CASHMAN: ELIZA BLEU AND THE PERPETUAL TRAUMA MACHINE—PART 1

The End Of Multiculturalism And The Liberal Utopian Fantasy The first and most important thing to understand about multiculturalism is that it is not an end goal.  Rather, it is a vehicle; the median step in a much larger agenda to erase sovereign cultures and strong national identities.  Once a population no longer has a cultural framework and a set of shared principles to hold onto, they are less likely to care when the borders of their nation are erased and their government becomes subservient to foreign (or globalist) interests. Cultures...

US PMIs Signal Stagflation Fears Accelerating As War Started With 'hard' US macro data having drifted weaker all year, consensus was expecting only a modest decline in S&P Global's US Composite index in preliminary March data (that presumably will be affected in some part by the war and its consequences). The consensus was right, but the picture was mixed with Manufacturing PMI surprising to the upside (52.4 vs 51.5 exp vs 51.6 prior) - highest since Oct 2025. Services PMI, on the other hand, disappointed, falling to the lowest since April 2025... Source: Bloomberg Overall,...

Jobless Claims Continue To Show No Signs Of Labor Market Stress Initial jobless claims continue to hover near multi-decade lows, refusing to show any signs of labor market stress. Last week saw 212k American file for jobless benefits for the first time (below the 216k expected). Unadjusted claims tumbled to the lowest since September... Source: Bloomberg Michigan and New York saw the largest drop in initial jobless claims last week while Rhode Island and Oklahoma saw the bigger rise in claims... The number of Americans filing for continuing jobless claims also dropped last week...