Train your brain with Charles Poliquin

French Navy Boards 5th Russian 'Shadow Fleet' Vessel Off Europe Since September French President Emmanuel Macron has announced yet another highly provocative naval seizure of a Russian so-called shadow fleet vessel.  "On Tuesday, the French navy boarded the oil tanker Deliver as it was passing off the coast of Sicily in breach of maritime law," Macron wrote in a post on X, revealing the prior interdiction that took place earlier in the week. Illustrative, via French Navy Reports say it flew a Cameroonian flag and was sailing from Russia's Baltic port of Primorsk,...

World Cup Fans Drive Spending Surge In These US Host Cities Bank of America has released new aggregated credit and debit card data showing that the World Cup is already driving a noticeable increase in retail spending activity across the tournament's 11 U.S. host cities. According to BofA analyst Aditya Bhave, brick-and-mortar spending at restaurants and bars in host cities rose 5.3% year over year in the three weeks ending June 27, outpacing the 3.8% gain seen across the rest of the U.S. Bhave noted that other forms of brick-and-mortar retail...

Inflation Fears Plummet As UMich Sees Democrats' Confidence Pick Up In February After rebounding strongly in preliminary February data (as Democrats came to their senses over the fearmongered Trump tariff-flation), the final UMich sentiment survey print slipped lower with the headline lowered from 57.3 to 56.6. Both Current Conditions and Expectations were lower than the flash print with the latter falling to 2 month lows and the former holding at 4-month highs... Does anyone else think its weird that all the numbers were exactly the same at 56.6 Source: Bloomberg Democrats and Republicans...