China Preps For War: Spy Balloon Belies Much Larger Economic Warning Signs

Supreme Court Tariff "Bomb"? Fears Of A $200 Billion Refund Shock Are Overdone Authored by Daniel Lacalle, The market consensus reaction to the Supreme Court ruling on the Liberation Day tariffs exaggerates the negatives and ignores the options of the Trump administration. Markets are overreacting to headlines about a $175–200 billion tariff refund financial hole. However, the Supreme Court ruling opens a long, narrow, and manageable process, not an imminent fiscal crisis. In the days after the Supreme Court struck down the Trump Liberation Day tariffs, many sell-side analysts turned a complex legal...

Oklahoma Governor Declares State Of Emergency As Fast-Moving Wildfires Scorch The Panhandle Oklahoma Governor Kevin Stitt declared a State of Emergency as a massive wildfire spread across the panhandle region of the state and crossed into Kansas. The Ranger Road Fire has burned 145,000 acres and is one of four wildfires raging in the northwest region of the state. In total, the fires have scorched about 156,000 acres. Latest from the Oklahoma Department of Agriculture: Ranger Road Fire: 145,000 acres, 0% contained Stevens Fire: 5,500 acres Side Road Fire: 3,300 acres, 25% contained 43 Fire: 2,200...