PODCAST: Why This Recession is Different

When The Cost of Truth Is High, We (And AI) Lie... Authored by Charles Hugh Smith via OfTwoMinds blog, When we can no longer tell the truth because the cost is so high that it threatens our reward for compliance, we're unimaginably impoverished. Truth has an intrinsic, irreplaceable value.  There's the truth, and then there's everything else. Truth has value, and so it has a cost.  Whatever has the highest value has the highest cost, and high cost commands sacrifices. When the cost of truth is high, we lie.  And since AI is a distorted reflection of...

Short-Covering Rally... Or Something More? Authored by Lance Roberts via RealInvestmentAdvice.com, ▶ WEEK CLOSE:  S&P 500 7,126.06 (+1.2%)  |  Nasdaq 13-Day Win Streak (longest since 1992)  |  Russell 2000 New ATH  |  Brent Crude -9.1%  |  VIX 17.42 What began as a short-covering rally on April 7th has spent the last two weeks proving the bears wrong. Friday’s close at 7,126, the first finish above 7,100 in the index’s history, up 13.1% from the March lows, arrived alongside one of the most consequential single-session catalysts of the year. Iran declared the Strait...

Judge To Begin Consideration Of Bayer's $7.25 Billion Roundup Settlement Authored by Troy Myers via The Epoch Times, A circuit judge in Missouri is set to begin weighing on Sept. 14 agrochemical giant Monsanto's proposal of a $7.25 billion settlement for tens of thousands of lawsuits alleging that the company's popular Roundup weedkiller causes cancer. Bottles of Roundup weed killer on a shelf at a Lowe's Garden Center in Burbank, Calif., on June 25, 2026. Justin Sullivan/Getty Images Judge Timothy Boyer of St. Louis is not expected to issue an immediate ruling at...