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

Rep. Ro Khanna (D-CA) said on Wednesday that he will force a vote on a War Powers Resolution meant to prevent President Trump from attacking Iran without congressional authorization, as required by the Constitution. The resolution was introduced by Rep. Thomas Massie (R-KY), Khanna, and several other Democrats back in June 2025 amid the 12-day […]

Most Ships Transit Strait Of Hormuz Since War Started Led By Iranian, China-Linked Tankers Yesterday we pointed out that contrary to conventional wisdom of a full Gulf blockade, more ships are now transiting the Strait of Hormuz... Strait ship traffic starting to move (chart GS) pic.twitter.com/VJ0M9ET3yi — zerohedge (@zerohedge) March 10, 2026 Another bulk carrier signaling ‘China Owner&Crew’ u-turned away from the strait following the incident, underscoring the heightened security risks. As we reported previously, widespread electronic warfare tactics, including spoofing and signal jamming, have made real-time monitoring of traffic increasingly difficult. With several vessels opting...

Services ISM Smashes Estimates, Prints At 56.1 Highest Since 2022, As Prices Paid Tumble After the Manufacturing ISM print earlier this week came modestly stronger than expected (albeit with the Prices Paid component spiking and sending 10Y yields higher), some were expecting a similar improvement in today's Services ISM print. What they got instead, was a blowout number, and one suggesting that whatever weakness the US economy was in for much of the latter part of 2025, is now over. At 10:00am ET, the ISM Services print came out at 56.1,...