Persistent Delusion Among the American and NATO Defense Establishment

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,...

Ecuador says it will begin law enforcement operations against criminal activity in three regions with US support. Ecuador is a member of a US-led anti-cartel coalition in Latin America.  Ecuadorian Interior Minister John Reimberg explained that the US was providing logistical support for the criminal crackdown. He requested that people in three provinces comply with […]

Kevin Plank's Unsellable Thoroughbred Race Farm Sees Another Deep Price Cut Under Armour CEO Kevin Plank has once again cut the asking price on his massive thoroughbred racing farm in northern Baltimore County, Maryland, as the historic farm - once owned by the Vanderbilt family - continues to sit on the market amid a series of deep price cuts. Plank has been winding down his sprawling real estate portfolio, offloading everything from multiple residential properties to a luxury hotel in Baltimore City in recent years. Among his crown jewels - alongside...