How The Trump Admin Achieved Record Drug Seizures Authored by Troy Myers via The Epoch Times, SAN DIEGO – As the flood of illegal immigrants at the southern border slowed to a trickle, agents shifted gears. Now, they’re focused on seizing drugs – in record amounts – as the border is more secure than ever, officials told The Epoch Times. U.S. Customs and Border Protection (CBP) took The Epoch Times behind the scenes at the border […]

“Only The Beginning”: How To Profit From The Asymmetric Warfare Boom Low-cost kamikaze drones are fundamentally reshaping the modern battlefield and forcing militaries to rethink procurement strategies built around expensive, high-end weapons systems. In the Middle East, US Special Forces learned the hard way that cheap Iranian Shahed-style drones can eliminate multi-million-dollar (if not billion-dollar) communications, radar, […]

Elon Musk Vs The Democrats: Outcomes Vs Process Authored by Stephen Soukup via American Greatness, Years ago, when my oldest son was a Boy Scout, he was asked to write a report/make a presentation on a modern American “hero.” He chose Elon Musk, and I, of course, rolled my eyes so hard they nearly popped out of my head. I knew Musk was a successful businessman, but I also knew that he was both an advocate for and a seasoned […]

Here’s How 45 Countries View America America remains one of the world’s most influential countries, but public opinion of the U.S. varies widely across the globe. Some of its strongest support now comes from emerging economies such as Vietnam, India, and the Philippines, while favorability has weakened across several longtime Western allies. This graphic, via Visual Capitalist’s Dorothy Neufeld, ranks how people in 45 countries […]

STRC Is Junk Credit In A Bitcoin Costume, And Retail Is Holding $8.8 Billion Of It Authored by Glenn Cameron via BitcoinMagazine.com, There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin exposure: Strategy’s preferred stack, STRC, and SATA. The pitch is identical across all three. Tax-favored. 11.5% income. Backed by bitcoin. Money-market risk. […]

Is The Fed Finally Done Rescuing Markets?  Submitted by QTR’s Fringe Finance GLJ Research’s Gordon Johnson is one of my favorite analysts on the street to read and gets a rare endorsement from me (I hate basically everyone selling sell-side style research) because, like my friend Mark Spiegel, he is one of the last few analysts out there that seems committed to the truth….no matter how ridiculous it makes him look in the […]

US Private Credit Default Rate Remains At Record High: Fitch As we have detailed extensively, most recently here: “Blackrock’s Private Credit Fund Gates Investors Again After Redemption Requests Surge “, private credit firms continue to face a flood of redemption requests… And after this week’s report from Fitch Ratings, it appears any light at the end of the tunnel is an oncoming train. As Andrew Moran reports for The Epoch […]

AI Doomsday Warnings Distract From More Imminent AI Concerns Authored by Daniel Nuccio via The Brownstone Institute, AI is everywhere. It’s getting incorporated into everything. That’s simply progress, we’re told. And therefore we need to embrace it, lest we look like a Luddite and let China win (whatever that means). Yet, simultaneously, a lot of people also are afraid because of AI. Very afraid. And sometimes, we’re […]

World Cup: Where’s The Beer? Authored by Noel Williams via AmericanThinker.com, So far, the World Cup is living up to Gianni Infantino’s (FIFA President) clarion call to “unite the world” (or at least the participating nations therein). Of course, that could quickly change when we get to the knockout stages of the tournament when they’re more overwrought emotions and rivalries are more intense. In the meantime, soccer fans […]

FundStrat’s Newton: Why Not Replace The FOMC With AI? Short of abolishing the Fed (much preferred), would automating the Fed make more sense than the current system? Should we trust Kevin Warsh, Jerome Powell, and Lisa Cook to read the tea leaves each month and decree rate changes for us commoners?  That was Fundstrat’s Mark Newton’s suggestion during last night’s ZeroHedge debate on his H2 market outlook. He pointed out the […]

Outrage As Suspect In UK Toddler Crocodile Attack Released On Bail; Identity Still Hidden Authored by Steve Watson via Modernity, The insane attack at a family-run zoo in Cambridgeshire, UK has now produced a fresh outrage. A three-year-old boy from the area remains in critical but stable condition at Addenbrooke’s Hospital after being thrown into a crocodile enclosure. Yet, the 30-year-old man from Norfolk arrested on […]

US Probes Whether ASML’s Advanced Chip Machine Ended Up In China Not long after Shenzhen-based Huawei unveiled what it described as a breakthrough pathway for advanced semiconductor production at the recent IEEE ISCAS conference, the Trump administration raised concerns that one of Dutch chip-equipment giant ASML’s extreme ultraviolet lithography, or EUV, machines may have fallen into Chinese hands. Bloomberg reports that Commerce […]

Israel-Hezbollah Agree To Ceasefire After Clashes Stall Opening Round Of US-Iran Nuclear Talks Summary: Israel and Hezbollah Agree To Ceasefire  Opening Round Of US-Iran Nuclear Talks Postponed After Israel-Lebanon Clashes Erupt  Israel and Hezbollah Agree To Ceasefire Israel and Hezbollah have agreed to a ceasefire that will begin on Friday at 4 p.m. local time, Reuters reported. ISRAEL, HEZBOLLAH AGREE TO CEASEFIRE STARTING […]

