Persistent Delusion Among the American and NATO Defense Establishment

The Passive Aggressive Market: Bogle's Warning Came True Authored by Michael Lebowitz via realinvestmentadvice.com, Since the pandemic, the line between passive investing and aggressive speculation has blurred. The current bout of speculative fervor extends beyond financial markets. For instance, we see the same impulse in the explosion of sports betting and the surge in event-betting sites like Kalshi and Polymarket. In the investment arena, margin debt is at record highs (as shown below), and zero-day-to-expiry (0DTE) stock options now account for approximately 50 percent of all options volume. Furthermore, the number of...

US B-2 Bombers Belatedly Authorized To Use British Bases To Hit Deep Inside Iran In the modern era Britain has always been America's junior partner when it comes to launching Middle East wars, and so in the opening days of Trump's Operation Epic Fury targeting Iran, there was anger in Washington as the Starmer government appeared to waffle and was fence sitting. However by Monday and Tuesday, the United Kingdom is as expected now aligning directly with Washington, having belatedly authorized the use of British military bases to support American operations targeting...

President Trump said on Tuesday that the US would provide insurance and naval escorts for tankers transiting the Strait of Hormuz after Iran’s Islamic Revolutionary Guard Corps (IRGC) declared the waterway was closed, a response to the US and Israeli attack on Iran. “Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) […]