “January 6th was an atrocity. It was one of the worst moments in American history… you know, like the Holocaust, chattel slavery”


Goldman Spots A "Significant Warning Sign For Investors": Why Hedge Funds Are Suddenly Shorting The Market In Droves

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"this episode continues to look like the Dec-2021 move in positioning when worries about monetary policy triggered professional investor selling ahead of a 10-month decline in the SPX."