Federal Court Allows National Park Service To Replace Slavery Exhibit In Philadelphia Authored by Jackson Richman via The Epoch Times (emphasis ours), A federal appeals court ruled on June 18 that the Trump administration can move forward with replacing a slavery-related exhibit at Independence National Historical Park in Philadelphia. FILE – A person views posted signs on the locations of the now removed explanatory panels that […]

Appeals Court Allows Ohio To Restrict Children’s Use Of Social Media Authored by Aldgra Fredly via The Epoch Times, A federal appeals court on Thursday allowed Ohio to enforce a law requiring social media companies to obtain parental consent before permitting children under 16 to access their platforms. Instagram, TikTok, Snapchat, YouTube, Facebook, Twitch, and Reddit applications are displayed on a mobile phone on Dec. 9, 2025. […]

Russia Vows “Massive Group Strikes” On Ukraine After Drone Swarm Attack On Refinery Ukraine’s massive drone swarm attack on the Russian capital, targeting critical energy infrastructure including a major refinery and storage tank farms, has sparked fuel-shortage fears in Moscow while prompting Russia to warn Kyiv of “massive group strikes” in retaliation. On Thursday, 200 Ukrainian suicide drones swarmed Gazprom’s Moscow Refinery […]

The Crypto Risk No One Is Discussing  Submitted by QTR’s Fringe Finance With bitcoin hovering near $65,000, down about 50% over the last year, the mood across crypto has become increasingly subdued lately. For most of the 2020s, cryptocurrency transformed from a niche financial experiment into a major political issue. What began as a technology debate evolved into a cultural and ideological battleground, with Republicans […]

“No Greater Threat To America’s Way Of Life”: Senate Unanimously Passes Resolution To Condemn CCP Leader Xi Jinping Authored by Dorothy Li via The Epoch Times, U.S. senators have voiced support for ordinary Chinese people and denounced communist regime leader Xi Jinping for lying to Americans and committing human rights abuses. The U.S. Senate unanimously approved on June 16 by voice vote a resolution (Senate Resolution 444) […]

UK Gilt Yields Spike As Burnham Win Opens Door To Oust Starmer The odds of embattled UK Prime Minister Keir Starmer being ousted by the end of July are soaring this morning… …after Greater Manchester Mayor Andy Burnham won a decisive victory for the ruling Labour Party that delivers him a seat in Parliament and, with it, a pathway to challenge Starmer for his job. Burnham was elected in a standalone contest for the […]

Futures Rebound, Oil Slides, After Israel And Hezbollah Agree To Ceasefire Update: the Yo-Yo insanity that is the on again, off again Iran war. Moments after we reported that futures and global risk assets had sold off overnight on a delay to today’s start of peace talks in Switzerland due to Iran’s protest of ongoing violence in Lebanon, moments ago Reuters reported that Israel and Hezbollah have ​agreed to a ‌ceasefire set to […]

Gabbard Drops Fauci COVID-19 Receipts On Last Day: He Funded The Research, Cooked The Cover Story, Then Lied To Congress Newly declassified documents released Thursday by Director of National Intelligence Tulsi Gabbard show that a U.S. national laboratory assessed the COVID-19 lab-origin hypothesis as a serious possibility as early as May 2020, as well as evidence of U.S.-funded coronavirus research that included planning for […]

What AI Is… And Is Not Authored by Charles Hugh-Smith via OfTwoMinds blog, It behooves us to be clear on what AI is and is not, as the confusion of the two is the source of both the giddy hype and the opaque risks. Whether we admit it or not, we are collectively making an epoch-changing bet that AI is fantastic, unstoppable Progress with a capital P so large it blots out the sky. Like all bets, this bet is risky, and if it […]

Hormuz Ship Traffic Rebounds To Highest Level Since Start Of War, Iran Renews Restrictions Oil prices are on track to close lower for the week, with WTI futures down more than 9% versus last Friday’s close after the US and Iran secured an interim peace deal to reopen the Strait of Hormuz. The normalization phase for tanker traffic through the Hormuz maritime chokepoint is still in its early stages, but the market is already […]

‘Two-Tier’ Britain: White Jobseekers Locked Out Of Employment Schemes Authored by Steve Watson via Modernity, Local councils are running race-exclusive job support programmes for ethnic minorities using central government grants, leaving white Britons on benefits to fend for themselves in a system that claims to promote fairness. This fresh example of identity-driven exclusion follows a clear pattern of public and private sector […]

Modern Wars Cannot Be Won Without Kamikaze Drones, Paris Defense Show Makes Clear One of the world’s largest defense and security trade shows is wrapping up this week near Paris at the Paris Nord Villepinte exhibition center, where equity analysts from Paris-based Kepler Cheuvreux attended the event. Eurosatory focuses mostly on land and air-to-land warfare, including tanks, armored vehicles, artillery, drones, counter-drone […]