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Canadian Prime Minister Mark Carney Confirms 4 Dead, Several Dozens Injured, During Military Live-Fire Exercise

Yesterday at approximately 4:00pm a large fire broke out at a Canadian military base and spread quickly. CFB Wainwright (Canadian Forces Base Wainwright) is situated adjacent to the Town of Wainwright in east‑central Alberta. CFB Wainwright is one of Canada’s busiest military training bases, where soldiers prepare for combat operations. It is home to the… Continue reading Canadian Prime Minister Mark Carney Confirms 4 Dead, Several Dozens Injured, During Military Live-Fire Exercise

Pimco Sees A 6% 10-Year… Here’s Why “Bad Inflation” Caps Yields

Pimco Sees A 6% 10-Year… Here’s Why “Bad Inflation” Caps Yields Authored by Lance Roberts via RealInvestmentAdvice.com, Will interest rates go up to 6%? That’s the question on many investors’ minds since Pimco’s chief investment officer, Dan Ivascyn, told the Financial Times last Friday that a 6% 10-year Treasury yield is “certainly possible.” This week’s… Continue reading Pimco Sees A 6% 10-Year… Here’s Why “Bad Inflation” Caps Yields

Canadian Government Threatens To Punish Steel Maker Over Tariff Layoffs

Canadian Government Threatens To Punish Steel Maker Over Tariff Layoffs The fundamental nature of socialist economics is to use governments to rig markets in favor of certain groups and outcomes.  Canada has been exploiting this dynamic for decades (along with their proximity to the largest consumer market in the world), in order to secure optimal… Continue reading Canadian Government Threatens To Punish Steel Maker Over Tariff Layoffs

Sunday Talks – Treasury Secretary Bessent: “Zelenskyy Needs to be Very Careful About Making Statements That are Not True”…

Secretary of Treasury Scott Bessent appears on NBC’s Meet the Press to discuss the current status of the economy and ongoing geopolitical events.  Within the interview [Video and Transcript Below] Secretary Bessent notes that Ukraine President Volodymyr Zelenskyy, who is coordinating closely with both British King Charles and Canadian Prime Minister Mark Carney, needs to… Continue reading Sunday Talks – Treasury Secretary Bessent: “Zelenskyy Needs to be Very Careful About Making Statements That are Not True”…

Two Decades Of Mass Financial Delusion Ends Now

Two Decades Of Mass Financial Delusion Ends Now Submitted by QTR’s Fringe Finance Friday’s selloff was not a surprise. Between deteriorating credit markets, rising Treasury yields, increasingly absurd artificial intelligence valuations, enormous amounts of leverage and an entire financial system that has spent the better part of two decades mainlining cheap money like a frat… Continue reading Two Decades Of Mass Financial Delusion Ends Now

NRC Backs Fermi’s Four Texas Reactors

NRC Backs Fermi’s Four Texas Reactors Fermi America’s nuclear plans just cleared their first regulatory hurdle. NRC staff have preliminarily recommended issuing combined licenses for four Westinghouse AP1000 reactors at Project Matador, Fermi’s planned power and AI campus outside Amarillo, Texas, according to a draft environmental impact statement the agency put out for comment on… Continue reading NRC Backs Fermi’s Four Texas Reactors