Money versus Monetary Policy

Halliburton Sees First Signs Of Life In America's Oil Patch: "We Are In Early Innings" An emerging theme we are focusing on is the early stage of a major capex upcycle in America's oil patch, with even Goldman now moving in that direction and forecasting a boom that could echo the industry's expansion cycle of the early 2000s. Continental Resources CEO Doug Lawler was the first of the major oil patch players to mention in early April that "Continental is increasing our capital budget, which will increase production." Now, another giant...

Democrats Flip Trump's Mar-a-Lago District In Florida Special Election Upset Democrats flipped a reliably red Florida state House seat that includes President Donald Trump’s Mar-a-Lago estate on Tuesday, scoring a narrow but symbolically significant victory in a special election that drew national attention. Democrat Emily Gregory defeated Trump-endorsed Republican Jon Maples in House District 87 by just over 2 percentage points, according to unofficial results. The win marks an approximately 11-point swing toward Democrats compared to the 2024 performance in the Palm Beach County district. Gregory, a first-time candidate who runs a...

Real Estate Browser Extension In France Provides Immigration Data Overlay Via ReMix, A French website and real estate browser extension for Chrome is promoting an unusual data offering, which includes information on immigration levels, insecurity, and Islamization rates — all factors that real estate buyers may want to take into consideration before they make an investment. The OVMF assigns various scores “automatically in real estate ad photos,” according to the company behind the extension, which is free and collects no data from its users, according to the website. It also promises to highlight...